Is Elizabeth Warren Native American or What?
Warren: Citigroup, Morgan Stanley, Merrill Lynch Received $6 Trillion Backdoor Bailout from Fed
Much of that money was loaned at below 1 percent interest."
The Discount Rate, what the Fed charges member banks borrowing from the Fed, was 0.5% until Feb 2010.
"During the financial crisis, Congress bailed out the big banks with hundreds of billions of dollars in taxpayer money; and that’s a lot of money.
"But the biggest money for the biggest banks was never voted on by Congress.
"Instead, between 2007 and 2009, the Fed provided over $13 trillion in emergency lending to just a handful of large financial institutions.
"That’s nearly 20 times the amount authorized in the TARP bailout.
Did all the people who lost their jobs during the crash get those jobs back?Warren: Citigroup, Morgan Stanley, Merrill Lynch Received $6 Trillion Backdoor Bailout from Fed
Much of that money was loaned at below 1 percent interest."
The Discount Rate, what the Fed charges member banks borrowing from the Fed, was 0.5% until Feb 2010.
"During the financial crisis, Congress bailed out the big banks with hundreds of billions of dollars in taxpayer money; and that’s a lot of money.
"But the biggest money for the biggest banks was never voted on by Congress.
"Instead, between 2007 and 2009, the Fed provided over $13 trillion in emergency lending to just a handful of large financial institutions.
"That’s nearly 20 times the amount authorized in the TARP bailout.
Yup. And they paid it all back, with interest, and the banking system was saved.
Did you have a point somewhere?
Voting for the lesser of two evils is exactly the problem that has produced Trump v Clinton. We should learn from our mistakes instead of consigning the US to another eight years of corporate Democratic rule. If there is one bit of idiocy that Trump can not flip flop on, it is his promise to deport 11 million human beings from the US.When he sets that in motion
A completely corrupt and anti-capitalist system was saved.
Did all the people who lost their jobs during the crash get those jobs back?Warren: Citigroup, Morgan Stanley, Merrill Lynch Received $6 Trillion Backdoor Bailout from Fed
Much of that money was loaned at below 1 percent interest."
The Discount Rate, what the Fed charges member banks borrowing from the Fed, was 0.5% until Feb 2010.
"During the financial crisis, Congress bailed out the big banks with hundreds of billions of dollars in taxpayer money; and that’s a lot of money.
"But the biggest money for the biggest banks was never voted on by Congress.
"Instead, between 2007 and 2009, the Fed provided over $13 trillion in emergency lending to just a handful of large financial institutions.
"That’s nearly 20 times the amount authorized in the TARP bailout.
Yup. And they paid it all back, with interest, and the banking system was saved.
Did you have a point somewhere?
Did all those people who lost their homes during the crash get their homes back?
They would have had to enact some kind of FDIC for small stock holders in the banks before letting them fail, and then the Chinese own so much.
Voting for the lesser of two evils is exactly the problem that has produced Trump v Clinton. We should learn from our mistakes instead of consigning the US to another eight years of corporate Democratic rule. If there is one bit of idiocy that Trump can not flip flop on, it is his promise to deport 11 million human beings from the US.When he sets that in motion
multiply this ^^^ by 10.
2006 United States immigration reform protests - Wikipedia, the free encyclopedia
They added liquidity to some of the richest institutions in the country, including the families that own the Federal Reserve:
They will.Voting for the lesser of two evils is exactly the problem that has produced Trump v Clinton. We should learn from our mistakes instead of consigning the US to another eight years of corporate Democratic rule. If there is one bit of idiocy that Trump can not flip flop on, it is his promise to deport 11 million human beings from the US.When he sets that in motion
multiply this ^^^ by 10.
2006 United States immigration reform protests - Wikipedia, the free encyclopedia
They'll be easier to deport if they all gather in one place......
A question, actually.Warren: Citigroup, Morgan Stanley, Merrill Lynch Received $6 Trillion Backdoor Bailout from Fed
Much of that money was loaned at below 1 percent interest."
The Discount Rate, what the Fed charges member banks borrowing from the Fed, was 0.5% until Feb 2010.
"During the financial crisis, Congress bailed out the big banks with hundreds of billions of dollars in taxpayer money; and that’s a lot of money.
"But the biggest money for the biggest banks was never voted on by Congress.
"Instead, between 2007 and 2009, the Fed provided over $13 trillion in emergency lending to just a handful of large financial institutions.
"That’s nearly 20 times the amount authorized in the TARP bailout.
Yup. And they paid it all back, with interest, and the banking system was saved.
Did you have a point somewhere?
A question, actually.Warren: Citigroup, Morgan Stanley, Merrill Lynch Received $6 Trillion Backdoor Bailout from Fed
Much of that money was loaned at below 1 percent interest."
The Discount Rate, what the Fed charges member banks borrowing from the Fed, was 0.5% until Feb 2010.
"During the financial crisis, Congress bailed out the big banks with hundreds of billions of dollars in taxpayer money; and that’s a lot of money.
"But the biggest money for the biggest banks was never voted on by Congress.
"Instead, between 2007 and 2009, the Fed provided over $13 trillion in emergency lending to just a handful of large financial institutions.
"That’s nearly 20 times the amount authorized in the TARP bailout.
Yup. And they paid it all back, with interest, and the banking system was saved.
Did you have a point somewhere?
When was the last of the $13 trillion repaid and what toxic waste was it repaid with?
At least one...
