Through TARP banks received $ 700,000,000,000 in bail-out money, paid for by US taxpayers. This caused an outcry by many Americans - and rightfully so. However, this 700 billion dollar bailout is tiny compared to the more than $ 16,000,000,000,000 (16 trillion) spent by the Federal Reserve in emergency loans.
The following video (by jazzntoehead) explains very well how much money this actually is.
Keine Kommentare:
Kommentar veröffentlichen