The Humble Libertarian

Building a small army to take over the world and... leave everybody alone.

Saturday, March 24, 2012

Big Banks Continue to Suck at the Government Teat With Never-Ending Stealth Bailouts

Bankster bailouts continue unabated. The Banksters are paying back bailout bucks with new bailout bucks. Bankster welfare never ends.
True, the banks claim they’ve repaid the Tarp bailout funds … but nearly half of the banks “repaid” such bailout funds by borrowing from other government bailout funds (and the rest could only repay money by fudging their accounting and using stealth bailouts which are are a little harder to detect). Indeed, the government has decided on perpetual bailouts for the too big to fail banks.
Read the rest here
Washington's Blog