That’s right 29 Trillion dollars has been given to a select group of banks in the United States since the collapse began.
Enough to pay off the entire phony national debt!
Enough to keep the parks open.
Enough to continue white house tours
Enough to give 100,000 dollars to every living soul in America!
Do you think you could pay for a little medical assistance with 100,000?
The worst part of all of this, is you may recall, that most of these banks got to pay 0 income tax.
That’s right, they got trillions, and paid less in taxes than the average 30 hour worker, working in the service sector.
What a bunch of bullshit.
Is your slavery becoming more clear by the day?
a link to the 29 trill dollar estimate: http://www.newsmax.com/StreetTalk/Economist-Fed-Exposure-Trillion/2011/12/13/id/420763
Paul Adams, J.D.
Activist Post:
Another article has it pegged at 16.9 Trillion
bailed out the following banks with at least $16.9 trillion according to page 131 of the first GAO audit:
Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America
: $1.344 trillion ($1,344,000,000,000)
: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
(UK): $541 billion ($541,000,000,000)
JPMorgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
5 Trillion sent overseas during the bailouts!
This doesn’t even touch on the derivatives exposure to these banks!
Perhaps this is where all the money is going?
9 Biggest Banks’ Derivative Exposure – $228.72 Trillion
JP Morgan Chase has a derivative exposure of $70.151 Trillion dollars.
Niall Ferguson: US Unfunded Liabilities Top $238 TRILLION!!
“Niall Ferguson states that the total US unfunded liabilities is a mind-blowing $238 TRILLION- over 16 times the total US debt claimed by the Treasury Department of $16 trillion!!
Can you say QE to INFINITY….AND BEYOND!!! ?”
Read more at http://investmentwatchblog.com/wtf-29-trillion-dollars-given-to-banks-since-2008/#ppad881O6juKbZyL.99
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