A repository for Marcospinelli's comments and essays published at other websites.

The Untold Story of TARP

Sunday, October 3, 2010


the sight of Wall Street rewarding themselves with billions in bonuses after they'd been bailed out was what made everyone throw up a little.
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"a little", "a lot".


But that doesn't even begin to cover the problem.


TARP was a stick-up.  And all of the ensuing debate over it, and "it would have been so much worse had there been no TARP" missed the point: The economic meltdown was the greatest heist in the history of the world, nothing has been done to prevent it from happening again, no one's been 'restored', no one's been prosecuted, and Obama has blocked investigations and prosecutions into the entire financial house of cards.  


Nothing has changed, except the culprits have been gotten away with America's fortune.  
Read the Article at HuffingtonPost

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