Where Did The Money Come From....Where Did It Go ?

"Get money into the hands of financial institutions so that they could
continue to lend"
that's The general misconception

Paulson/Fed refusal of Bloomberg's suite to disclose information about how
the TARP was used is the indicator that funds were being used to prevent
institutions from failing - nothing to do with lending
it's also why Paulson is silent about 'pressuring' financials to lend — they
don't have the funds to do so, and the others aren't going to lend as long as
the economy is dumping
 
Quote from libertad:

It is like the most significant portion of the US Financial system is just one big ponzi scheme....
More...
So is Social Insecurity, and gov't debt
A huge ponzi scheme.
 
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