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Posts Tagged ‘taxpayers’

Feb
09
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Feb. 9 (Bloomberg) — The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion, enough to pay off more than 90 percent of the nation’s home mortgages.

via Bloomberg.com: News.

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Feb
03
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mynurealtorHow Schemes to Rescue Wall Street Gamblers Are Prolonging this Recession

Using the “too big to fail” scare tactic, the U.S. government has kept a number of terminally ill Wall Street gamblers on an expensive life-support system that is estimated to cost taxpayers $8.5 trillion.

via Ismael Hossein-zadeh: “Too Big To Fail”: A Bailout Hoax.

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Feb
03
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mynurealtorSix more banks — four of them in California — have announced their approval for the Treasury Department’s $700 billion Troubled Asset Relief Program. The total amount of taxpayer capital allocated to the companies was $71.7 million.

via Six more banks get TARP funds – BailoutSleuth.

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