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Desc:Interview from 'The Dylan Ratigan Show'
Category:Business, Crime
Tags:Wall street, bailout, matt taibbi, TALF
Submitted:SDAusmus
Date:04/20/11
Views:769
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Comment count is 6
The Mothership - 2011-04-20
Urge to kill rising.
godot - 2011-04-20
It wasn't taxpayer money. The 12 Federal Reserve Banks are private nonprofit corporations owned by member banks.
godot - 2011-04-20
The real question is why was TARP (the taxpayer funded bailout) neccesary at all, when the semi-private Fed was happy to take trash collateral for their TALF (note the 'F', its a Fed program with no congressional oversight) loans.

kingarthur - 2011-04-20
Except that it was taxpayer money. Look into how the Fed puts more money into the system.

kingarthur - 2011-04-20
Taibbi is going to get himself shot. Ames and Levine too.

Their stuff is required reading in my household.


Konversekid - 2011-04-21
Separation of power sounds great and all, but it seems like a bit of focused Stalinistic paranoia would really help out with shit like this.
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