A Better Solution Than TARP
Politics / Credit Crisis Bailouts Jun 01, 2010 - 10:29 AM GMTBy: Rudy_Avizius
Our government has committed $12,200 Billion in bailouts, guarantees, and backstops to the very same people who created this economic mess. Most of this money has not found its way to Main Street but instead has lined the pockets of the Wall Street types. Part of this was the $700 Billion TARP program.
This video explains how instead of TARP, we could have used this money to LEVERAGE productive endeavors on Main Street that would have both employed our people and helped to reduce the federal deficits.
By Rudy Avizius
http://www.endtheillusion.org/
Email: rudy@endtheillusion.org
Rudy Avizius is a retired school district administrator and a former Director of Technology who has been following economic and political news very carefully for the last 2 decades. He has recently become active in trying to make sure that the government spends taxpayer money wisely with long term benefits to the nation.
© 2010 Copyright Rudy Avizius - All Rights Reserved
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