Can you see what Congress and Hank want to stick on your back America
Just their bills, because the bailout does not help the economy at all nor does it help you!
These are all bad assets because the greedy took advantage of deregulation!
The crooks knew exactly what they were doing
Every step of the way!
Because it help Bush with his bogus war!
And it broke our back in the process!
Even as policy makers worked on details of a $700 billion bailout of the financial industry, Wall Street began looking for ways to profit from it.
Financial firms were lobbying to have all manner of troubled investments covered, not just those related to mortgages.
At the same time, investment firms were jockeying to oversee all the assets that Treasury plans to take off the books of financial institutions, a role that could earn them hundreds of millions of dollars a year in fees.
Nobody wants to be left out of Treasury’s proposal to buy up bad assets of financial institutions.
