Thursday, March 26, 2009

TARP Was Supposed To Buy Toxic Assets Last Year

Toxic Asset Plan Foresees Big Subsidies for Investors -

Back in September, TARP was sold to us all for $750 billion as a plan to buy up the toxic assets. Here we are an estimated $11 trillion later and it still has not happened??!!

And now that they are finally "getting around to it", they are planning to buy the toxic assets with low interest loans to get private investors to do what the government claimed it was doing with taxpayer money! So where is that money?

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