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View Diary: The American System (205 comments)

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  •  A little better explanation is required. (3+ / 0-)
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    Pescadero Bill, Dburn, Odysseus

    We've had national banks, and we still have the Federal Reserve system.

    That fundamentally different from TARP, which required an act of Congress and allocation of funds for direct transfer to private companies for the purpose of rewarding their misdeeds -- oops -- make that, NO! Let's call a spade a spade.  TARP was a big payback to the people who've financed our politicians at the expense of millions of Americans who have had to carry the weight of that bailout on our backs.

    LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

    by dinotrac on Sun Dec 02, 2012 at 09:05:41 AM PST

    [ Parent ]

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