Tag Archives: troubled asset relief program

History of US Bailouts

I’m a visual person.  This "graph" depicts the history of US bailouts from 1970 through to the current day.

Please note that the "Troubled Asset Relief Program" is nowhere near its end.  By the time we’re done, my prediction is that American taxpayers will be on the hook for more than $2 trillion worth of toxic debt that Wall Street has created.

Bravo.  Well done fellas.

Meanwhile, Bush and McCain are described as threatening the US (and the world’s financial system) with economic and financial terrorism.  For the full story, please click here .