TARP : Largest Taxpayer Swindle In History

Thanks Bush, Paulson, Obama Geithner and Bernanke!
Now please report DIRECTLY to jail!

http://www.americanfreepress.net/html/tarp_195.html

TARP was initiated in late September 2008 following the collapse of the stock market. Since that time, a handful of firms have reimbursed taxpayers for money they received under the program to the tune of about $70 billion, or 10 percent of what has been given out. The debate in Congress comes as the chief bureaucrat tasked with watching over TARP recently conceded during Senate testimony that taxpayers will most likely not be paid back for all of the money they gave Wall Street.

Speaking before the Senate Banking Committee on Sept. 25, Neil Barofsky, the special inspector general for TARP, said that it is “extremely unlikely that the taxpayer will see a full return on its TARP investment.”

By now, many policymakers inside the Beltway presume that Americans have forgotten how Bush’s Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke originally sold the massive payout by claiming that taxpayers would eventually reap “returns” on their “investment” in Wall Street.

Today, we’re being told that we should be happy that we will get back even some of that money. So now we know the truth about the TARP: It wasn’t enacted to protect the economy. It was created for the purpose of covering up the greatest theft of taxpayer dollars in the history of the United States.