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The Government Has Given Banks YOUR MONEY, and You Won’t Get Anything For It
Posted By admin On October 22, 2008 @ 4:32 am In Money Watch | Comments Disabled
George Washington’s Blog 
Wednesday, Oct 22, 2008
The government has given banks handfuls of YOUR MONEY and you won’t get anything for it.
Don’t believe me?
(Article continues below)
Well, the original version of the bailout would have helped  mainly Paulson’s old company, Goldman Sachs.
And according  to one of the leading experts on monetary policy and economics, the government isn’t “trying to save the banking system [but just] trying to save banks.” Paulson trying to help out his buddies at Goldman Sachs and elsewhere?
Moreover, as the headline from a CNBC report  reads today, “Feds Using Bailout to Push Bank Mergers”. Hmmm. That would benefit Paulson’s buddies, also, letting them use federal bailout money to take over their competitors.
I’m not saying for sure that all of the bailouts are solely for the purpose of helping out Paulson’s buddies. What I am saying is that they won’t help YOU.
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URLs in this post:
 George Washington’s Blog : http://georgewashington2.blogspot.com/2008/10/government-has-given-banks-your-money.html
 trillions: http://georgewashington2.blogspot.com/2008/09/bailout-is-not-limited-to-700-billion.html
 “restore liquidity”: http://www.google.com/search?q=%22restore+liquidity%22&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a
 problem was never a lack of liquidity: http://georgewashington2.blogspot.com/2008/10/problem-was-never-liquidity-but.html
 did not insist: http://georgewashington2.blogspot.com/2008/10/feds-give-hundreds-of-billions-to-banks.html
 not using the bailout money to extend loans: http://georgewashington2.blogspot.com/2008/10/feds-actions-have-failed-banks-are.html
 admit: http://georgewashington2.blogspot.com/2008/10/even-banks-admit-theyll-keep-on.html
 Image: http://www.prisonplanet.tv/subscribe.html
 would have helped: http://www.bloomberg.com/apps/news?pid=20601087&sid=aUj_9.k13q7s&refer=home
 according: http://online.wsj.com/article/SB122428279231046053.html
 report: http://www.cnbc.com/id/27293483
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