Friday, February 27, 2009

Bank Bailouts Only For the Few

Unless profitable banks are getting 'bailed out," too!(?)

"More than two-thirds of all banks and thrifts turned a profit in that period, but their earnings were outstripped by large losses at a number of major banks."

Related
: Taxpayers Already Down $78 Billion Over Bailout

Bailout Looters Didn't Pay Taxes

Actually, you are already on the hook for trillions -- and more
:

"The White House's 2010 budget released yesterday includes a $250 billion contingency fund for 2009 that - if needed - could leverage three times as much in asset purchases from financial institutions in need of capital. In essence, however, taxpayers would foot the entire $750 billion up front"

That's on ANOTHER $750 BILLION BAILOUT, folks!

This would be OBAMA'S OWN!!

They sure do like the number $750 BILLION, huh?