TARP A HUGE SWINDLE OF AMERICAN TAXPAYERS

Surprise! Not!

From American Free Press:

‘TARP’ Turning Out to Be Largest Taxpayer Swindle in U.S. History

CONGRESS AND THE WHITE HOUSE have been busy lately patting themselves on the back for staving off financial armageddon by handing out taxpayer money to Wall Street like it was Halloween candy. But while they’re trumpeting the fact that some financial firms have returned a tiny portion of the trillions of dollars that were given to banks, reality is setting in that Americans will never see that money again and will be paying it off for many, many years to come.

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So far, more than 600 potentially insolvent banks have been propped up by TARP. However, the program is set to expire at the end of this year, and doubts remain as to whether many lending institutions will be able to hold on without continued handouts from taxpayers....

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...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.

Generations of Americans will be socked in the wallet.

We've got to vote out the Dems in 2010 and 2012!