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Originally Posted by Seashore
I think that Webster Tarpley is a good source of information... 30 MILLION PRODUCTIVE JOBS TO REBUILD U.S. INFRASTRUCTURE, INDUSTRY AND AGRICULTURE: THE PROGRAM TO END THE ECONOMIC DEPRESSION by Webster G. Tarpley, www.tarpley.net November 14, 2009 - The U.S. and the world are gripped by... 1. ... Claw back the TARP and other public money given or lent to financiers...
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Originally Posted by Seashore
"Claw back" - I wonder whether Webster means take back.
Am I correct to say it is trillions of federal taxpayer funds that were allocated to bail out private financiers to prevent them from going bankrupt due primarily to a gigantic gambling casino for the elite known as "derivatives"?
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From what I can gather, this thing called "derivatives" is a huge issue. We taxpayers have taken on trillions of dollars of debt to cover for these things - this strange animal that we did not create and is not our responsibility - or
shouldn't be.