Skip to content

Understanding the bailouts

June 29, 2009
Brasscheck TV
6/28/2009

You’ll never hear this explained on the financial news channels.

Here’s how the bailouts really work.

So far, $11 to $12 trillion has been committed with no end in sight – and, very often, the details and terms are not subject to public oversight.

The difference between the Bush and Obama administrations on this issue?

Zero.

No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: