Raising Of The Debt Ceiling Is Meaningless, In Comparison To The Banker’s Gambling Debt Bailout That Spiraled From $787 Billion To $12.8 Trillion Behind Closed Doors.
The Debt Ceiling Was Raised 117 Times Since The $700 Billion Bailout.
According to a team at Bloomberg News, at one point last year the U.S. had lent, spent or guaranteed as much as $12.8 trillion to rescue the economy.
ON SOME MACHINES ALLOW A FEW MOMENTS FOR VIDEO TO COME INTO VIEW.
It turns out that that $787 billion is just a small part of a much larger pool of money that has gone into propping up our nation’s financial system. And most of that taxpayer money hasn’t had much public scrutiny at all.
New World Order’s Nirvana ~Dubai
According to a team at Bloomberg News, at one point last year the U.S. had lent, spent or guaranteed as much as $12.8 trillion to rescue the economy. The Bloomberg reporters have been following that money. Alison Stewart spoke with one, Bob Ivry, to talk about the true cost to the taxpayer of the Wall Street bailout.
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