Friday, October 9, 2009

Banks continue to bilk the system

The so called financial bailout has done nothing for the people who were supposed to benefit from this program. The billions of tax payer dollars that were funneled to the large banks has now made them even bigger. They have no regard for their clients. Their main goal is to provide as much money to their corporate executives as possible. The money provided by you and I has only lined the pockets of the top bank executives.
This money was supposed to be used for new loans. Less than 2% has been put to this use.
It is criminal, yet nothing is being done about it. The media is not talking about it, because the media is also corporate owned.
We are in a downward spiral that is headed for a crash a hundred times worse than what we experienced in the fall 2008.
Corporate greed is now worse than ever.

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