Our tax $$$$$

[Bill F]

Asking?
Oh boy....

"The people who are subsidizing the activities of the banks through their tax dollars are the same people who are furnishing the high profits through consumer lending," Elizabeth Warren, chairwoman of the Congressional Oversight Panel told the Journal in an interview.

"In a sense, we're asking taxpayers to pay twice," Warren told the paper.

Uh, let's correct the record here.

The taxpayer was raped for $700 billion dollars after explicitly telling their Representatives and Senators NO by somewhere between a 100:1 and 300:1 ratio, depending on the individual Rep or Senator.

In addition to this The Taxpayer was further violated to the tune of some $8-12 trillion in additional "commitments and loans" for which he had no representation or voice, as those "commitments" were made by The Fed and affiliated agencies, which Congress has refused to exercise control over, despite having the clear Constitutional mandate to do so.

This is over $40,000 per man, woman and child in this country, and it was stolen from you quite literally at gunpoint for the explicit purpose of preventing the banksters responsible for this mess suffering the loss of their shirts, their homes, their yachts and their bonuses.

Since TARP was launched in October, banks bolstered by capital infusions have boosted charges on a wide range of routine transactions, hiked rates on credit cards and continued making loans criticized as predatory by consumer advocates, the Journal said.

No kidding?

You forgot that these "actions" by The Fed have also destroyed the ability of people to earn money by saving; that is, they have destroyed the time value of money in the form of interest paid to private capital for the loan of it's money to both the banking system via deposits and Treasury via purchase of Bills and Bonds, in an insane attempt to force people to place those funds in harm's way where they will be lost in the equity and credit markets.

Why is it again that Americans put up with this sort of crap?

Are we really so stupid as to just turn on American Idol after losing our jobs, homes and half of our retirement accounts, then quietly accept this sort of outrageous nonsense from our so-called "media" who has been intentionally complicit in not only the blowing of the bubble but also corralling America into debt slavery?

Guess so.

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[Alaskan]

I would say Yes, look at how many people voted for the empty suit because of the media hype.
There are actually very few people that do anything when something happens. They just sit back and whine about no one helping them.