DonnaAug 1st, 2008 - 16:51:36

so with the Treasury Secretary Paulson offering covered bonds to the banks and financial institutions, and Fed Chair Bernanke offering government backed loans, is this just a pipeline for these funds to get taxpayers money?

if we have to pay off these debts for all the money being loaned to bail out all these banks and brokers and pay interest on that debt, and that money is eventually going back to these wealth funds who are getting a bigger and bigger piece of the pie, isn't this just another money grap?

are't Paulson and Bernanke just bankers who are devising more and more ways to take our money and funnel to it their friends, the ultra wealthy?

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