Tuesday, May 22, 2012
It Was NEVER About The Money
If all outstanding student loans at the time would have totaled less than one-trillion dollars ($970 billion) and the total outstanding personal credit card debt at the time would have totaled an additional one-trillion dollars ($959 billion) - would the economy have been better served by freeing it's workers from debt instead of creating more?
In the end the bailouts true cost is closer to $13,000,000,000,000.00!!!
It was never about the money - It was (is) always about the control.