Ok. There is so much to understand about this that I don't understand, so I am not even going to try to pretend I understand... at least not yet. So I'm just gonna post some links below and you can try to figure it out.
I would like to make clear one thing I do understand. No matter how you look at it. No matter which angle you turn it. No matter how some try to explain it away. One thing that is a fact.
Chase CEO Jamie Dimon took home a $17 million bonus (and even more in yearly salary) in 2010 and he's not the only one makin big bucks thanks to the bailout paid for by the working mans tax dollars. At the same time, Americans all across the country are losing thier homes, forcing many to become homeless for the first time in thier lives. The same Americans who's tax dollars paid for the big banks bailouts.
I may not be able to explain it in words but I can tell you how it makes me feel..... I'm pissed!
I have more to say, but I need to delve deeper so that I say it with clarity.
So in the mean time, following, are some links I found this morning.
Go ahead, check em out... but I'll give you a tip first.... you might want to grab a roll of tums to munch on while you dig in on this subject cause it ain't easy to digest.
Patricia Malcolm - Brooklyn minister and activist say's "Enough Is Enough: Why I Closed My Chase Account"
THE DAILY BAIL: The $165B Bank Bailout That Will Never Be Paid Back
Treasury defends TARP to a panel of critics: Some argue bailout effort institutionalizes ‘too-big-to-fail’
Runaway Executive Pay and the Wall Street Bailout (DON"T SKIP THIS ONE)
http://www.economicpopulist.org/content/greedy-executive-pay-gets-scolding-and-not-much-else
Nine Wall Street Execs Who Cashed In on the Crisis
And KUDOS to the folks mentioned on this link!
Walker's Big Bank Donors Take a Hit : Unions are threatening to "Move thier money"
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