[CitizensTruth] Taxpayer on the line for $23.7 TRILLION - and handed one bait-and-switch fraud after another

[Geri Perry]

According to a recent report of the financial sector, American taxpayers 
are now on the hook for almost $24 TRILLION:

<QUOTE>: "The total potential federal government support could reach up 
to $23.7 trillion," says Neil Barofsky, the special inspector general 
for the TARP, in a report released today. For full article: 
http://abcnews.go.com/Business/Politics/story?id=8140184

Dennis Kucinich, questioning Neil Barofsky, charged that taxpayers are 
being handed one fraud after another, even as each fraud is initially 
touted as the means of solving the financial crisis. Even worse says 
Kucinich, while we [mistakenly] think we've solved the problem the Fed 
is in effect paying banks NOT to make loans to small business and 
struggling Americans (which means that the "money" supply on "main 
street" is shrinking even as taxpayers are bailing out big banks and 
Wall Street to an unprecedented degree): 
http://www.youtube.com/watch?v=Gkf8VG3HL_8

Who provides the money the Fed is using to keep the banks for making 
loans (and thereby creating "money" for Main Street)? The taxpayer of 
course.