What was TARP REALLY About???? It stopped the largest act of Economic Terrorism the world's ever seen.

Most people mistakenly think that Wall Street companies started going bankrupt and Bush bailed out his buddies.

The reality is that we were victims of an act of 'economic terrorism.' A country or countries decided to hit the sell button and created a $550 Billion run on our money markets.

This $550 BILLION run instantly and completely froze the credit markets sending companies into instant insolvency. GE had to borrow $3 billion from Buffet just to have working capital to cover expenses like payroll.

Without TARP, the entire U.S. economy would've crashed within 24 and the world economy within 48 hours.

Don't believe me? Listen to DEMOCRAT Congressman Paul Kanjorski tell a Span caller what happened. At about 2:15 he talks specifically about how in ONE HOUR we were experiencing a bank run that would've taken us---and the world---down.





Last Edited by telling it straight on 11/11/2012 02:39 PM