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Why Should Taxpayers Give Big Banks $83 Billion a Year?

Posted on February 22nd, 2013 at 9:41 by John Sinteur in category: Robber Barons -- Write a comment

[Quote]:

So what if we told you that, by our calculations, the largest U.S. banks aren’t really profitable at all? What if the billions of dollars they allegedly earn for their shareholders were almost entirely a gift from U.S. taxpayers?

  1. Spaceman Spiff on February 22nd, 2013 at 15:45:

    So, if the sequester hits and the US Govt has to cut spending by $80B+, just stop giving $$ to the banks…

  2. Sue W on February 22nd, 2013 at 16:17:

    @Spaceman: Really? Someone has finally actually said this? You’re either a shining wit or a revolutionary, sir! :-)

  3. porpentine on February 23rd, 2013 at 15:27:

    Is that ‘shining wit’ a spoonerism?

  4. Sue W on February 23rd, 2013 at 19:25:

    Could be. Or an innuendo. I’m not feeling myself today :-)

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