SHOULD THE U.S. TREASURY PROVIDE BAIL-OUT MONEY OR BAIL MONEY?

 SHOULD THE U.S. TREASURY PROVIDE BAIL-OUT MONEY OR BAIL MONEY?

New Yorkers were shocked at the headlines of a New York attorney charged with a 380 million dollar swindle. (1) That swindle is one of a long list of financial swindles plaguing the financial market. Now, the U.S. Taxpayers have been and will continue to be swindled by the funding of massive financial failures of some of the nations financial institutions: 

• Billions are loaned to “healthy” bank so they can buy-out, for cheap, “unhealthy” banks, thus consolidating more power among the rich right.

• Money is flowing out of the Federal purse without having conducted deep due diligence to prevent the use of the plunder to cover-up Ponzzi schemes.

• Have the Federal Treasury obtained legal collateral based on independent property appraisals by qualified appraisers? Who has independent supervisory authority over the actions of Treasury?

• Have the FBI, SEC, OMB, GAO, FTC, Congressional panels, NYSE, Attorneys General, Inspectors General, or any other investigative agency conducted audits of the financial institutions before the funding takes place, to uncover swindles in the making or an attempt to cover-up prior Ponzzi schemes?

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