"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Why Should Taxpayers Give Big Banks $83 Billion a Year?
Submitted by Persona non grata on Mon, 2013-02-25 00:00
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? (This is the creed of the criminal class they take the money and we take it in the ass.)
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