Thursday, April 15, 2010

My Budget 360: The Great American Bailout Heist

http://www.mybudget360.com/banking-profits-record-foreclosure-filings-peak-american-economy-funding-wall-street-gambling/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+mybudget360%2FQePx+%28My+Budget+360%29
"We’ve had an 80 percent stock market rally in one year and today, we are at the peak of foreclosure filings. That is, Americans getting kicked out of their homes because they are unable to pay their mortgages. So much for banks using that money to help people stay in their homes and keeping the credit markets open as they preached. JP Morgan announced stunning profits for the first quarter. How did they make their money?..."

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