U.S. Senator Inhofe: Banks Never Paid Back Bailouts

Luke Rudkowski interviews U.S. Senator James Inhofe about his opposition to the 700 billion dollar bank bailout in 2008 and martial law threats he received from Henry Paulson. Even though the public has been led to believe that the banks paid back this money, according to Senator Inhofe this is false and the full amount was never paid back.

Via WeAreChange

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  • Andrew

    I believed the banks didn’t pay the money back, but if Inhofe says they didn’t, then they must’ve.

  • Guest

    What kind of a press room is that where they don’t dampened the acoustics.

  • dani pettas

    Really liked the last question.

  • rtb61

    Well let’s see. The government didn’t have the money to prop up those banks, so it had to borrow it from them to lend it to them and pay interest to prop them up interest free to keep them from going bankrupt because they lost it all paying fraudulent senior executive bonuses on income that didn’t really exist.
    Seems to me something pretty odd is happening with those interest payments and how the government has to pay interest when borrowing money from the banks and the banks don’t have to pay interest when borrowing from the government and the bank senior executives count that as profits and demand bonuses from it.

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