3.3 Trillion Dollars for Bailouts to banks in foreign countries
Congress questioned the Federal Reserve Chief Ben Bernanke regarding the 3.3 Trillion dollars that was suppose to go to American banks and such. When asked by by Congressman Alan Grayson regarding the whereabouts of the money, The Fed Chair stated that the money went to banks in Europe and other countries. When the congressman asked a follow up question about where the rest of the money went, the Fed Chairman said "I don't know". Personally, I find this appalling on many levels. She this video
Could you imagine what we could do in the US with this money? We could pay debt? Or just not borrow to begin with. We could purchase every single foreclosed home in the United States and still have 2 Trillion left over. As Americans, we should be outraged by this news. I know the tendency is to throw your hands up in the air and feel like you are completely helpless, but you are most definitely not helpless. You are a unique individual with a mind that has the ability to reason and process these types of details. This is your money and the money of future generations and we should be good stewards of what we have been given. You have a voice and you have a vote, make sure that your Representatives are reminded of that.
Steven Wright (Denver Short Sale Process Specialist)
Realtor
Aspen Real Estate- Denver, CO
720-989-5283
stevensellsco@gmail.com
www.stevensellsco.com
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