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See.. we setup this bailout package to ease lending to fix the economy. Lower the FED rate to help inject capitol to ease lending. What does the bailout banks do? Lets look at Citibank (45 Billion bailout plus insurance for securities)
Raised interest rates to its consumers. (Exact opposite of easing lending)
Spent $400 million for the naming rights of a baseball stadium.
Leased oil tankers so they can physically hoard crude oil to inflate prices.
Atleast we know who runs this country..
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