Political Revolution

Bank Welfare | The Jimmy Dore Show

Jimmy Dore has been reading up on the tax-payer-provided American banking welfare system. He talks about it in these two videos.

Bank Welfare | The Jimmy Dore Show was first shared on Aware & Fair

Jimmy Dore has been reading up on bank welfare that is provided by American tax payers.

We’re Paying Banks Billions to Put Us In Danger | Youtube

A Bloomberg editorial pointed out that banks receive 83 billion dollars in subsidies a year and examined how this incentivizes the banks to continue risky behavior and business practices. ~ The Jimmy Dore Show

SOURCE: Why Should Taxpayers Give Big Banks $83 Billion a Year?

There’s more…

Wall Street Claims Free Taxpayer Money a Constitutional Right | Youtube

A subsidy designed to encourage bank participation in the Fed system decades ago that amounts to huge piles of free money with no conditions was going to be reduced. Bankers freaked out, claiming the annual free money was property and that taking it was a violation of their Constitutional rights. ~ The Jimmy Dore Show

SOURCE: Big Banks Just Claimed A Constitutional Right To A Taxpayer Subsidy

Appreciation must go to Jimmy Dore, and other comedian news commentators. For instance, I recently saw the Huffington Post headline about banks claiming a constitutional right, but didn’t have the stomach to read the article. Thanks to Jimmy, I got over the hurdle.

The People need to know the dismal truth, so we can to hold our elected officials accountable.

 

Bank Welfare | The Jimmy Dore Show was first shared on Aware & Fair

About the author

JoAnn Chateau

JoAnn Chateau likes progressive politics and loves the canines. She sometimes writes fiction about Chester (the Alpha Bichon) and his friends -- with a dash of humor and dab of Poli-Sci. JoAnn's views and insights are tinted by her past profession in Counseling, Christian theological studies, and Library and Information Science training. Retired now, JoAnn enjoys the creative life.

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