Kucinich: the Federal Reserve is paying banks NOT to make loans to struggling Americans!

Tuesday, 21 July 2009 US Congressman Dennis Kucinich (D-Ohio, 10th District) questions Neil M. Barofsky, the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), testifying before the House Committee on Oversight and Government Reform, about interest payments made to banks that keep their TARP funds and other government (taxpayer) bailout money with the Federal Reserve, instead of making loans to struggling Americans (the original intent of the TARP, remember?) The Fed ...

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YouTube | July 23, 2009

Tags:. .tarp. .congressman. .testifying. .taxpayer. .bailout