To all of you that voted for this POS and bought his BS that the taxpayers would be paid back...
U.S. taxpayers are still owed nearly $133 billion that companies haven’t repaid from the financial bailout, according to a quarterly Special Inspector General Troubled Asset Relief Program (SIGTARP) report. The report also states that as of December 31, 2011, the Treasury has “written off $4.2 billion and realized losses of $7.8 billion that the taxpayer will never get back,“ and that it ”predicts losses on other TARP investments.”
But perhaps this shouldn’t come as a surprise. After all, some programs were designed as a “Government subsidy with no return to taxpayers,” according to the report.
Of the $700 billi
Tags: Report, TARP, Fraud, Feds, Admit, Taxpayers, Will, Never, Get, Back, Billions
Location: New York, New York, United States (load item map)
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