Surprise! The Government Lied to Us.

According to an independent watchdog group, Bernake and Paulson “misled” the public about the financial weakness of Bank of America and other early recipients of the governments $700 billion bailout.

Bernake and Paulson

Of course none of this takes into an account the billions of dollars secretly loaned out by the Fed. But it is good to know that some things about governments NEVER change.

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