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Why Bank Bailouts Cannot Work

Detective Krum

Detective Krum

Many readers asked why the bank bailouts do not work, simple, they can’t. The bank bailouts or TARP was put into motion, as Congress said, to stimulate lending by banks to customers.  When President Bush started the bank bailouts and President Obama continued and expanded them to include auto companies, AIG, and now trying to take over health care shows elected officials out of control while we have taxation without representation.  When Congress is cowardly to stand up for freedom and our Constitution we see the need for Americans to downsize a bloated centralized power structure that does as they please.

The reason the bank bailouts cannot work is simple. Let’s suppose you are a bank and a customer comes to you for a loan, you have risk in lending to the person or company. As a bank, you notice the federal reserve is keeping interest rates near zero. Would you rather lend with risk to a customer or business or borrow money from the federal reserve (central bank) at zero percent interest and invest your loan hedging the stock market where you can make millions for yourself and others?  Banks have chosen the latter – don’t loan too much but use the TARP money to drive up the stock market as you (bank)  make a fortune. How do the banks look at customers then? As you can see, they cut credit limits on credit cards and up their interest into the 20% interest plus range.  Is that fair and the right thing to do?

Banks will say they have paid the TARP funds back – where’s my dividend check? Where did the banks get the money to pay the TARP funds back? From new lending? Or investing taxpayer dollars into the stock market creating another bubble. If you think this sounds off – then you will enjoy the new book The Dollar Meltdown. Charles explains in plain English what is going on and in an interview, Charles thinks it is too late to stop the downward spiral but shows you how to prepare to protect your assets and family.

Four things you’ll learn from The Dollar Meltdown:


You’ll get the whole story on America’s debt, both visible and hidden. You’ll learn how bailout bills and stimulus spending have dug us in an even deeper hole and what it means for the future.


You’ll learn to see old familiar patterns in some of the newest economic developments. This will help you judge the future by the past. The Dollar Meltdown lays out the real fundamentals about money and shows you exactly how the monetary system in the United States today has been corrupted so that you can avoid being victimized by it.


You’ll discover how the dollar meltdown happens, the most likely scenarios, and the role of foreign creditors like China. You’ll be prepared as the authorities react to economic problems of their own making, lurching from one “solution” to the next, deepening the crisis with their every move.  The dollar meltdown will change America and you’ll want to be ready for it when it comes.


There is opportunity in every crisis and there are ways protect yourself and your family and to profit in the turbulent times ahead.

You see why the old rules don’t work anymore and you’ll get easy-to-understand investment advice for the new rules, specific investment recommendations that you can put to use right away to protect yourself and your family from the dollar meltdown.

Don’t wait until it’s too late! Order your copy of THE DOLLAR MELTDOWN HERE – Do it TODAY!

About Charles Goyette

Charles Goyette has long been known in Phoenix as “America’s Most Independent Talk Show Host!” With years of hands-on experience as an investment professional, he brings a welcome dimension of foresight and clarity to his political and economic commentary.  Goyette has been called on often to share his views with television audiences nationally on CNN, Fox News, MSNBC, and PBS, including on “The O’Reilly Factor,” the popular PBS program “NOW with Bill Moyers,” and as a frequent guest on “Lou Dobbs Tonight” on CNN, repeatedly warning before the current economic turmoil of the “economic calamity the Republicans and Democrats” were creating.





November 10, 2009 - Posted by | 1 | , , , ,

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