The Wake Up Call - Needless Panic Five Years Ago: Great Depression II Today - 09/13/13

Summary: We explore what would have happened if the TARP bailout had never taken place. They told us it was Armageddon or TARP. Many banks would have gone under without TARP but businesses and the consumer wouldn’t have been much affected. They lied to panic Congress into approving the TARP. We never hear about this because to admit that they knew this, the Fed would have to admit that they were just protecting the banks. But it is the truth. We’d almost certainly be enjoying a robust recovery by now. The difference between removing a Stage 1 cancer and letting it metastasize to Stage 4. The national spending deficit soared in August. Nigel Farage – at it again! Global Warming returning to Global Cooling! An important aspect of debt that you need to know. The joys of Thailand’s medical system. A quick word on inflation. The new World Happiness Report