Ron Paul: Fed bailed foreign banks

5% according to your silly little video. And by "went to" did Ron Paul mean "the government directly paid foreign banks" or did he mean "the American banks receiving the funds use it to repay their outstanding debts, some of it held by foreign banks"?
 
Ron Paul is conspiracy theorist and an idiot. Why should we care at all what he has to say about anything of significance?

oh, and btw, how much do you want to bet that when the EU bails out European banks, some of that money ends up in the hands of Americans?

oh, and are you aware that the American people have actually earned a PROFIT on many of our bail-outs? that's right, we made money.
 
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I haven't seen the video -- Ron Paul *is* a certifiable idiot -- but I do know that AIG got massive bailout funds, and used these funds to pay off the bad bets they'd made in the sub-prime market (having sold a lot of bets against their failure) -- and a percentage (might be 5% not sure) of those insurance payouts went to Deutchebank and other foreign holders of US sub-prime toxic assets.

The "crime" if there was one if that AIG paid the full amount due to all of the holders of this toxic debt.
 
RidleyReport said:
Much of "U.S. bailout" apparently didn't even go to U.S. Paul lays it out in his Texas Straight Talk broadcast for January 3, 2011. Illustrated by RidleyReport.com & friends.
Click to expand...

your sourcing a blog that YOU own........for evidence?

that's rich. :p
 
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