Ten years removed from the 2008 crisis, we still have no idea what caused it, but if whatever caused the crisis hasn’t been fixed? John Titus explains…
Now 10 years removed from the global financial crisis of 2008, we still have no idea what caused the damn thing. Thus we are primed for a galactic 2X4 to the back of our ignorant heads.
In episode 3 of Mafiacracy Now, we lay out the 3 biggest lies sold to the public in oder to get the $700 billion Troubled Asset Relief Program (TARP) passed on October 3, 2008.
The lies beg one very huge and unanswered question that remains very much pertinent to this day: why did Ben Bernanke and Hank Paulson lie about the banks’ need for a bailout?
Because if whatever caused the crisis hasn’t been fixed yet, we are likely all in for a world of hurt–perhaps sooner than later.