The Occupy Wall Street Protests that started in September 2011 & and then spread across the nation have highlighted ongoing problems of massive unemployment & income inequality in the U.S. Elected officials, various members of the news media, & even a few of my own friends have mocked this movement. I believe that it is possible to find a different story for every day of the year that answers "Why They Occupy".
Monday, January 23, 2012
Federal Reserve Emergency Loans Totaled $29 Trillion Over 3 Years (for 12/17/11)
At least $29.616 trillion in emergency loans both in the U.S. and Internationally since the 2008 Financial Crisis. Much of this lending was to shadow banks, institutions with high leverage that can put the economy at risk. Through March 2009, banks made $13 billion of income from low- interest loans.
http://www.alternet.org/economy/153462/Bail-out_Bombshell%3A_Fed_%22Emergency%22_Bank_Rescue_Totaled_%2429_Trillion_Over_Three_Years/
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