http://liberty-tree.ca/research/Billions.for.the.Bankers
This isn't about helping people, it's about helping banks and our paper money system stay afloat.
From the article:
“The distributions will be overseen by a yet-to-be-determined third-party firm that will be appointed jointly by the 10 banks – including JPMorgan Chase & Co. and Wells Fargo & Co. – and overseen by regulators. The payment administrator is expected to contact homeowners by the end of March with payment details.”
Bet this “third party” will profit handsomely...this gives me the warm fuzzies...
What could possibly go wrong? /s
This isn't about helping people, it's about helping banks and our paper money system stay afloat.