Bank bailout turns a profit - Mar. 30, 2011The Treasury Department announced Wednesday that the money it gave to banks during the financial crisis has been paid back, and then some.
The bank bailout -- part of the Troubled Asset Relief Program -- is now $6 billion in the black, a profit that might ultimately rise to $20 billion, according to the Treasury.
Maybe if they didn't waste money on riot cops and tear gas they wouldn't have budget problems.
"I do not claim that every incident in the history of empire can be explained in directly economic terms. Economic interests are filtered through a political process, policies are implemented by a complex state apparatus, and the whole system generates its own momentum."