Ron Paul Reacts to the Release of Federal Reserve TARP Documents



We were told it was $800 billion in bank bailouts, but newly released documents show $3.3 trillion in loans were made for TARP. Get this. We were told the American economy was on the brink of collapse if these bailouts weren't approved. It was a European bank, Dexia, who received the largest chuck of TARP money--over $31 billion. German bank Depfa wasn't far behind receiving over $25 billion. Surprised?

It's no wonder the Federal Reserve didn't want the American people discovering who got these loans. Listen to what Ron Paul has to say.