Yup, We Were Hustled by the Banks…

Not too long ago the banks were bailed out with taxpayer money which prevented the major banks from going under. I believe at the time taxpayers were understanding of the situation, seeing how if the banks went under most taxpayers would lose a substantial amount of investment and money. Although, when the banks became financially stable again, instead of reimbursing the community, like they should have, they decided to give large bonuses to the hierarchy of the corporations. The banks owe much to the community, not only from the bailout but also from their housing tactics. Thousands of homes in America are going under foreclosure because banks convince homeowners to by the house of their dreams while knowing the homeowners can’t afford it, resulting in foreclosure. In my opinion, major bank corporations need more government supervision. If this fails to happen, the thieving, money controlled higher-ups in these corporations will continue to manipulate taxpayer’s money, TARP money, and citizens on a one-on-one basis.