The $700 Billion Handshake

← E2: The Equity-Holder State · Watch the whole series · E4: The Congressional Junket: Ferrari, Champagne and the Taxpayer Tab →

Also on YouTube. Subscribe on YouTube — it is free and it is how the channel gets paid.

TARP was sold as a rescue for toxic assets, but the Treasury's own receipts show a fast pivot to bank capital injections—and a bill no voter ever saw.

No sponsor, no network, one person and the receipts. Keep it going: dandydon.media/support Like, comment, share: that is what gets this in front of people who have not seen it.

Chapters: 0:00 Cold open 1:23 Part One: The Three-Page Ask 2:37 Part One: The Vote 3:36 Part One: The Fine Print 4:47 Part Two: The Pivot 5:51 Part Two: The Revolving Door 6:44 Part Two: The Blank Check 7:59 Part Two: The Oversight Gap 8:49 Part Three: The Receipts 9:55 Part Three: The Unpaid Tab 11:17 Part Three: The Fine Print on the Fine Print

Short cuts

part · 143s

In 1933, after the banks collapsed, America answered by insuring everyday savers first.

part · 148s

The law that was sold as a rescue for toxic mortgages gave one man the power to buy almost anything.

part · 150s

The original plan was to buy troubled assets from insolvent banks, then sell them at auction.

part · 145s

Eleven days later, on December 31, the Treasury issued a report on the Asset Guarantee Program.

aspire · 33s

In 1933, after the banks collapsed, America answered by insuring everyday savers first.

part · 156s

The unpaid tab was a structural feature of the program, not a bug.

Made by one person. The research, the writing, the voice and the cut, on one computer, so Democrats in Texas and across the country go into November with receipts. More support means more races, more states and better video. Help it grow →