Seeds for a communist revolution full tilt.
The Tparty has been saying it for ever, that TARP et al. were going to reward bad behavior and, chiefly, the one of the very government legislation that threatened banks which did not want to take risks with people obviously incapable or lying on their loan applications.
Prior to TARP, the top five banks in this country held roughly 38-40% of all retail banking deposits. (That is checking, savings, CD's, etc..) As of last month, the top five banks in this country now hold 52% of all retail banking deposits.
See the problem?
Consumers ran in droves to the "too big to fail" banks after the Lehmah Brothers collapse thinking the Government would always "bail them out" thereby protecting their savings.
The problem with that thinking is those same customers deposit money AND TAX DOLLARS arebeing used to prop up bad assets at these banks, further propagating the problem.
This situation will only correct itself once banking consumers move their accounts to smaller, community based banks in droves, to even start chipping away at "too big to fail."
Those who say the Banks control this country do in fact have alot of merit in their argument, despite the often times stupid rhetoric.