Congress Gives IMF Your Tax Dollars to Bailout Greece | The Fed Up ...

Government deposit insurance was only one of many policies adopted during the 20th century designed to suppress economic and business failures. On the theory that certain banks were “too big to fail,” the United States government transferred $2.5 ... As if to confirm the validity of the theory of “moral hazard,” the Mexican bailout of 1994 ($40 billion) was followed closely by the IMF “rescue” of the collapsing currencies of East Asiaâ€"South Korea, Thailand, Malaysia , ...