Too Big to Fail Bank of America Donates Big Bucks to Mitt Romney

It's digusting. Bank of America has taken American taxpayers on a one way ticket to hell. The bailed out bank is the Satan of all banks, and Mitt Romney continues to take campaign donations from Bank of America despite the fact this bank is still taking tax payer money through the federal government.

As last look, Romney has taken $425,100 from Bank of America. Bank of America remains in the top three as contributors to the Romney campaign. How can Romney and his campaign claim they have any decency considering the raping of the taxpayer Bank of America has committed?

The Bank of America record speaks for itself, and one would think someone who touts their devout Mormon faith would do the right thing. Not Mitt Romney! With a record like Bank of America's you would think Romney would consider returning the money, especially when you consider Bank of America continues to fail and receive taxpayer assistance.

• There were the initial bailouts which Bank of America received $45 billion
• There was their involvement with Countrywide Mortgage that approved people who had no business buying homes causing the housing bubble. Bank of America has always been the major player in this game.
• Bank of America got caught rigging global interest rates
• They were fined $137 million for bilking needy schools when they committed government contractual fraud
• They forced exuberant fees out of unemployment checks as the job market crumbled around the housing bubble they helped create
• They engaged in a factory style production of fake legal documents to evict people out of their homes
• In fact, the real bailouts of Bank of America didn't even begin until well after TARP. In the years since the crash, the bank has issued more than $44 billion in FDIC-insured debt through a little-known Federal Reserve plan called the Temporary Liquidity Guarantee Program. The plan essentially allows companies whose credit ratings are fucked to borrow against the government's good name – and if the loans aren't paid back, the government is on the hook for all of it. Bank of America has also stayed afloat by constantly borrowing billions in low-­interest emergency loans from the Fed – part of $7.7 trillion in "secret" loans that were not disclosed by the central bank until last year. When the data was finally released, we found out that, on just one day in 2008, Bank of America owed the Fed a staggering $86 billion. 

Bank of America should have gone out of business in 2008, but instead they are giving Mitt Romney campaign donations despite the fact they still owe taxpayers billions. Romney should do the right thing and return the money, but he won't. Romney supported TARP, which means he obviously turned a blind eye to the mismanagement and questionable and criminal actions of Bank of America. Too big to fail and Romney has been bought by this dangerous philosophy.