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Bluenorthwest

(45,319 posts)

17. Are you sincerly asking that question? Where was the bailout for the people? Regular people got no

Reply to Recursion (Original post)

Tue Dec 16, 2014, 08:52 AM

Dec 2014

bailout, not even the loan of a bucket. The banks, who were bailed out, jacked everyone else up for their carelessness. The government protected the criminals and fuck ups, made sure they went unscathed while as usual punishing the people who were wronged. This is the same pattern you see on virtually every level of society, from the torture program to the streets of Ferguson. As above, so below.

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You know, I liked the Wall Street bailout [View all] Recursion Dec 2014 OP

Because the unregulated derivatives market mmonk Dec 2014 #1

Because it was taxpayer money used to make bad business decisions profitable. Nuclear Unicorn Dec 2014 #2

It didn't cost the government a dime Recursion Dec 2014 #3

I lost most of my family's net worth because of it. mmonk Dec 2014 #5

You lost money in the bailout? (nt) Recursion Dec 2014 #7

No, the credit default swaps and their mmonk Dec 2014 #13

I am very curious how that happened. A HERETIC I AM Dec 2014 #9

Because of the bailout? How? leftofcool Dec 2014 #12

Sorry to hear that. think Dec 2014 #20

The bank screwing up makes it lose value. That's what makes it a crash. The assets aren't there. Nuclear Unicorn Dec 2014 #6

Isn't that socialism? treestar Dec 2014 #16

I wouldn't call it a tenet of socialism but the mechanisms of socialism coupled with human nature Nuclear Unicorn Dec 2014 #21

It sucked.. I know the President didn't like parts of it.. but, some didn't suck as much.. like.. Cha Dec 2014 #4

Imagine opposing something simply because of the person who thought of it treestar Dec 2014 #15

And yet the poster you are responding to does exactly that in the post you are responding to... Bluenorthwest Dec 2014 #19

Still working on K Street,eh? Lars39 Dec 2014 #8

Maybe because they crashed the economy to begin with and they gambled our lives. RiverLover Dec 2014 #10

Because the criminals who caused it kept the loot. Octafish Dec 2014 #11

Because the banksters, corporatists, etc. treestar Dec 2014 #14

Are you sincerly asking that question? Where was the bailout for the people? Regular people got no Bluenorthwest Dec 2014 #17

The actual cost of the bailouts may never be calculated. meaculpa2011 Dec 2014 #18