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Cali_Democrat

(30,439 posts)

5. What about when banks fuck up so bad that they need tax payer money to be bailed?

Reply to kpete (Original post)

Tue May 15, 2012, 04:29 PM

May 2012

What about that? Huh? Is that also a free market? Privatize the gains and make the losses fall onto the shoulders of taxpayers. Romney and his bankster buddies love that.

Up yours, R-Money.

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Highlight:

Romney re JP Morgan Losses: "Unfortunate part of a free market economy." [View all] kpete May 2012 OP

Just like the private equity market? kentuck May 2012 #1

"The losses . . . involved investors, not taxpayers" gratuitous May 2012 #2

And take the money from pension funds and 401K's and say they lost it on credit derivatives? kentuck May 2012 #3

Yep. The "free" market as it turns out, is a fairy tale PA Democrat May 2012 #4

What about when banks fuck up so bad that they need tax payer money to be bailed? Cali_Democrat May 2012 #5

It's like going to Vegas with someone elses money 4th law of robotics May 2012 #7

I'm fine with businesses losing billions on bad bets 4th law of robotics May 2012 #6

bullshit. gambling. spanone May 2012 #8

Jamie Dimon is a Fed Governor cr8tvlde May 2012 #9