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So what you're saying is people would be robbing the banks, rather than the other way around ! That would be SO unfair ! Say, what happened in 2008, when lende

So what you're saying is people would be robbing the banks, rather than the other way around ! That would be SO unfair ! Say, what happened in 2008, when lenders couldn't pay their bills ? These arguments would make sense if they were applied consistently. But in practice, socialism for the rich, debtor prisons for the poor.

skookumchuck 8y ago
I didn't agree with the bailout.
eftychis 8y ago
The bailout should not have happened perhaps. Banks have trapped us into the too big to fail, we are above the law. Think it like this: You have a sibling that is a bad gambler. They play roulette and lose big as expected and drive the whole families finances to the bottom. They then go to your parents complain that roulette is bad and ask your parents to bail them out. Your parents instead of punishing your sibling and make them repay the debt, say that it is fine please don't do it again and we don't want you to declare bankruptcy, but we will have your brother/sister (that is you) pay the bills.