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>If that's true, then why is the current government working hard to remove any protection (however meager it is/was) to prevent the same mistakes from happening
by prolikewh0a 8y ago
>If that's true, then why is the current government working hard to remove any protection (however meager it is/was) to prevent the same mistakes from happening all over again?
I find your average worker doesn't really pay attention to the day-to-day news/politics (especially regulations & individual votes, media doesn't cover this either and nobody watches CSPAN) but by now knows that in 2008 the bankers & wall street — the people who put us in such predicament in the first place — got an enormous bail out that went to already super rich executive & CEO bonuses, but the working class lost their homes & jobs and received absolutely nothing.
I don't think think it will go that way the next time it happens.
- HashThis 8y agoThe average citizen not paying attention will stop when the next financial crisis hits.
- village-idiot 8y agoHistory repeats itself. The peasants, sorry workers, are peaceful and complacent right up until they really aren’t.
- craftyguy 8y agoOnly briefly, and then promptly forget when things start looking good again. "It couldn't possibly happen again, we're better/bigger/smarter than last time. So we have nothing to worry about, no reason to put in safety guards/regulations!" - Humans throughout history.