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What about the home owners? No one bailed them out. Its always privatize the profits and socialize the losses.
by DonnyV 8y ago
What about the home owners? No one bailed them out. Its always privatize the profits and socialize the losses.
- zackmorris 8y agoThis is by design: https://nowthisnews.com/videos/politics/jennifer-lawrence-is-unbreaking-americas-political-system-failure https://nowthisnews.com/videos/politics/jennifer-lawrence-is... https://represent.us/ https://represent.us/ Federal elected officials spend 70% of their time now fundraising, so they only listen to their donors. And their donors are billionaires and large institutions. So there is no statistical correlation now between an issue's popularity and whether it gets passed into law (voters have been disenfranchised). Meaning the next bailout will happen exactly the same as the last one, unless left-right coalitions and other organizations work to end corruption at the local grassroots level and work their way up to state and federal.
- AlexTWithBeard 8y agoThere were (and still are) homeowners assist programs: https://en.m.wikipedia.org/wiki/Making_Home_Affordable https://en.m.wikipedia.org/wiki/Making_Home_Affordable Or by "bailout" you mean something different?
- rayiner 8y agoWould the homeowners have paid back the bailout money with interest?