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Did you demand money when they bailed out the banks? Or what about when they recently passed massive tax cuts for the rich? Did you demand money then? Do you de
by firstplacelast 7y ago
Did you demand money when they bailed out the banks? Or what about when they recently passed massive tax cuts for the rich? Did you demand money then? Do you demand money every time someone declares bankruptcy due to medical bills (they can't give that medical treatment back!).
So many garbage people that can't see the forest for the trees. Think of how many more customers with disposable income you could have (if you wanted to start a business) if so many people in this country weren't deep in debt.
- basch 7y agothe bailouts were loans that were paid back with interest. the government profited off lending the banks money.
- firstplacelast 7y agoAnd what was the interest rate charged? Bet it was lower than what the government charges kids that are trying to make a better life for themselves and contribute to a productive society. Human garbage.
- basch 7y agoI wont try to interpret this accurately without help BUT it looks like the government profited 100B on 600B in loans? https://projects.propublica.org/bailout/ https://projects.propublica.org/bailout/ 16%? its also important to remember that a bunch of banks were forced to take bailouts against their own wishes, as either a precautionary measure, or possibly as marketing spin to make it look like everyone was in equal trouble. https://projects.propublica.org/bailout/main/list/stress_test https://projects.propublica.org/bailout/main/list/stress_tes... Some banks literally didnt have a choice, the government said "you are taking this money."
- Macross8299 7y agoCalling people "human garbage" and throwing an tantrum does not magically make scarcity disappear.