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I'm not saying bailout is wrong, but taxpayers should be handsomely rewarded for those bailouts (at least 20% APR) as those bailout companies were making a lot
by ss7pro 6y ago
I'm not saying bailout is wrong, but taxpayers should be handsomely rewarded for those bailouts (at least 20% APR) as those bailout companies were making a lot of money on taxpayers and never shared any profits with them (they even avoid paying taxes though various financial means).
- volak 6y agoAgreed - which is why I strongly support the administration demanding equity in the companies that are receiving money. And I only support money given as loans which must be paid back. Any kind of grant money must be exclusively used for payroll or other qualifying operating expenses. The current stimulus is not perfect but its pretty good and FAR better than 2008