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At some point these banks need to be held accountable for being a moral hazard. Main Street already bailed them out once for their risky behavior. We do not wan
by xyst 4y ago
At some point these banks need to be held accountable for being a moral hazard. Main Street already bailed them out once for their risky behavior. We do not want to do this again.
If the economy "collapses" then so be it. This is the will of the "free market" that has been touted so much by bank lobbyists and other "libertarians".
- 44648756558 4y agoJust pointing out that the top 10% or so of earners pay around 75% of the income tax. So suggesting Main Street as the one who did the significant lifting in the bank bailouts is a bit weird unless you consider millionaires and billionaires part of Main Street.
- f-securus 4y agoWhen main street pays for it by losing their job, homes, and ruining their credit... then yeah, I would say main street paid for it.