Re: The Great Bailout Backlash

"Lance McLain" <lance-X3DuywwxauBWk0Htik3J/[email protected]>
Newsgroups gmane.music.dadl.ot
Message-ID <[email protected]>
>> The banks take incredible risks in boom times, they profit. The banks
>> take
>> incredible risks in busts, the market tanks, they get bailed out and
>> then
>> they get to profit from the market's recovery. Win-win situation for
>> them,
>> but not for us.
>
> privatize the gains, socialize the losses.
>
> Pure unadulterated theft.

And you know what is even more frustrating is that not a single
politician, NOT ONE, not even Rand Paul or some crazy buffoon running in
podunk county USA, is calling for the banks to be broken up.  Too big to
fail supposedly was the reason for this, yet now they are even bigger than
before!  And not a single person is calling to this to be changed or even
regulated.  The government has been completely and utterly captured.  The
republic is gone.  Noone represents the people anymore.

regards,
-Lance


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