Too Big to Fail
The banks failed. They were not too big to fail. They failed. They failed from overcompensation and the government bailed them out with public money. They will fail again. Their failure is in reality their very profitable success. Bailouts are a transfer of wealth, from the taxpayer to special interests. The special interests who cause them. Bailouts are the legalized theft from our quality of life. The debt the bailouts create will ensure that transfer of wealth will continue, in perpetuity.
- No replies found for this topic.