>I don't doubt what you say, yet we keep throwing money at banks and it never solves the crisis.
Why would it 'solve' something that is by design?
NO MORE BAILOUTS
I have no problem with helping out small/medium businesses, those that can actually pay back the loans though like wallstreet did also I'm not a libertarian ewwww.
no and yes
>those that can actually pay back the loans though like wallstreet did
Prove they paid it back. LOL.
why doesn't the government buy out the good loans of tax payers and fuck the foreign faggots.
Indeed. Not sure what people are talking about 'solving' banking crisis. 'Debt' crisis. Everything is working out perfectly as planned.
I know. I'm in that category too. But would it really affect our lives? I've paid off my mortgage, I can't be made homeless if I lose my job during this bullshit.
There's got to be a better way to prop up the economy that is haemmoraging jobs and businesses to this crisis than lump sum payments to financial institutions who are pocketing it and then not doing what was intended, is all.
Corona presents us with a unique opportunity to enact Jubilee all together all at once. The feckless would be debt ridden within a year again, the sensible would not. It would save a lot of bother in the meantime.
projects.propublica.org
dipshit, it was paid back with interest but you faggots constantly whine about the bailout not being for nobodies who would blow it on hookers and destroy the economy.
#JubileeNow
Well said user.
Would it effect my life? Yes. If you cannot understand how the economy for working people is competitive and what sort of advantage hard work is supposed to have given over the not-hard-workers, you are lost, and this is why we cannot seem to agree to take down the big fish.
You cowards want it to be easy, but a lot of us don't have our mortgage paid off, we live in places where a house of any worth costs 500,000$ or more, and we get paid 30K on average. (USA average income is 30-35K depending on city. the most expensive cities like LA and NYC average individual income is less than 35K, even with all the rich people there dragging it upward).
You simply are still ignoring reality. The people who have worked and managed to pay will be dramatically harmed by just giving freeloaders a pass. It is time to let banks fail, and freeloaders will not be trusted in the future.