MANY people became rightfully upset about bailouts given to big banks during the mortgage crisis. But it turns out that they are still going on, if more quietly, through the back door.
Originally posted by Cuervo
reply to post by dreamingawake
It's never going to stop until Americans stop buying the polarity garbage.
We need an "Occupy Wall Street With A Tea Party" group. OWSWATP.
Originally posted by BlindBastards
They’re private businesses. They should be allowed to crumble and fall like most other business when they go south. They don’t bail out people when they lose their job or something and can’t meet repayments. They kick them out of their house and sell it for far far less than it’s worth so as to cover their own losses and leave the person/family broke and homeless. Pack of protected crooks.
Originally posted by MidnightTide
reply to post by Philippines
How about putting the regulations back in place that prevented all this mess from happening (don't need NEW regs, old ones worked fine), and no - do not nationalize the banks. I have had enough of the government making the decisions on who wins and who loses.
How about letting the too big to fail actually fail.
Clause 5: To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;