Jefferson1977
Well-Known Member
You're totally correct. The banks never should have been subsidized they should have been allowed to fail.Subsidising billionaires with my hard earned cash is why the average taxpayers taxes went up 17%.
You're totally correct. The banks never should have been subsidized they should have been allowed to fail.Subsidising billionaires with my hard earned cash is why the average taxpayers taxes went up 17%.
Bush did thatYou're totally correct. The banks never should have been subsidized they should have been allowed to fail.
bailing out the banks was not socialism. all wealth is created by workers. one goal of socialism is to insure that workers are allowed to keep a fair share of the wealth they produce.when wealth becomes too centralized it always lead to rebellion.under the socialist policies of Roosevelt this country saw a decline in the share of wealth that went to the rich but it also saw the greatest expansion of the middle class in history. Regan reversed that trend. if you believe that we exists as a society to serve the billionaires than you should oppose socialism but if you believe that we are sovereign individuals with god given rights who come together for the good of all members than socialism is the best answer.in medicine we pay more than any other country for health care but rank 17th in outcomesSocialism is always accomplished with other people's money or resources. When it comes to their own money and their own resources people are often no longer okay with it and justify their hypocrisy by rationalizing that the other groups or actors are somehow especially deserving of having their wealth extracted. Socialism for thee but not for me as the saying goes. The financial losses of the banks in the 2008 downturn should never have been socialized those institutions should have been allowed to fail. That would have been free market economics. Instead they privatize the gains and socialize the losses which is not capitalism or free market economics.
Well, it sure wasn't capitalism or free market economics either.bailing out the banks was not socialism.
what about borrowing billions from china to pay farmers billions to not sell to china so that we can pay billions more for the products we get from china?Well, it sure wasn't capitalism or free market economics either.