“If you took the $1400000000000 initially spent just to bail out the banks, and you had redistributed that money among all the millions of Americans who were having trouble paying their mortgages and who had just lost their jobs in the year or two, each one would receive a check for $350,000,” according to columnist/cartoonist Ted Rall.
Do the math
- Thread starter Cancel8
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Gawd durn, that pisses me off!
So?
Schadenfreude
patriot and widower
you forget that the banks had/have to pay it back with interest, but still it would be nice
Did you forget where the money came from in the first place?
Schadenfreude
patriot and widower
no, as long as we get it back
Minister of Truth
Practically Perfect
I agree. We should have simply paid off all of the account holders and let the banks fail. It would have been cheaper, and it would have sent a message to the morons.
Schadenfreude
patriot and widower
if the loans had been paid off, the banks would not have failed, but the money would not come back to tax payers equitably
Cancel 2016.2
The Almighty
This is the 4,000,000th time that absurdity (or some form of it) has been posted. Do the math.
That would give that money to 4,000,000 people. Those 4mm would certainly be happy, but that would not have helped the economy in the same manner as the bailout.
What should piss people off is the fact that the TARP money that has been repaid.... has disappeared.
Where the hell did it go?
It didn't pay down the debt.
It didn't get used anywhere that I can see.
where the bleeping hell is it?
Cancel 2016.2
The Almighty
Cancel 2016.2
The Almighty
into the pockets of greedy landlords like you.
Making profits off the misfortunes of others. You should be ashamed of yourself desh. how greedy do you need to be? Why should you make a profit when they are suffering?