Sadly that approach, which I would like to have seen some of, would not have recapitalized the banks
Sadly that approach, which I would like to have seen some of, would not have recapitalized the…
John Whitling
11

Yes. That I am trying to understand. If $3 trillion new money is created and forced into the economy a lot of that would end up back with the banks.

They would have plenty of money.

What sticks in my craw is I go bankrupt and they get bailed.

They should have all gone bankrupt including AIG as a lesson in greed and failed capitalism.

Then the Federal Government could step in and take everything over and ensure the little guy is made whole.

After this nationalization the government could reprivatize the financial institutions with new rules.

You play by the fire you die by the fire!

Ugh!

But we are peons, to be peed on!

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