Andylusion
Platinum Member
The Fed essentially gave money to the rich. Read the links I gave you. Did the Fed give you millions of dollars?Name one person in the 1%, that is getting 'free money'?The 1% get free money. Why not the poor too?
You’re joking right? Tell me you are pulling my leg. Please. Because you can’t be this uninformed.
Just all about the top management of the big banks.
Hunter Biden got lots of free money. Hillary did too. I would most of the politicians get lots of free money.
Get informed. Please.
The Real Housewives of Wall Street: Look Who's Cashing In On the Bailout
“Welfare for the Rich” – Matt Taibbi Exposes Disgusting Practices at
Have You Heard About The 16 Trillion Dollar Bailout The Federal Reserve Handed To The Too Big To Fail Banks? - Global Research
Most of the politicians that milk money from the 1%, are not in the 1%. Hunter Biden is not in the 1%.
Moreover, when you see something stupid, the solution to stupid, isn't to promote more stupid.
I was against the bailouts as unneeded and unwanted, and a waste of money that rewarded bad choices.
How do you get from that, to well obviously we need to give out money to more people, and bankrupt the country?
Now my understanding of TARP, was that TARP purchased bad assets, at the purchase price. So if you owned some of these toxic assets from the Sub-prime bubble, then the government paid you for them.
So it wasn't like they were just sitting around collecting cash for nothing. They had purchased toxic assets, and the government was paying for those bad assets.
AGAIN.....
I was against the bailouts as unneeded and unwanted, and a waste of money that rewarded bad choices.
But that is not the same as sitting on your ass, and saying "I sucked air, therefore give me money".
I don't see the 1%, just sitting around on a beach, being showered with tax money.
That does not mean I am in favor of bailouts.
I was against the bailouts as unneeded and unwanted, and a waste of money that rewarded bad choices.
However the solution isn't more stupid. the solution isn't handing out even more tax money. The solution is to hand out LESS tax money.
Agreed. Yes most politicians and their kids aren’t of the 1%. They get paid by the 1%. Then they do the bidding of the 1%. This allows the 1% to keep making more money.
Again.... when you see something stupid, you move to stop the stupid, not increase it more.
I did read the links. It doesn't change anything I said.
When you see the Fed giving out money, the solution isn't to give out more money. The solution is to stop giving out money.
By the way.... yes the Fed gives out tons to people all over the country.
This is one of the goofy aspects of your argument. "The government gave money to the 1%. Did the government give money to you?"
Well if you are looking at the other 99% as a group... yes. In fact 58% of the Federal budget is all entitlement spending. So yes. They have given out $2 Trillion dollars plus in giveaways, every single year, for decades.
Quite frankly, comparing one year of TARP, to decades of all the entitlements... I would gladly trade saving Trillions in taxes, for TARP.