I don't see it but boy, I hope you're right.
Why? Do you want communist lying low life scum liberals running the country?
They're doing better than the communist lying low life scum conservatives did or did you miss the $800B bail out Bush authorized as he was packing his bags? Someday let me tell you about their lies to the Pat Tillman family about how he died in combat. When I get through with that...perhaps we can talk about Scooter Libby who was judged guilty by a judge appointed by the same man who pardoned him...then maybe we can talk about WMDs,
Good lord please tell me you don't vote. First of all the TARP bailout was passed by the Democratic party controlled congress. HELLO earth to liberals 241 Democrats voted for the TARP bailout, guess how many Republicans voted for it...19 you Democrats freaking OWN the TARP bailout so stop your damn lying.
So in your cartoonish view of history....one day the Democrats all got together and said..."Lets bail out the banks." Nobody from the Treasury department or the SEC was around....it was all the Democrats?
At the risk of boring the 99.9% of the GOP that knows what happened I will now teach you. The Bush Administration with their "hands off" approach to the markets allowed the banks to do whatever they wanted for 8 years. Banks would loan money to anyone who wanted it and then sell the loan to someone else thus making money on both ends of the transaction...on the start up fees for the loan and in the sale. They didn't care because they had no risk. And then, one day, the buyers were not making money off of people who didn't make the payments on the loan, stopped buying, and then the banks were left holding the bag.
In steps the Treasury department. They tell the Congress that the economy is, suddenly on the brink of collapse.
Those are the facts and they are not in dispute.
Also, Bank of America, JP Morgan Chase, Morgan Stanley, Wells Fargo and Goldman Sachs repaid ALL their TARP bailout money so what do you have to ***** about?
Did they re-hire all of the people they layed off while, in some cases, giving their upper management bonuses?
Bank of America Layoffs
JPMorgan to cut 8 000 jobs
Morgan Stanley cuts 1 600 jobs as business languishes Reuters
Wells Fargo lays off 2 300 employees - Aug. 22 2013
Goldman Sachs To Cut 10 Percent Of Work Force
You were told to hate banks and you obeyed like mindless drones.
I have accounts at 3 banks. Strange for someone who "hates" them....dontchathink?
If you want to ***** about something why not General Motors, we will never get back all the TARP money idiot Obama gave them including the billions he gave General Motors to bail out their pension fund. Where's my free pension paid for by the taxpayers?
And there is the critical difference between conservatives and liberals.
On one hand, banks that reward their upper management for the absolute criminal mis-management with bonuses and you're asking what is wrong with that.
On the other hand, money from the same fund is used to prop up pensions for workers, and you're aghast at such a thing!!!
Pensions are something you work for by punching a clock every day...bonuses are (supposedly) given for good performance. Since you obviously have no clue about labor and working...you should be wondering where your bonus is.
You libs are giving me a brain tumor.
You'd have to have a brain first.
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That being said, one of the most disappointing things about the Obama administration is how the banks that were too big to fail are still too big to fail. That his commerce department hasn't fixed this glaring issue is probably the most enduring shortcoming of his 8 years he'll have spent in office.
The problem is obvious
The cure is obvious.
The man either can't or won't make himself take on the issue of fixing the problem. I guarantee you that the next time they get into hot water, we'll have another round of bail-outs. They're too integral to the economy to have them fail.
