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A comment on Why Aren’t Any Bankers in Prison for Causing the Financial Crisis? (2016). Parent comment

Re:Why Aren’t Any Bankers in Prison for Causing the Financia... by bradleyjg on Saturday December 16, 2017 @01:11PM (#15940784)
I just don't understand what the point or justification purpose of this massive give away is supposed to be in the first place. Why are people with about twice the median income (=can qualify for a mortgage on $400,000 home) getting a multi-hundred thousand dollar check from uncle sam?

If we are going to do wealth distribution why not start at the bottom and work our way up, instead starting in the middle and working our way up to the upper middle?

[ Parent | on HN ]
Re:Why Aren’t Any Bankers in Prison for Causing the Financia... by marricks on Saturday December 16, 2017 @04:09PM (#15942124)
Why was our solution to bail out the ones that caused the crisis and allow them to just get richer thereafter?

Sure, universal income and taxing the richest more, re-enacting glass-steagall is better I'm just saying in that situation it would have been more moral to just forgive mortgages than what we ended up doing.

[ Parent | on HN ]