Re:Why Aren’t Any Bankers in Prison for Causing the Financia...
by manigandham on Saturday December 16, 2017 @07:32PM
(#15943162)
> For $3 trillion less than bailout, we could have paid off every U.S. mortgage
No thanks, I prefer people pay their own debts. The bailout was a loan and the banks paid it back with interest, which means the government actually made money while stemming further chaos. Regardless of whether that was the right solution, mass forgiveness of housing debt certainly isn't.
No thanks, I prefer people pay their own debts. The bailout was a loan and the banks paid it back with interest, which means the government actually made money while stemming further chaos. Regardless of whether that was the right solution, mass forgiveness of housing debt certainly isn't.