Quote:
Originally Posted by Nathan
Letting them all just collapse would have collapsed wallstreet completely, meaning everyone would have lost way more money than they did in the end. It would have been much more expensive. At least thats my opinion.
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So, tax money and socialism for the superrich in order to save 'everyone'. A little risk transfer. Dig in your pockets folks, we have to save "everyone", too big to fail, ya know.
Abandon the risk model of capitalism, take the money from 'everyone' to save the economy by saving the rich who created and owned the risky paper, and save 'everyone'.
So now 'everyone' is stuck with the rich folk's risky bills, but 'everyone' was saved.
Especially the bankers who took the risks on 'everyone's' behalf. They took the money, we took the risk. Now they keep taking the money - and we get endless recession.
I see what you did there.
Hence, #occupy.