You may have misunderstood me? If the American taxpayer is putting money into these corporations, what do the taxpayers/American people get in return? Do they now own some portion of these entities?
The government DID take a stake in the banks and insurance companies that were bailed out in the last crisis. It’s now being discussed as part of the bailout of Boeing, the airlines, and God knows what else today.
As long as it isn’t “free” and “we” are supposed to get our money back, with interest, then I tend to believe it’s in all of our best interests?
There’s just a certain strata of people who believe that any financial problems will lead to Weimar Republic style hyperinflation.
I remember their mascot, whatshisname? Schweitzer? Predicting hyperinflation in late 2008 even as the dollar was in a deflationary spiral.
It’s either this or a collapse on par with the Great Dperession or the Panic of 1873.
When England forces us to pay war reparations in Gold and in a high percentage of our export market, then we can make comparisons to 1920’s Germany.
It’s like people want to be unmoored from history.
A month of socialism and Bernie bailed.
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back to where it was in 2012…
