Because these companies we’re saving are just blowing the money on lavish parties. I would’ve preferred low-interest loans, not freebies.
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Because these companies we’re saving are just blowing the money on lavish parties. I would’ve preferred low-interest loans, not freebies.
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No interest, fixed loans at that.
shouldnt have been bailed out because we’re capitalist. shouldve let them fail and a competitor couldve taken their place. Those LAVISH partiess are how banks pool for new clients and reward good clients and associates.
proping up bad companies is anticapitalist and leads to bigger delayed recessions and low quality service.
Things didnt realy start getting bad until Nancy Pelosi and the Democrats took over in 2006