Quote:
Originally Posted by mookiemookie
Oh but gosh, I was told that wealth redistribution upwards can't happen!
This is the greatest theft in history. See it for what it is or not, it changes nothing. Your government has sold you out to their corporate masters and there's not a damn thing you can do about it.
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Where did the bailout money come from? They borrowed it. Who will pay for the borrowed money? The people who pay disproportionate taxes. I am indeed curious how wealth never owned by the poor can make the rich, rich. The sum total wealth of the bottom tiers isn't enough to make a huge difference. It's not like they used to have it and gave it away.
Not in favor of the bailout, BTW, I'd have let companies fail.