Bailout Savers Instead?
Why do governments bailout mismanaged banks instead of bailing out the savers and then let them chose the banks they want to invest their money in? Any thoughts on that?
International Level: International Guru / Political Participation: 3231 100%
I feel that the government bails out the big bankers who sit with them in all the nice social circles that keep the politicians pockets lined. Since the regular person does not keep the governments pockets lined then they are the ones who will not be bailed out.
Good bankers, like good tea, can only be appreciated when they are in hot water. - Hussein, Jaffar, ICH
In answer to the original question I have a couple of theories;
1. They are co conspiritors with the bankers
2. They made inside campaign promises to them for whatever favors thy might get in return
I don't want to believe that it's because;
1. They are plain stupid
2. They can't tell the difference between victims and criminals
International Level: Politics 101 / Political Participation: 5 0.5%