I’m a bit troubled that it seems we are, here on the left, pissed at financial institutions that took bailout money and pissed at those same financial institutions when they decide to pay it back. Can’t really have it both ways, you know? Sure, there is the potential for banks handing back the money when they need it and, as a result, not lending, etc. And there is the potential for troubled banks handing it back because they feel the need to keep up with healthier banks who don’t need it and, as a result, those troubled banks go under (which sucks in the short term but is probably better in the long term). But, either way, either we should pissed when the take the money and, therefore, pleased when they give it back OR we’re pleased when they take it but pissed when they pay it back but right now it appears we’re pissed when they take it AND pissed when they pay it back. Which is kinda fucked up.
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1 Comment until now
So far I’ve only been pissed at the Governors who have spent a bunch of press time shooting off their mouths about how they MIGHT not take any Federal Money if it means they have to, oh you know, update their antiquated unemployment laws and by GAWD they won’t have the Federal Government telling them what to do in their state thank you very much. But then of course…they take every single dollar…and we don’t hear much about that. Safe to say I’m irritated by that shit.
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