▲ | bko 3 days ago | ||||||||||||||||||||||
Not that I agree with bail-outs, but 2008 financial crisis that resulted in a number of bail outs actually netted the treasury a profit. > In total, U.S. government economic bailouts related to the 2008 financial crisis had federal outflows (expenditures, loans, and investments) of $633.6 billion and inflows (funds returned to the Treasury as interest, dividends, fees, or stock warrant repurchases) of $754.8 billion, for a net profit of $121 billion | |||||||||||||||||||||||
▲ | gizajob 3 days ago | parent | next [-] | ||||||||||||||||||||||
I don’t think that really counts if there has to be a giant campaign of quantitive easing by printing dollars alongside. | |||||||||||||||||||||||
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▲ | freeopinion 3 days ago | parent | prev | next [-] | ||||||||||||||||||||||
Was that profit diverted from companies that were better managed and didn't get a bailout? We can see who won. Who lost? And why is the government deciding winners and losers? Why especially when the government is one of those winners? | |||||||||||||||||||||||
▲ | JumpCrisscross 3 days ago | parent | prev | next [-] | ||||||||||||||||||||||
To be clear, that bailout was passed by the Congress. This is a new phase of the President gets to just bail out anyone. | |||||||||||||||||||||||
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▲ | 3 days ago | parent | prev [-] | ||||||||||||||||||||||
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