Forum Post: Dont forget we voted no!!!! to the bailouts 228-208
Posted 13 years ago on Oct. 14, 2011, 3:17 p.m. EST by Fuckoutsourcingjobs
(15)
This content is user submitted and not an official statement
BUt in the midst of fear mongering by the government to bailout the financial market or we would be in grave danger of recession.
http://www.nytimes.com/2008/09/30/business/30bailout.html
So the banks got bailout money which they used for exorbitant bonuses, the taxpayers foot the bill, the unemployment rate of Americans have jumped and foreclosures are still on the rise And the market is still down.
Awesome looks like it worked out for all of us huh. I wonder what would have happened f the bailout never happened? Those poor CEO's would be out hundreds of millions of dollars in bonus money.
Read the Rules