Forum Post: 'Recapitalize Banks' means Bail Out Banks w Taxpayer Money

AGAIN??! The bankers and financiers and their politicians are talking about it again in Europe. ANOTHER gigantic bail out of the banks. What will the banks do with the trillion dollars we the taxpayers give them? Sit on it like they're doing with all the rest of the money we gave them. The banks and other houses of finances gambled on mortgages and toxic debt and LOST. They're bankrupt and we HAVE TO stop pretending. We must bail out the economy the banks destroyed and nationalize the banks. After we nationalize them we can get our money back out and invest it in jobs and real economic growth.