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" by government purchase of stocks and bonds to support the balance sheets of the wealthiest layer of society."

By HEYYOU follow HEYYOU   2018 Sep 22, 9:29am 512 views   1 comments   watch   nsfw   quote   share    


" Therefore, from the economy’s vantage point, instead of asking how the banks are to be saved “next time,” the question should be, how should we best let them go under – along with their stockholders, bondholders and uninsured depositors whose hubris imagined that their loans (other peoples’ debts) could go on rising without impoverishing society and preventing creditors from collecting in any event-"

https://www.counterpunch.org/2018/09/20/wasting-the-lehman-crisis-what-was-not-saved-was-the-economy/
1   6rdB   ignore (0)   2018 Sep 22, 9:49am     ↓ dislike (0)   quote   flag        

HEYYOU says
how should we best let them go unde

By shooting banksters in FACE with a 20-gauge shotgun.

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