Tag Archives: bailout

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Bail Out Rap and Rant

If you don’t want to read this post, at least watch the second video!
Billions of dollars to bail out the financial markets, which they use a significant portion of to pay out billions in bonuses to Wall Street fat cats, all the while tightening credit. Wasn’t the bailout’s purpose to loosen the financial markets and encourage lending to stimulate the economy? It seems that Wall Street’s and the banking industry’s mantra will always be Greed IS Good!

What the hell did they do with all that money they made repackaging worthless mortgages and charging userious rates on consumer credit for all those years? I didn’t intend to rant about this, and I already clipped and shared this video in my social media platforms, but this one really tells the story.

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