You cannot be too big to fail

Most of the banks that were "too big to fail", and investment companies? Yeah, they had to get bailed out.

Mostly because they had all of the retirement funds for the government employees

So of course they too OTHER people's money to save their money

As much as i dont like bail outs

They do have to pay back the money

YEAH woudlt want them defaulting on all the loans they gave out

I mean the bailout, the bailout was a low-interest loan.

the gouvt woudl essentially turn into a communist regeime with all teh buisnesses theyd own from collecting that defaulted debt

the problem is that it encourages risky behavior

What Lastson said

yeah for real,, risky buisness

Yes, like i said, i still really dont like it.

If theyk now they're just gonna be bailed out if they fuck up, they can just take any risk, no loss

you can't subsidise reckless behavioru and hope people get more responsible

Just want to disspell the conception that it was money just tossed at them.

tbh, the bailout should be both refunded AND come with interest given back to the people

for the banks screwups

wasn't there slight interest on it?

not good enough, I want free money! 😛

It does have interest, (Quite low though, 1-2% a year, only equalizes inflation)

I don't think it was enough interest to even mitigate inflation

Did it equalize it?

It was a little under inflation in practice i think

ok

I thought it was still in the negative, just slightly

but I'd need to go through all that shit

Regardless

irregardless

It was close

irreunregardless

The problem is more what you said, if they know that when the going gets rough they'll be bailed out

Then it encourages risky behaviour

It also gives them a unfair advantage against smaller banks that wouldnt be bailed out

but wasn't it also a thing that the banks were forced to loan to people buying houses or something by the state?

i recall something like that having been done

We should exile those who burn the national flag to Liberia

Nah, Amendments before offense

Flag burning has come up as a 1st amendment issue several times.

As detestable as it is, the argument does tend to ultimately hold that when done as a protest it's a free speech issue.

I think people who argue for abolishing free speech should be sent to Liberia

Or anywhere without Free Speech, really