Monday, November 24, 2008
Taxpayers Once Again Save The Day
Taxpayers once again save the day by bailing out irresponsible financial executives. The onus of saving the nation's billionaires fall on our taxpayers, which, in turn signals relief to all the masters of the universe on Wall Street which in turn sends the Dow soaring once again. This series of bailouts proves that the US economy is really into privatizing gains and socializing loss. Their gains are always theirs but their losses are mine too. That's pretty much how this bailout economy works.
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