Tag: Socialism for the Wealthy

It’s Still a Bank Bailout, Even If You Don’t Want to Call It One

as many times as federal officials repeat that they’re not bailing anyone out, it still won’t be true. Are there differences between these bailouts and those during the 2008 crisis? Certainly. But none of those differences change the fact that depositors with more than $250,000 are being bailed out.

Source: It’s Still a Bank Bailout, Even If You Don’t Want to Call It One