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Hillary and Bernie are literally tripping over themselves to showcase their support for bailing out the auto makers, which ultimately cost tax payers $10bn. Failure of the automakers really would not have been systemic, and would not have impacted people not working in these industries.
Bailing out Wall Street actually earned the tax payers a return. Also, a failure of the banks would have absolutely have been systemic - and would have impacted many more businesses and individuals than the auto makers failing.
Now you can disagree with the Wall Street bail out, there's no right or wrong answer - but I don't understand how there can be such a double standard - well, of course I understand, it's just political pandering. Hillary was just on stage now and basically said she would bail out the auto industry anytime they needed it.
If we wouldn't have bailed out the auto industry where would that have gotten us in terms of manufacturing jobs?
If we didn't bail out wall street, what would have happened to hundreds of thousands of jobs in financial services? A single bank like Merrill Lynch was 50k employees itself - one of the larger banks like Citi, JPM, etc are hundreds of thousands themselves.
Bernie wants to tax wall street to pay for college, b/c as he said, "we bailed wall street out, it's time for them to bail us out." Well, actually Mr. Sanders, it was the auto makers that cost the US taxpayers ten billion dollars - why are we not taxing them to pay for college?
Hillary and Bernie are literally tripping over themselves to showcase their support for bailing out the auto makers, which ultimately cost tax payers $10bn. Failure of the automakers really would not have been systemic, and would not have impacted people not working in these industries.
Bailing out Wall Street actually earned the tax payers a return. Also, a failure of the banks would have absolutely have been systemic - and would have impacted many more businesses and individuals than the auto makers failing.
Now you can disagree with the Wall Street bail out, there's no right or wrong answer - but I don't understand how there can be such a double standard - well, of course I understand, it's just political pandering. Hillary was just on stage now and basically said she would bail out the auto industry anytime they needed it.
It was absolutely GALLING that the very same Wall St *******s who caused the problem were bailed out. Many of them are now richer than they were before.
Yes, the taxpayers did make some money on the deal, but there were quite a few ordinary people whose life savings and pensions disappeared and who lost their jobs and homes - and they have *never* been bailed out.
As for the automakers - I don't think that their "sins" reached quite the plateau of greed, cynicism, and downright scamming that the Wall St fiasco did. And the automaker's bailout did save some jobs for ordinary Americans.
Is it pandering to reassure blue collar workers that you will try to save their jobs? Because that's what Clinton told those people.
It was absolutely GALLING that the very same Wall St *******s who caused the problem were bailed out. Many of them are now richer than they were before.
Yes, the taxpayers did make some money on the deal, but there were quite a few ordinary people whose life savings and pensions disappeared and who lost their jobs and homes - and they have *never* been bailed out.
As for the automakers - I don't think that their "sins" reached quite the plateau of greed, cynicism, and downright scamming that the Wall St fiasco did. And the automaker's bailout did save some jobs for ordinary Americans.
Is it pandering to reassure blue collar workers that you will try to save their jobs? Because that's what Clinton told those people.
It's the same pandering Trump is with his illegals rallying cry.
It's the same pandering Trump is with his illegals rallying cry.
You must be a very unusual voter - a person who never cares how a president's policies affect *you*.
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Why bailout auto industry? Two words:
