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re: Would We Have Been Better Off If The Gov't Let The Banks Bottom Out, Not Bailing Em Out?
Posted on 5/15/17 at 11:31 pm to LSUSUPERSTAR
Posted on 5/15/17 at 11:31 pm to LSUSUPERSTAR
quote:
Don't forget the auto industry.
The Feds loaned money to big auto when the lending market dried up. I don't have a problem with the loans.
They "gifted" the UAW millions and millions of dollars from taxpayers because they were a political ally to Obama. That money is never coming back. I can't get over that. I cashed out my 401k to pay rent while those retired UAW frickers didn't even have to take a haircut.
I'll probably never get over that.
This post was edited on 5/15/17 at 11:36 pm
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