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Comment by hindsightbias

6 days ago

All those commie socialist corporate bailouts?

2008 TARP for Wall Street? Corporate tax breaks that were unfunded and yielded $2 trillion in cash reserves decidedly not funneled down to working people. Sounds like socialism for institutions too big to fail, but not for people who needed it (70% of Americans with less than $1,000 in savings for emergencies).

How long will this situation continue before the house of cards tumbles down?