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Resentment Grows on Main Street Over Bailout
April 24, 2020 at 12:00 pm EDT By Taegan Goddard 74 Comments
https://politicalwire.com/2020/04/24/resentment-grows-on-main-street-over-bailout/
"SNIP......
Bloomberg: Policy makers in Congress, the Treasury Department and the central bank have taken a lesson from the last financial meltdown, 12 years ago, when ordinary Americans were left to fend for themselves and millions lost their homes. This time, theyve included individuals and small businesses in their aid packages in a way they didnt in 2008, when bank bailouts, even as they saved the system from collapse, sparked outcry over tilted playing fields for the rich and ignited a backlash that altered the political direction of the country.
But if one of the lessons of 2008 is to help Main Street as well as Wall Street, the lesson seems to be only partly learned. Americans live in two separate and unequal worlds, and the bailouts reflect this.
......SNIP"
Voltaire2
(13,109 posts)and increased unemployment payouts a bit, if you can even manage to get on unemployment at this point.
Meanwhile there is once again a billionaire feeding frenzy at the giant slop trough where almost all of the first 2.5T got routed, all of it basically without oversight as Trump undid the oversight agreement as soon as the bill was signed.
customerserviceguy
(25,183 posts)Cake for the rich, crumbs for the rest of us.
Backseat Driver
(4,394 posts)benefits will "salve the savage beasts" at the bottom - they'd better think again making Wall Street whole without returning funds to federal social security nets that include healthcare, food, housing, and income security for the elderly and disabled, or rethinking well-planned and financed disaster relief, and large-scale funding to protect against catastrophes of climate-change, well....
life may find a way through chaotic times, but I will fight tooth and nail for the future of my family against power grabs and bailouts for wealthy elite whereby every wise choice of our behavior towards betterment of our condition is thwarted in favor of maintaining the lifestyles to which they've been accustomed through greed and corruption.
Geesh, and somehow it's just a sarcastic joke to suggest to the groomed that suicidal injections will save their buggered lives? Let's put off speaking about digitized robotic "artificial intelligence" until TPTB can deal with the unstable, unfit human kind.