wtf is wrong with the right?

Custard

12410
+238/-3006

Re: wtf is wrong with the right?

« Reply #8970 on: July 01, 2026, 10:32:24 PM »

Quote from: illiniray on July 01, 2026, 07:58:46 PM

The problem is the bank bailouts aren't done to benefit the poor and working class. They are done protect the wealthy, an example of socializing risks and privatizing profits.

More an example of state or crony capitalism.

Correct.

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alum74

2729
+1462/-124

Re: wtf is wrong with the right?

« Reply #8971 on: July 01, 2026, 11:48:28 PM »

Quote from: illiniray on July 01, 2026, 07:58:46 PM

The problem is the bank bailouts aren't done to benefit the poor and working class. They are done protect the wealthy, an example of socializing risks and privatizing profits.

More an example of state or crony capitalism.

During the 2008 financial crisis, conservative commentators and some Republican lawmakers characterized the bank bailouts as "socialism for Wall Street," "corporate socialism," or "government socialism."

Similar to earlier criticism of Medicare and Social Security, they warned that the bailouts would move the U.S. to a socialist economy.

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Reacher

40389
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Re: wtf is wrong with the right?

« Reply #8972 on: July 01, 2026, 11:58:56 PM »

In bank bailouts, the losses are “socialized.” That’s not capitalism, however the fuck you want to paint it.

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"He commented more than once that, 'You know, Hitler did some good things, too,'" Kelly recalled to The Times. Kelly said he would usually quash the conversation by saying "nothing (Hitler) did, you could argue, was good," but that Trump would occasionally bring up the topic again.