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Read of the Day: Obama's Bank Solution

90
brookly red1/22/2010 4:33:58 pm PST

re: #80 CapeCoddah

That is also my problem with it.
The taxpayers bail out the banks.
The banks are penalized for needing to be bailed out.
The banks pass on the penalties to the taxpayers who had to bail them out, then pay the fine for bailing them out.
Not happy about that.

actually some banks (Wells Fargo for one) didn’t need/want bail out it was forced upon them… punishing success is not the American way.