Post
Topic
Board Bitcoin Discussion
Re: Warren Buffet: "Stay away from Bitcoin"
by
David M
on 14/03/2014, 20:41:36 UTC
Like it or not, TARP and the other bailouts saved everyone's arse.

I call bullshit and please define "everyone"?

Depositors and creditors should have been completely wiped out.  No exceptions.
The bastion of capitalism turned into a corporate/crony cluster fuck.

If you want to throw Keynes and a social conscience into it for the retirees and "mum & pop" investors, the US could have written checks for $0.50 in the $1 for anyone with assets under $2million.

The printing done each month to "save us" could have bought you a complete universal health care system for everyone of your citizens with change left over.