Said Michael

dalasverdugo:

I’m not the first person to say this, but I’m in a frustrated mood today, so I’ll say it anyways. We’re paying the banks billions of dollars, but it’s just going to get worse as unemployment increases and people can’t pay off their debt. Why aren’t we just directly paying off people’s debt? Taxpayer money helping taxpayers. Sure, it was their irresponsibility for taking on too much debt, but I don’t see how it’s any more irresponsible than what the banks did to get bailed out.

We’re basically paying banks so that they can keep charging people interest on their debt. I don’t see how that can possibly work out.

This already feels like a stupid, futile post before I even hit the “Create post” button. Sorry to waste your time.

If they’re both at fault why should we throw money at either of them? Why do we even make it possible for the banks or the irresponsible to recieve “help”?