Most people aren’t in favor of any kind of bailouts. It should be a free market where losses aren’t socialized for anyone.
People are generally selfish.
Bailing big banks out = ability to withdraw your money. Can get loans.
Bailing auto industry = ability to buy the car you want.
Bailing farmers = cheaper food
What benefits do people for themselves have when you bail student loans out?
But we all know at longer terms we shouldn’t, but majority of people don’t think long terms.
Why should people without degrees subsidize people with degrees? Just cap the interest!
Also the government received more money back from the 2008 bailout.
I guess it matters how much your neighbour contributes to society?
I think plenty of people think none of the above should get freebies
What about NO bailouts whatsoever?
And then on top of it, the merchants of privatized reward and socialized risk like the Fed, big bank CEOs, SEC, etc gaslight the shit out of individual investors and have the nerve to guilt trip us for innovations like BTC which level this asymmetrical fiat wealth transfer system.
The whole system is premised on plutocratic bullshit. Notice every single politician, regulator and leader arguing against BTC is fabulously wealthy in the 10’s to 100’s of millions.
Their argument is the very essence of gaslighting bullshit.
What if you believe none of them should or should have been bailed out? From the banks, to the automakers, to students.
My view from the UK is that we had a period here where universities were giving degree courses that they knew were never going to lead to job prospects for graduates with those degrees, literally “Mickey Mouse degrees”. I think there’s a case to be made for the government to recover monies loaned to students for those courses straight from the universities.
This is absurd logic. I’m just as against bank and auto bailouts as i am against student loan bailouts.
Well you see the other 3 have lobbyist.
Stop bailing them out please?
No one should be bailed out period! Doesn’t matter if you’re a corporation or a student.
Not a huge failure of bailouts…
But student loans we bail them out, what stops schools from just charging more and continuing the endless cycle of school cost rising.
Also my neighbor defaults he has financial problems. But he also is college educated and statistically has a better chance of funding more employment and being paid more.
Major company doesn’t get a bailout, 20,000 employees are out of work, several suppliers go out of business, another $5k.
I don’t like general student loan bailouts until we work on something that makes it so my kids don’t need a bailout in 10 years too.
Education is one of the carrots that hangs for military recruitment in US. The best thing to do would be to pay military personnel a lot more and make education free. But I am a dreamer and wishful thinker.
15 comments
Most people aren’t in favor of any kind of bailouts. It should be a free market where losses aren’t socialized for anyone.
People are generally selfish.
Bailing big banks out = ability to withdraw your money. Can get loans.
Bailing auto industry = ability to buy the car you want.
Bailing farmers = cheaper food
What benefits do people for themselves have when you bail student loans out?
But we all know at longer terms we shouldn’t, but majority of people don’t think long terms.
Why should people without degrees subsidize people with degrees? Just cap the interest!
Also the government received more money back from the 2008 bailout.
I guess it matters how much your neighbour contributes to society?
I think plenty of people think none of the above should get freebies
What about NO bailouts whatsoever?
And then on top of it, the merchants of privatized reward and socialized risk like the Fed, big bank CEOs, SEC, etc gaslight the shit out of individual investors and have the nerve to guilt trip us for innovations like BTC which level this asymmetrical fiat wealth transfer system.
The whole system is premised on plutocratic bullshit. Notice every single politician, regulator and leader arguing against BTC is fabulously wealthy in the 10’s to 100’s of millions.
Their argument is the very essence of gaslighting bullshit.
What if you believe none of them should or should have been bailed out? From the banks, to the automakers, to students.
My view from the UK is that we had a period here where universities were giving degree courses that they knew were never going to lead to job prospects for graduates with those degrees, literally “Mickey Mouse degrees”. I think there’s a case to be made for the government to recover monies loaned to students for those courses straight from the universities.
This is absurd logic. I’m just as against bank and auto bailouts as i am against student loan bailouts.
Well you see the other 3 have lobbyist.
Stop bailing them out please?
No one should be bailed out period! Doesn’t matter if you’re a corporation or a student.
Not a huge failure of bailouts…
But student loans we bail them out, what stops schools from just charging more and continuing the endless cycle of school cost rising.
Also my neighbor defaults he has financial problems. But he also is college educated and statistically has a better chance of funding more employment and being paid more.
Major company doesn’t get a bailout, 20,000 employees are out of work, several suppliers go out of business, another $5k.
I don’t like general student loan bailouts until we work on something that makes it so my kids don’t need a bailout in 10 years too.
Education is one of the carrots that hangs for military recruitment in US. The best thing to do would be to pay military personnel a lot more and make education free. But I am a dreamer and wishful thinker.
Comments are closed.