Instead of using 700 BILLION dollars to bail out Wall Street firms, why not spend the same amount issuing another stimulus package to the American public?
That would be about $3,000 for every adult in the US. It seems to me that any use of that — paying off debt, making frivilous purchases, or putting it into savings, would be of greater benefit to the economy than absolving Wall Street banks of their fuck-up…..
In other words — if we’re going to piss away taxpayer money, shouldn’t it go to the taxpayers?