ONW
Well-known member
- Joined
- Apr 19, 2011
- Messages
- 19,177
- Reaction score
- 658
How about letting banking executives and people who made bad investments lose on their investments. People at the poverty level weren't investing in mortgage backed securities. We had a recession because we had lower interest rates and banks were deemed to big to fail. So we fixed it with even lower interest rates for 5 times as long and made the banks even bigger, but I guess people can finally sell their home they bought 10 years ago for a profit. That's good, right? Well except rents have doubled for the poor, that's probably why they revolted in November.
Obama kicked the can down the road, remember that for when it really blows up.
The poors' rents doubled, and they revolted by voting for Trump? You had me until this part.