1. Is the Bailout Just Another Ponzi Scheme?
... of them are using "retention" to explain multimillion dollar bonuses for the very CEO's who caused this problem in the first place. Why on earth do they want to "retain" these crooks? So far, the ones paying the taxes have had no relief from the scheme. We are left in the hole, paying for it for the rest of our lives, while those who are benefitting loll around ... in million dollar mansions and fly in private jets to beg Congress for ... money. Does that not sound like a Ponzi scheme to you? It's a classic robbing Peter (the U.S. Taxpayer) to pay Paul (the already wealthy banking and ...
- Word Count: 474
- Approx Pages: 2
- Has Bibliography
- Grade Level: High School