1. Who Profits the Most from the Bailout Money?
... of dollars being granted to banks in the great bailout of "08 and "09 is the mere fact that we the people are getting tired of making the rich richer while we all get poorer. So in order to grasp why it is that a Federal Bailout of the banking system was required and in order to get okay with the fact that it's going to cost us ... a lot of tax revenue, we need to have some sort of assurance that the fat cats aren't merely getting fatter ... . They did. They loaned a lot of money to people who were tremendously less than able to keep up with their payments should the economy take a down...
- Word Count: 628
- Approx Pages: 3
- Grade Level: High School