You miss it; bailouts of the richest outraged the "99%" because it didn't get any such help but taxed to help the rich. @jonathanweisman
Bailouts spawned Tea Party, irrevocably changed US politics. But in final tally, $426.35 b went in, $441.7 b came out, for $15.35 b profit
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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@jonathanweisman@JakeSherman Need to consider USG's cost of capital. Even with historically low interest rates that's a net loss. -
@jonathanweisman@JakeSherman And inflation. The dollars paid back < the dollars given out. Not an insignificant $ loss for taxpayers.
End of conversation
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