so, military spending then, that's what i get. i ponied up actual cash which was lent to banks to cover them, but the return on those loans don't come back to me as actual cash. it goes to the federal budget, which is mostly military spending.
it would've been better if the financial sector hadn't fucked up. it would be better if the financial sector wasn't protected--with my money--when it tries to make itself a smoking ruin. it should be protecting itself.
You might want to look at a pie/donut chart of government spending. Mostly you got medic{are,aid} and social security. I think most people would agree that reducing the tax payer burden of those programs without reducing benefit is an objectively good thing.
I don't disagree that the financial system should strive to be better, but during a crisis is definitely not the time to make that happen.
i know, but the subject was the return on the investment from bailing out the banks, but that return went to the federal budget, and the bailing out came out of people's pockets. it isn't comparing like for like at all.
it would've been better if the financial sector hadn't fucked up. it would be better if the financial sector wasn't protected--with my money--when it tries to make itself a smoking ruin. it should be protecting itself.