Private profits, public risk

Before taxpayers bailout one more business, 2 things need to happen. Senior management, CEO and board of directors need to be on half pay. They also need to have presented a plan where they show how they will build a reserve of 9 months of operating expenses for the next rainy day. This nation is $27T in debt and cannot afford to keep bailing out these fools. “Too big to fail” – all they do is fail.

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