Bailout Quotes

“Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos.”
― Thomas Sowell

“People aren't pissed just to be pissed. They're mad because a tiny group of crooks on Wall Street built themselves beach houses in the Hamptons through a crude fraud scheme that decimated their retirement funds, caused property values in their neighborhoods to collapse and caused over four million people to be put in foreclosure.”
― Matt Taibbi

“Greece's bailout, then Ireland's, then Portgual's, then Spain's were primarily rescue packages for French and German banks.”
― Yanis Varoufakis, And the Weak Suffer What They Must? Europe's Crisis and America's Economic Future

“We are headed for a much morse financial crisis than the one we experienced in '08 [2008] and we are headed for a much greater recession than we lived through following that crisis; the one we called the Great Recession. And what's going to make it so much worse is, it's going to be inflationary. Consumer prices are gonna be going up as the economyis going down.”
― - Peter Schiff

“That being said, it may be that opponents of bailouts are not worried about public officials' behavior at all. Perhaps the strategic behavior that we are trying to avoid is on the lender's side, not on the government's. A standard objection to bailouts is that investors anticipating a bailout will be too aggressive in extending credit. They too have a potential moral hazard that needs to be remedied.”
― Richard Schragger

“Why not give ME 50 billion dollars. I can go build a car plant and make cars. I can go employ people. Give me 50 billion dollars. You gotta go give it to people who already proved that they're failures?”
― Jimmy Dore

“Query government spending.”
― Steven Magee

“the correct leadership here is to step up and say this is not a bailout for the american people. this is giving CASH to a small group of investors and banks so that they can buy up bankrupt assets from everybody else”
― Dylan Ratigan

“I think the American People are well aware at this point that both people parties are working with large financial and corporate interests to destroy them. I just don't think that they know what to do about it.”
― Dylan Ratigan

“Every dollar they saved was worth less with every financial crisis, while the government just printed more money to preserve the stock markets, the financial status of the elites, and the banks who served them.”
― Kenneth Eade, An Evil Trade

“This ... he largest financial bailout in history ... was not just a bailout of SVB [Silicon Valley Bank]. It was a bailout of over fifty thousand SVB depositors with over $170 billion in deposits. It was a bailout of SVB's customers, it's employees, their suppliers, and the entire high-tech startup ecosystem in Silicon Valley and around the world.”
― James Rickards, MoneyGPT: AI and the Threat to the Global Economy

“This ... the largest financial bailout in history ... was not just a bailout of SVB [Silicon Valley Bank]. It was a bailout of over fifty thousand SVB depositors with over $170 billion in deposits. It was a bailout of SVB's customers, it's employees, their suppliers, and the entire high-tech startup ecosystem in Silicon Valley and around the world.”
― James Rickards, MoneyGPT: AI and the Threat to the Global Economy

“Whether it is a corporate bailout or a student bailout, politicians are incentivizing bad financial decisions by stealing from people who made good financial decisions.”
― Colin M. McGroarty