The Bailout Caused the Sucky “Recovery”

This will be another brief post.  Bailing out banks, brokerages and so on in the way it was done had the following effects: 1) Fewer, larger financial institutions.  Too bigger to fail. 2) Rewarding people for outright fraud and insane risk taking. Remember, they kept their bonuses and salaries, they are rich, even if they belong … Continue reading The Bailout Caused the Sucky “Recovery”