First it was the Savings and Loans fiasco, then the Great Recession bailout. The banks got bailed out while ordinary people lost their homes. They had the nerve to blame the recession on homeowners who lost control. It was certainly that but the banks orchestrated the whole blowup and came out still giving dazzling bonuses to its incompetent leaders.
When running for President Hilary Clinton propose that there should be a cap on credit rates to a reasonable limit under ten percent. The banks responded that they lost so much on the savings and loan downfall that they had to recover their losses by raising credit card rates. What? Who caused the Savings and Loan disaster? The banks did. Now they wanted help for their mistakes. Talk about welfare fraud. Like the guy said about banks being worse than robbers. A thief takes what is in your wallet at that time. The banks destroy your whole life.
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