Bailout

A bail is a container used for extracting water from a flooding boat or a payment for extracting a criminal from jail. As a verb, it is to abandon a perilous situation. Bailout means using financial leverage to aid a failing industry. Any of these situations are bad, but the problem is that a bail is not a solution. Why is the boat flooding? Why is the criminal in jail? Why are we in such a perilous situation? We can scoop water out of the boat as fast as we can with the biggest bucket we can find and unless we find the hole, our boat is bound to sink. We can put up a bigger bail than we can even afford, and unless that criminal is innocent, he is going right back to jail. And now we find ourselves in an unprecedented economic crisis siphoning capital back into a broken system. Risks were taken and and later exposed; they were rewarded then, and they are rewarded now. Millions (if not billions) of people have been affected by this tidal wave of bad debt that hundreds of bankers wrote — and the money still flows towards the tiny minority responsible.

They invent the game and write all the rules

They always win even when they lose

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