Not with my money. Plenty of hedge funds made billions by investing against these firms. There were reason Warren Buffent wouldn't loan to, say, Lehman. Their annual report, available to anyone, was junk.
The fact that big government, big tax, big finance Bush/Paulson/Democrats in Congress/Obama wanted working class and small business to bail them out is no reason yet introducing more activities into their hands. Goldman Sac, Citi, BoA, are corporatist arms of the Treasury Department, and exist at their leasure. So, the socalled bailout was amongst friends. Not my friends, but friends never the less.
You want big gov, big gov will take from you.
"or taxpayers to invest in public infrastructure."
Taxpayers don't invest. They just get harvested from. 'Investments' are done by politicians. For votes and money from unions, contractors and rent seeking( look up ) business.
Not with my money. Plenty of hedge funds made billions by investing against these firms....
Taxpayers don't invest. They just get harvested from. 'Investments' are done by politicians. For votes and money from unions, contractors and rent seeking( look up ) business.
Well in that case, thank God that over the years we've been blessed with politicians who had the foresight to harvest the taxpayers and invest in infrastructure like roads, highways, canals, locks & dams, airports, bridges, tunnels, subways, water supply and sewage treatment systems and myriad other infrastructure that we take for granted.
Heaven KNOWS that America wouldn't have any of that stuff if it was left up to some bumwiper hedge fund operator on Wall Street. Those stinking parasites "invest" in solid gold toilets in their Wall Street penthouse rest rooms and expect the rest of us to trudge barefoot through frozen muck and mud to get to work...
The heck with that B/S, if I want my elected representative to build a monorail, he better well do it or else hit the road.