bowtieighth - 3/9/2012 11:34
I misspoke. I went back through my threads and I called them loans twice and bailouts once. I should have used bailouts in all 3 instances. It would not really change the context of the 2 times I used the word "loan".
They were bailouts. They took the equity from the investors and gave it to the ones that were really responsible for the biggest part of the problem.
Oh, you mean bailouts like LDP's and CCP's. Taking money from the taxpayer and giving it to the farmers who created the excess grain creating the sub cost of production prices.