Originally posted by Metal Brain
Yes, and Americans did a little complaining but quickly assumed the position when Tim Geithner wanted them to.
http://mattweidnerlaw.com/blog/2013/01/the-illegal-geithner-leak-that-cost-normal-people-millions-but-saved-his-banker-buddies/
Bush, Obama and Geithner should be hung as traitors and all the people who defended the big banks bailout should be outed for being the idiots that they are.
Why single out Bush, Obama and Geithner? Since the turn of the 20th century, almost all Presidents of both parties have supported intentional inflation and monetary degradation, by debt. They couldn't have done it except by the permission of Congress supported again by both parties.
The simple economic reality is that monetary degradation harms those with the least money the most. If you have a bare subsistence living, and 10% of your buying power is lost, you starve. If you are a multibillionaire, 10% loss of purchasing power may irritate you but life goes on pretty much unchanged.
Presidents of both parties have relied on a string of Wall Street guys for Treasury, so nothing really changes. The few who have consistently identified the real culprit include Dr. Ron Paul who has called for ending the Fed for decades. His son Rand continues in his father's footsteps.
Bankers are no more corrupt than car builders, or home builders. Each operates under the environment created for them. If repeatedly irresponsible failures are rewarded with bailouts, the message is "don't worry" we've got your back.
Banks are going back to business as usual, with a few minor cosmetic changes.