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Drudge Retort: The Other Side of the News
Tuesday, March 24, 2020

Bailout is a dirty word. The Merriam-Webster dictionary defines bailout as "a rescue from financial distress." So it is accurate to call the $1 trillion-plus package being debated in Congress a bailout. But let's not call it that this time. During the 2008 financial crisis, after the world economy was brought to its knees, the federal government had to prop up U.S. banks despite their destructive behavior. Hundreds of billions of dollars of taxpayer money flowed into the financial system to prevent a total collapse. Millions of people lost homes, jobs and their livelihood. An entire generation is still trying to come to terms with the repercussions of that time.

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I have to agree with the sentiment and the call for patience. I know several small business owners who are most likely going to lose everything over this.

#1 | Posted by GalaxiePete at 2020-03-24 09:19 AM | Reply

The bailout will not go to small businesses. It will go to Trump cronies and straight to their off shore bank accounts.

If Trump wants people to stop isolating, then there is no need for a business bailout, just lots of mass graves.

#2 | Posted by bored at 2020-03-24 02:47 PM | Reply | Newsworthy 1

Let's just call it what it is. America here are a few pennies to delay your use of guillotines. Yes, the end is near, and no, the very rich will not be spared. This isn't a bailout, it's just a delay in justice. A reprieve, so to speak. But the end is near and it is coming.

#3 | Posted by danni at 2020-03-25 08:44 AM | Reply

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Drudge Retort