Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (48885)	7/19/2013 7:30:34 AM
From: TimF	Respond to of 85487

Banks (and other companies) where subsidized and/or bailed out. And yes most of that went to wealthy people. But most of that money came from wealthy people, as does most of the money for non-entitlement social programs, and a good chunk of money for the entitlements as well. There are transfers to the wealthy. But the net total transfer is strongly away from the wealthy. They pay most of the taxes, and are ineligible for many of the programs. Most of them don't own banks, and where not major shareholders of GM, Fisker, Solyndra, etc.