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Economy

Kid Berwyn

(21,328 posts)

5. The Problem

Reply to Eugene (Original post)

Mon Jan 29, 2024, 11:14 AM

Jan 2024

Only one group in the USA is entitled to free money: the Rich.

For example: The Great Bank Bailout of 2008 or…

Know your BFEE: Phil Gramm, the Meyer Lansky of the War Party, Set-Up the Biggest Bank Heist Ever.

https://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x4055207

Socialize the Risk, Privatize the Reward, and the Rich Get Richer, per plan.

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Lonestarblue dchill SimplyHadEnough LittleGirl Trailrider1951

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Highlight:

Austin experimented with giving people $1,000 a month. They spent the no-strings-attached cash mostly on housing, a stud [View all] Eugene Jan 2024 OP

Instead of jailing or institutionalizing people thucythucy Jan 2024 #1

This would also be cheaper. viva la Jan 2024 #2

Absolutely! thucythucy Jan 2024 #13

Comparing the cost of incarceration to cash payments dlk Jan 2024 #3

KnR Alice Kramden Jan 2024 #4

But OMG, that would be akin to Soshulism!! llmart Jan 2024 #6

The Problem Kid Berwyn Jan 2024 #5

Good old BFEE: still fighting the bad fight. dchill Jan 2024 #7

What is BFEE? Goggle says Bush Family Evil Empire? efhmc Jan 2024 #11

That's it. dchill Jan 2024 #14

I would imagine that we've seen only the first inklings . . . Richard D Jan 2024 #8

Every time this is tried, it works well. Then the politicians ignore it. n/t malthaussen Jan 2024 #9

If you're not punishing society's most vulnerable, are you even capitalisming? Orrex Jan 2024 #10

The ONLY way this works, and I wish it would happen, Fix The Stupid Jan 2024 #12

I don't think any heads here would explode. thucythucy Jan 2024 #16

LOL, Monday morning BC (before coffee), reading OP's title, "Wait, wasn't that Yang's experiment, not Lloyd Austin's? Backseat Driver Jan 2024 #15

If they'd spent the money on MSSAs, that'd be cool with the Cons. maxsolomon Jan 2024 #17