When a company gets bailed out with taxpayer money, why is it not owned by the public now?
In: Economics
This is really a five year’s old question certainly. The pure answer is that the rich get richer. The USA is not governed by the people it is governed by the corporations (The Rich). The corps have the politicians , the tax codes, and even their own political party to assist them. Researching what inane part of the economic recovery acts justify these bailouts is useless. Our country is governed by successful, greedy corporations and billionaires , and as they continue to give themselves more benefits probably soon to be called trillionaires.
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