Spoiler alert: from a quick perusal of the Bailout Aftermaths list suggests that the government tends to lose money when it bails out the financial industry and makes money when it bails out other industries. It kind of makes the double standard where we pour money into Wall Street banks with no strings attached and place heavy demands on GM and Chrysler seem unfair. On the other hand, perhaps this is why the government tends to do better when it bails out non-financial industries, because the government actually demands accountability of the Lockheeds and Chryslers of the world while letting the Morgan Stanleys do whatever they want with the taxpayer's money. I'd like to think that things will be different this time around but I'm not optimistic.
Tardigrade in Moss - [image: Is this an alien?] Is this an alien?
4 hours ago