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  • aaro [they/them, she/her]
    ·
    2 years ago

    I was one of the ones saying this wasn't a bailout. I still kinda think it's not a bailout, at least the first part, the FDIC stuff. Maybe it's just semantics, maybe I'm not clear on the definition of a bailout, but my understanding is that a bailout is when you help out the bank owners, and this was helping out the people with money in the bank (who are likely a bunch of bourg scum who don't deserve "their" money back but that's an entirely different matter). Is that whack?