Quote:
Originally Posted by fjtorres
Bailouts are a natural consequence of the long-term worldwide trend of nationalist industrial policies, protectionist economic policies, and annointing "National champions" to be subsidized out of citizens' taxes.
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It could also be that citizens demand these bailouts. Sure, a great many of those citizens will complain about them, and even campaign against them, yet they always seem to support it implicitly when they choose the candidates who seek to create jobs through tax breaks and preserve jobs through bailouts. And who would blame them: the first order of business is always a roof over your head and food on the table.