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(The Year 2012 In Review)
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|User Info||Ready For The Downgrade?; entered at 2011-08-02 20:29:02|
Registered: 2010-06-25 Maryland
That last sentence is a hunch right now. Yes it is a redistribution of money. However, Bailouts and subsidies create a unfair playing field for many rich people. Most of them wouldn't be rich now if we didn't have programs like TARP. So they can pay a little more into the system as the middle class and their grandkids will be paying for their bailout for years to come.
Wootendw- Your most likely right on. The smart money doesn't care what they say. Moody's was a movie prop for the congressional drama play this week.