Have We Learned Nothing? Repeating the Mistakes of the 2008 Bailout @AmeerRosic1
Have We Learned Nothing? Repeating the Mistakes of the 2008 Bailout  @AmeerRosic1
Uploaded March 2020 | Updated September 2026, 16 hours ago
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Mark Allan Bovair
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Finance guy. Dad. Podcast host. Restless cubicle, er, open office dweller. Hating Mondays since 1985. Too normal for twitter.


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At the center of the Senate Republicans’ version of the emergency aid bill, which Democrats opposed on Sunday and Monday, is $500 billion in money for big corporations that is to be entrusted to one public official—the Secretary of the Treasury—with no oversight of his decisions and no strong rules laying down how corporations should, and should not, use those funds. The ostensible reason for this is to protect jobs, yet the GOP bill’s job language is more of a suggestion than a mandate.

The coronavirus has crippled major sectors of our economy—including airlines, hotels, aviation, aerospace manufacturing, and small business. Just as the federal government needed to intervene in the financial sector in 2008, the federal government needs to help these sectors of our economy now. But a lot of people are asking, didn’t we just do that in the bank bailout? And should we repeat the bank bailout, this time with Donald Trump and Steve Mnuchin in charge?

#Bailout #AmeerApproved
Have We Learned Nothing? Repeating the Mistakes of the 2008 BailoutJoe Rogan’s podcast is becoming a Spotify exclusive📉 Bitcoin And The Stock market: What is going on?$50 Million in Bitcoin - MicroStrategy Buys More!...Social Justice is a warped ideology - @ZubyMusicThe War on #Bitcoin Is Almost Here - And It Will Get UglyDollar Milkshake Theory Predicts a Bull Market in USD - Brent Johnson💰 The Best Way to #Invest $10,000 in 2020We must take action to revamp our social programs80% of Square’s Cash App Q3 revenue was from #Bitcoin...Facebook’s Libra currency to launch next year...Take care of your own kids. Dont have someone else raising them
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Have We Learned Nothing? Repeating the Mistakes of the 2008 Bailout

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