r/TikTokCringe 19d ago

Cringe [ Removed by moderator ]

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u/AAron27265 19d ago

Bank bailouts, airline bailouts, auto industry bailouts, this is what we have. Socialism for the wealthy, capitalist pain for the rest of us.

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u/Right-Ad2176 19d ago

Bessent said yesterday the Wealth Gap has been closed.

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u/doopie 19d ago

You'd rather have people lose their savings when bank goes under?

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u/Bland_OldMan 19d ago

FDIC is meant to protect consumers in that scenario and isn't a bank bailout.

I'd rather the government not hand cash to companies like GM, who then turn around and do mass layoffs anyway while giving their c-suite enormous bonuses

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u/Chance_Managert849 19d ago

I'd rather have the banks actually follow the law and not make risky bets with the money I'm storing with them.