How wrong is this?
Rich people make risky investments. If they're lucky, they make an enormous profit. If they fail, they're broke and out on the street.
No, wait! They're not! The government steps in and bails them out — using our tax dollars!
They say, think of the "ripple effect" on the economy if these large firms go under. I say, think of the effect on the taxpayer of a $700 billion bailout package. That's $2,300 for each and every man, woman, and child in the United States. A family of four will pay almost $10,000.