Bail Quotes - page 3

Each time, the taxpayer is called on to bail out those who created the crisis, increasingly the major financial institutions. In a capitalist economy, you wouldn't do that. In a capitalist system, that would wipe out the investors who made risky investments. But the rich and powerful, they don't want a capitalist system. They want to be able to run to the "nanny state” as soon as they're in trouble, and get bailed out by the taxpayer. They're given a government insurance policy, which means that no matter how often you risk everything, if you get in trouble, the public will bail you out because you're too big to fail - and it's just repeating over and over again. (Noam Chomsky)
We've been living through about 45 years of a particular socio-economic political system, what's called neoliberalism... The so-called free trade agreements or radically protectionist that we're seeing that right now in front of our eyes, we see virtual monopoly on drugs. What we've really had for the 45 years is what so many economists have called a bail out economy. So it's one side of class war, markets for the poor, protection for the rich. View quote
Noam Chomsky