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In this quote, Dylan Ratigan is criticizing the 2008 bank bailouts as not truly being intended to help average Americans, but rather to benefit major financial institutions and wealthy investors. He argues that the bailouts were not about supporting the broader economy or people facing hardship, but rather served to provide large sums of cash to a small number of banks and investors so they could purchase distressed assets from others at reduced prices.
Ratigan portrays the bailouts as a way for large financial entities to profit further by using taxpayer money to take over troubled companies and properties on the cheap, rather than as an economic stimulus. The quote suggests the bailouts prioritized rescuing investors and banks from the consequences of their actions over assisting ordinary citizens struggling in the recession.
Overall, Ratigan conveys a skeptical view that the bailouts were more of a backdoor transfer of wealth to Wall Street rather than an effective means of stimulating the real economy and aiding Americans facing unemployment, foreclosure or other hardships.