John McDonnell on the UK bank bailout

I think it is time for me to get into the banking business.Because people in this world are so stupid that they will just give all their money to the banks.

It's all a big scam! It's giving the rich and privileged a chance to recoup their failed and avarice driven risky investments, then cash out, all at the expense of the tax payer. If the government was truly concerned about "the people", they would give the money directly to the people. Count up the households, and cut each one of them a check. That would allow people to pay down their credit, and give them money to spend, which would infuse the cash directly into the economy. They don't care!