Bailouts4Billionaires

Here are what I see as the four pillars of the bailouts for billionaires: 

1. Way too low interest rates for way too long since the great financial crisis (GFC). Low interest rates sound good, but actually work to prop up the assets of the wealthy. Blame the Fed for lower short-term interest rates. 

2. Quantitative easing (QE) and also purchases of mortgage-backed securities (MBS). Similar to #1, this also lowers interest rates on the long-end to further prop up the wealthy. Blame the Fed. 

3. Too low taxes, also not taxing the billionaires. Mainly too low corporate tax rates, low capital gains taxes, and too low a rate on the highest end tax bracket (there should also be much higher brackets with higher rates). Blame Congress - republicans and corporate dems. 

4. Lack of anti-trust enforcement. Lina Khan at the head of the FTC was a rare and all-too-short blessing here, but this has been going on a LONG time, and we should blame all branches of gov't for this one.