How come it works for the banksters? Supposedly if they fail it will be bad for the economy. (In reality, the financial sector has been based on the power of closing one's eyes and thinking happy thoughts for years and years and years. If those big banks failed, all that would be needed would be for everyone to keep their eyes closed, keep thinking the happy thoughts, and the state would be able to reconstruct the whole magic castle all over again.)
The fact that households are crippled with debt and suffering insecure employment and that this is slowing down consumption and GDP growth doesn't seem to resonate.
It's obvious that our leaders think that WE should bail out the nice corporate lobbyists who take the politicians out for lunch and dinner, but that WE nobodies should get any consideration is akin to throwing pearls before swine.
That's how the blogging tories see themselves. They love it.
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