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Jake Bequette

@JakeBequette91 ↗

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Last Checked April 3, 2023

Created

Fri Mar 10 21:32:15 +0000 2023

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14

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1

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Twitter for iPhone

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Jake Bequette @JakeBequette91

Moral hazard remains the great unresolved issue of the 2007-09 Financial Crisis. Why would an institution act responsibly when they know that, at the end of the day, they will receive a taxpayer-funded bailout? — PolitiTweet.org

Posted March 10, 2023

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Jake Bequette @JakeBequette91

Republicans will cave, eventually. McConnell helped lead the bailout brigade in the Senate in 2008. The GOP knows where their bread is buttered. — PolitiTweet.org

WSG @WScottGordon

@JakeBequette91 This is gonna get spicy. Silicon Valley is of course the Golden Goose for Dems. Plain folk won't… https://t.co/gu3UeLkcbO

Posted March 10, 2023

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Jake Bequette @JakeBequette91

@WScottGordon Only because the “Taliban 20” held the line and extracted much leverage over him. But the temptation to lavish trillions in bailouts on the donor class will be too great. No need to go back to 2008 — just look at the Covid bailouts. Near-unanimous GOP support. — PolitiTweet.org

Posted March 10, 2023

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