Reckless Capitalist Banks Rescued by Government Socialism – Again!

Once again, government socialism—ultimately backed by taxpayers—is saving reckless midsized banks and their depositors...

https://www.commondreams.org/opinion/socialism-for-wall-street

Bailing Out the Undeserving Rich—Again

Is it morally acceptable that the typical worker's wage has stagnated for the last 40 years while most of the economy's gains have gone to the top? Do we believe that people who are rich are succeeding because of their own inherent worthiness or because the game is rigged in their favor? Have people who are poor failed, or has the system failed them? Is it morally acceptable that the pay of American CEOs has gone from an average of 20 times that of the typical worker 40 years ago to over 300 times today? Are the denizens of Wall Street — who in the 1950s and 1960s earned modest sums but are now paid tens or hundreds of millions annually — really "worth" that much more now than they were worth then?

https://www.commondreams.org/opinion/bailing-out-the-rich

US banks want socialism for themselves - and capitalism for everyone else

The result is socialism for the rich while everyone else is subject to harsh penalties: bankers get bailed out and the biggest banks and bankers do even better. Yet average people who cannot pay their mortgages lose their homes. 

Meanwhile, almost 30 million Americans still lack health insurance, most workers who lose their job aren't eligible for unemployment insurance, most have no paid sick leave, child labor is on the rise and nearly 51m households can't afford basic monthly expenses such as housing, food, childcare and transportation...

https://www.theguardian.com/commentisfree/2023/mar/19/svb-collapse-us-banks-socialism-capitalism

'An Abomination': Powell Cut Mention of Regulatory Failures From Bank Bailout Statement

Warren tweeted Friday that "the Fed chair's outrageous attempt to muzzle the rest of the government about his role in contributing to this current crisis is completely inappropriate—and it won't work."..

https://www.commondreams.org/news/powell-cut-regulatory-failures-mention