Russia Today: The Alyona Show- 'Bailout For The American People?'

Source:Russia Today- Reason Magazine writer Anthony Randazzo, talking to Russia Today anchor Alyona Minkovski.

"RT (formerly Russia Today) is a state-controlled international television network funded by the federal tax budget of the Russian government.[5][6] It operates pay television channels directed to audiences outside of Russia, as well as providing Internet content in English, Spanish, French, German, Arabic, and Russian.

RT operates as a multilingual service with conventional channels in five languages: the original English-language channel was launched in 2005, the Arabic-language channel in 2007, Spanish in 2009, German in 2014 and French in 2017. RT America (since 2010),[7] RT UK (since 2014) and other regional channels also offer some locally based content.

RT is a brand of TV-Novosti, an "autonomous non-profit organization", founded by the Russian news agency, RIA Novosti, on 6 April 2005.[3][8] During the economic crisis in December 2008, the Russian government, headed by Prime Minister Vladimir Putin, included ANO "TV-Novosti" on its list of core organizations of strategic importance to Russia." 

From Wikipedia 

"There's a new proposal being floated out there, massive debt relief, it may seem a little radical but some economists argue that it's the only way to get out of this mess. Just think about it, tens of millions of Americans are burdened with mortgages they can't afford, as well as student loan debt, credit card debt....we're a country that likes to charge and pay later. But since the banks got a bailout....could the American people get one too? Reason's Anthony Randazzo weighs in." 

From Russia Today 

A so-called People's Bailout that the Far-Left in and outside of the Democratic Party pushing, makes sense, in one sense, because they can argue: "We've bailed out Corporate America and the banking industry, now it's time to bailout the middle class and low-income individuals." 

I get that in that sense, but I'm not in favor of subsidizing bad behavior, especially at taxpayers expense. I was against the bank bailouts in 2008, because the reason why American banks went under, is because the Bush Administration fell sleep at the wheel, while all of these American companies were making risky (if not irresponsible investments) and came to Uncle Sam to bail them out for their bad investments. 

I'm also against bailing out individuals who borrowed too much money in the mid 2000s when the economy was much stronger, thinking that they wouldn't need to pay back those loans or their economic security would be indefinite.