Steve Lynch: “We reverted to socialism when we took $700 billion from the people…”

On the recordJune 21, 2023

We reverted to socialism when we took $700 billion from the people, taxpayer money, and gave it to the banks.

Said by

Democratic · Massachusetts

Source

Lynch criticizes the bank bailout as a shift from capitalism to socialism.

More from Steve Lynch

Dec 4, 2024

I agree, it is onerous and it asks way too many questions, but, you know, we can work on that and make it better.

Apr 28, 2025

He told me he’s publicly supporting me.

Jun 1, 2025

It appears that the administration is already trying to cover up its shoddy work.

Nov 18, 2024

Would it be better, would it be more efficient if we looked at a...broader disaster insurance program?

Other voices in this conversation

Steve Lynch: “We reverted to socialism when we took $700 billion from the people, taxpayer money, and gave it to the banks.”