About 4 years ago, Huffpo posted and article about reparations for the 99% which I will link here. I know some of you may or may not like the source, but the data from the financial crisis, in other words, the winners and losers, is presented in a very clear way, and the sources used are solid. https://www.huffpost.com/entry/reparations-for-the-99_b_7898816 It's a worthwhile endeavor to consider the merit of this argument, given that the American people were completely screwed out 1.9 trillion dollars and the Financial industry that caused this mess was bailed out to the tune of 3.3 trillion. Consider the lost wages, lost home values, direct foreclosure losses, people who lost businesses directly caused by the recession and you will quickly see a very ugly picture: From the article: THE DIRECT COSTS OF THE 2008 HOUSING/FINANCIAL CRISIS The people........................... Lost at least $ 1.9 trillion The government.................... Paid at least $ 3.3 trillion The financial industry.......... Received at least $ 3.3 trillion The third question, “Is this fair?” The obvious answer is “NO!” But now we have to ask another question: what can be done to rebalance the costs and benefits among the key parties? The financial industry should pay back at least some of the huge costs it imposed on the country. It is time for reparations. As a starting point for the discussion, here is a modest proposal: retrieve $4 trillion from the financial industry, returning $2 trillion to the people and $2 trillion to the government. I would structure this payback as a 40 year loan, amortized as a 4% mortgage repayment. On this basis, the annual repayment to the treasury would be about $200 billion. The industry would have to figure out how to generate this payback, but a surcharge on financial transactions would be an easy starting point. The government can handle collecting $2 trillion in reparations over 40 years, but what would work for the people? I would have the Treasury just write the checks, and use the industry repayments to recover the money. Payments to the people would be made within the next year. About $1 trillion would go to those who suffered foreclosures since 2007, at least partly restoring their lost equity. The second $1 trillion would go as checks to nearly every adult in the country, an average of about $5,000 per person..... I recommend reading the whole article, I left out some of important data that brings the scope of the issue into better focus in attempt to avoid a word fort.