They get to have their own special brand of “socialism,” only don’t you dare call it that.
Robert Reich explains:
To state it another way, Dimon and other Wall Street CEOs helped trigger the 2008 financial crisis when the fraudulent loans their banks were peddling — on which they made big money — finally went bust. But instead of letting the market punish the banks (which is what capitalism is supposed to do), the government bailed them out and eventually levied paltry fines that the banks treated as the cost of doing business.
If this isn’t socialism, what is it?
Yet it’s a particular form of socialism.
Follow the link to learn more about this “particular form of socialism.”