Rescued financial firms prospered and bankrolled the right-wing resurgence

Evidence

By contrast, the financial institutions that had precipitated the crisis and had been rescued by governmental action were doing just fine—nay, prospering at precrisis rates—and in a bald display of uninflected ingratitude, were intently bankrolling the resurgent right. Indeed, the astounding recovery of corporate profits practically guaranteed the luxuriant postcrisis exfoliation of Think Tank Pontification. — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 9

Categorization

• CANDY: The image of bailed-out banks prospering and immediately funding the right is a punchy, widely-relatable fact about the post-2008 era.