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 Msg. #  Subject Posted by    Board    Date   
39839 Re: The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks
   decomp [b]These large banks aren't able to outcompete smaller banks i... 		ribit   ROUND   23 Mar 2012
 8:29 PM
39828 Re: The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks
   That's what I thought DE LOL,,,,,,,,,,ALL BOW to TPTB...............No... 		capt_nemo   ROUND   23 Mar 2012
 6:53 PM

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Re: The Dallas Fed Is Calling For The Immediate Breakup Of Large Banks

By: Decomposed in ROUND
Fri, 23 Mar 12 6:50 PM
Msg. 39826 of 45510
(This msg. is a reply to 39824 by capt_nemo)
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re: "Is that capitalism???"

It's more the behavior of crony monopolies. These large banks aren't able to outcompete smaller banks in anything except their ability to respond to outrageous government regulations.

Government is a monopoly. When it uses its powers to assist certain businesses to the detriment of other businesses, it's as far removed from CAPITALISM as it's possible to be. Why not just outlaw the small banks, then claim that capitalism did them in?


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