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

By: capt_nemo in ROUND | Recommend this post (0)
Fri, 23 Mar 12 6:53 PM | 59 view(s)
Boardmark this board | De's Test Board 		Msg. 39828 of 45510
(This msg. is a reply to 39826 by Decomposed)
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That's what I thought DE LOL,,,,,,,,,,ALL BOW to TPTB...............Not me,,,,,,,,,,,,




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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The above is a reply to the following message:
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

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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