Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« ROUND Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

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

By: ribit in ROUND | Recommend this post (0)
Fri, 23 Mar 12 8:29 PM | 56 view(s)
Boardmark this board | De's Test Board 		Msg. 39839 of 45510
(This msg. is a reply to 39826 by Decomposed)
Jump:
Jump to board:
Jump to msg. #

decomp
These large banks aren't able to outcompete smaller banks in anything except their ability to respond to outrageous government regulations.

...would not surprise me to find out that the large banks were actually generating some of this legislation to keep down the competition. This ain't capitalism anymore sportfan.




Avatar

Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

» You can also:
- - - - -
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?

« ROUND Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next