Posted:
#26
my main issue is a system where Wall St takes risks on the premise of
"too big to fail" and expects the tax payer to absorb the risk while
they unilaterally enjoy the profits.
this is the problem, all the safety nets and fail safes that allow for the too big to fail attitude to exist,,,,,our gov't is supposed to be in place to break up monopolies, not encourage them,,,,,if something is too big to fail, then it is too big to succeed, so time to break them up into smaller companies,,,you can't have success without failure
. We had regulations in place but the gov't removed them to allow for their shitty plans for mandated prosperity for all (think CRA). There was once a time when financial institutions attempted to operate sound business and didn't like the idea of blowing themselves up,,,,,when the gov't hinted that they could do whatever they please and that mommy would be there to pick them up when they fell, well we all just witnessed what happened
in closing, people with opinions just go around bothering each other
30$ Silver by xmas 2010
this is the problem, all the safety nets and fail safes that allow for the too big to fail attitude to exist,,,,,our gov't is supposed to be in place to break up monopolies, not encourage them,,,,,if something is too big to fail, then it is too big to succeed, so time to break them up into smaller companies,,,you can't have success without failure
. We had regulations in place but the gov't removed them to allow for their shitty plans for mandated prosperity for all (think CRA). There was once a time when financial institutions attempted to operate sound business and didn't like the idea of blowing themselves up,,,,,when the gov't hinted that they could do whatever they please and that mommy would be there to pick them up when they fell, well we all just witnessed what happenedin closing, people with opinions just go around bothering each other
30$ Silver by xmas 2010
0
GL
$1142.40
Helicopter Ben 
)
30$ Silver by xmas 2010 
just more lumps of coal for you
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