Wednesday, March 14, 2012

Big bank bailouts are necessary


“Too Big to Fail” is cited as the reason why big bank bailouts are necessary. When George Shultz was Treasury Secretary and encountered this defense, he allegedly replied: “Then make them smaller.” In what appears to be an increasingly State-complicit media, not much is heard regarding opposite beliefs. A range of different views are presented by George Washington.
To many, the Washington-Wall Street connection is seen as a convenient partnership that works well for them but not necessarily for the rest of the country. From this viewpoint, one understands why the biggest rocks are not overturned. They hide the biggest lizards, rodents and other critters.

No comments:

Post a Comment

Holdem Poker