Forum Post: Simple Rule for Banks = If it's too big to fail, it's too big to exist!
Posted 12 years ago on Oct. 25, 2011, 2:43 p.m. EST by jeivers
(278)
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Prosecute the banking criminals that destroyed our economy in 2008!!!
http://jessescrossroadscafe.blogspot.com/2011/10/bill-black-what-id-demand-of-fed.html
The bigger they are the harder they fall. Let's get them!
We have to elect politicians that will support a real over haul -- Occupy has started the discussion and now people have to get motivated to get involved on the ground in primaries everywhere to throw the current bastards out and get champions of the 99% elected!
The idea that any of the banks were too big to fail is a myth. There were plenty of banks with enough capital to buy the ones that were going under, but Paulson forced them all to take the bailout and dragged them all down with the bad ones.
http://market-ticker.org/akcs-www?post=196125
"The taxpayer was just plain robbed by the government and banks acting together." I doubt Paulson and DC forced this on anyone but the taxpayers. http://market-ticker.org/akcs-www?post=196348
If the FDIC can't handle the Takeover of an insolvent bank than it is too big!
True. But that could have been solved by increasing FDIC fees to the banks so the system would be balanced.
That makes no sense - clarify your point about how that would help manage a too big too fail bank that goes insolvent?
agreed.
http://occupythiswiki.org/wiki/Main_Page
http://www.followthemoney.org/?gclid=CMbY87bB-qsCFUPt7Qod9HE8mQ
http://maplight.org/us-congress/guide/data/money?9gtype=search&9gkw=list%20of%20campaign%20donations&9gad=6213192521.1&9gag=1786513361&gclid=CP61oYbB-qsCFQFZ7AodcTF0jw
http://www.opensecrets.org/
http://occupywallst.org/forum/non-violence-evolution-by-paradigm-shift/
agreed and all that was involved with the bail outs in government as well.