Actually no, I don't believe that--you are exactly right: only congress has the ability to end TBTF and they have not done that, nor will they anytime soon.
The only thing I will press you on is that when Bernake says--the way things are now--there will be no more bailouts...
OK maybe he's not lying but if that's the case... then he's clueless. Of course there will. If congress/the president were serious about no bailouts, they would have legislated a situation where one would never be required.
Don't you agree?
Warren Pounces, Bernake Lies, You're Still Screwed
39 posts
• Page 3 of 4 • 1, 2, 3, 4
Re: Warren Pounces, Bernake Lies, You're Still Screwed
by J.K. Gregg » Thu Feb 28, 2013 5:13 pm
Objectivist, IT professional, news junkie, geek, and husband. Formally known by Tetracide. I do the twitter @jk_gregg.
You're wrong until proven correct.
You're wrong until proven correct.
-
J.K. Gregg - Senator
- Posts: 1612
- Joined: Wed Nov 28, 2012 11:54 am
- Location: Northern California
- Gender:
- Has thanked: 79 times
- Been thanked: 114 times
- Political Leaning: Objectivist
Re: Warren Pounces, Bernake Lies, You're Still Screwed
by exploited » Fri Mar 01, 2013 9:33 am
You should probably edit the title of your thread, as there has been no evidence presented of him lying.
-
exploited - Vice President
- Posts: 23035
- Joined: Fri Sep 14, 2012 2:32 pm
- Location: Ontario, Canada
- Gender:
- Has thanked: 2562 times
- Been thanked: 1837 times
Re: Warren Pounces, Bernake Lies, You're Still Screwed
by Indy » Fri Mar 01, 2013 2:35 pm
Where are you getting the idea that the banks will voluntarily downsize when the economy comes back?
Or that they will not bail out a TBTF bank were it to fail?
Or that they will not bail out a TBTF bank were it to fail?
-
Indy - VIP
- Posts: 8547
- Joined: Mon Aug 20, 2012 1:46 pm
- Location: Chicago, IL
- Gender:
- Has thanked: 46 times
- Been thanked: 289 times
- Political Leaning: Libertarian Socialist
39 posts
• Page 3 of 4 • 1, 2, 3, 4
Who is online
Users browsing this forum: No registered users and 222 guests