G. Will: Time to break up the big banks

[spursncowboys]

Not a blue print of how, but more a plea to Conservatives of why.

http://www.washingtonpost.com/opinions/george-will-break-up-the-big-banks/2013/02/08/2379498a-714e-11e2-8b8d-e0b59a1b8e2a_story.html

[Wild Cobra]

The solution is to let them fail.

[boutons_deux]

No, you nationalize them, break them up,

separate insurance from banking,

separate retail banking from investment banking, 100% Glass-Steagal again.

bar retail banking from the Wall St casino,

require lenders to own and service their loans to maturity

make illegal the CDO/MBS industries

you kill MERS,

1% transaction tax on all stock trades,

bar high-speed trading,

etc, etc.

[Latarian Milton]

bankers fucking own the government. money is the strongest power in the world today and banks have the most of it tbh

[LnGrrrR]

Sounds good to me, but good luck getting it passed...

[mavs>spurs]

people finally realizing what alex jones has been saying for 20 years, that the banks are running the show? late to the party..but once again you liberals fail by pointing the finger at the corporate banks only but failing to recognize the greatest evil of all, the private federal reserve. but i guess liberals are going to be predisposed to be ok with that, since it has "federal" in the name even though it's not federal at all. hey, how about we print our own money instead of outsourcing it to some shady group with foreign stakeholders?

[Winehole23]

you're late to the party, m>s. people been saying this on this board for years, and you're hardly the first.

[Winehole23]

doubt alex jones was the first, tbh.

[Winehole23]

also. if Obama did it, Alex Jones would be about the first one to scream that Obama was nationalizing the banking sector . . .

[Winehole23]

and he would be right, because that's what breaking up the big banks means . . . not that he would ever be man enough to admit it . . .

[Winehole23]

Alex Jones would denounce the solution he's pretending to call for, as tyranny . . .

[boutons_deux]

"private federal reserve"

maran, the bankers formed and operate the Fed :lol

That's why Bernanke/Geithner bailed out the financial sector, not the economy.

[spursncowboys]

and he would be right, because that's what breaking up the big banks means . . . not that he would ever be man enough to admit it . . .

Making the same laws for other industries to avoid monopolies, for banks, wouldn't be nationalizing. Am I missing something?

[whitemamba]

If possible this would be great, the source of our problem is these fuckin greedy bankers.. Their mentality is the bigger the banks get, the more we have to bail them out, because if we dont bail ou the banks the world will "collapse" in essence. Banks>Govt> Us