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Politics : Politics of Energy
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To: Little Joe who wrote (8404)5/21/2009 4:25:05 PM
From: RetiredNow  Read Replies (1) of 86356
 
True and what Bush started, Obama has continued. However, the banks are paying back their loans, which means they will be free of gov't control shortly. Read the papers.

My view is simple. If the situation gets so dire that the government needs to interceded by lending money or giving money to an institution because they are too large to fail, then the government's primary purpose right after that bailout should be to break the institution apart and sell off the parts. No institution should be too big to fail. If it is too big, because it would take the economy down with it, then that is our first clue that we did not have oversight by our anti-trust regulators. Either let it fail or if the gov't has to intercede, force it into bankruptcy and sell off the parts.
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