SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : American Presidential Politics and foreign affairs
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DuckTapeSunroof who wrote (68724)2/3/2014 12:33:25 AM
From: greatplains_guy  Read Replies (1) of 71588
 
A better choice would be to let those banks who have invested unwisely fail. People will seek out the stable banks which make wise investment decisions. The Fed has created a situation in which the failure of the system will cause unneeded disruption due to the enormity of it.

Simply get rid of the federal insurance guarantee. If a private reinsurer wants to get into the game, let them. Government does almost nothing better than for profit private entities. Since a person's or group's livelihood depends of the success of the private enterprise, they have enormous incentive to get it right and to cut their losses when they make mistakes.

Government simply creates more regulation to wrap around its failure.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News