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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (115020)6/8/2012 4:09:25 PM
From: Road Walker  Read Replies (1) | Respond to of 149317
 
LOL. Nope. You drew the wrong conclusion.

No I drew the historical conclusion. Allowing some banks to fail didn't stop them from failing on a massive scale 8 years later. And allowing them to fail 8 years later led to massive hurt and loss of wealth for a great portion of the country, including folks like you and me.

We're damned lucky that our leaders learned from that experience. I don't need no stinking bread lines thank you.



To: RetiredNow who wrote (115020)6/8/2012 7:09:39 PM
From: bentway  Respond to of 149317
 
" banking should be boring"

Yes, it should. Bankers should squeeze out a minimal payoff from the spread they make off loans.