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To: BobL
These people simply have to be REGULATED TO DEATH, or the same will happen again. And I say that as a free-market person

Hilariously hypocritical. Nice Nanny State philosophy there.

How about less regulation and some caveat emptor. No more taxpayer bailouts or government insurance for risky behaviour

You may have noticed, apparently not, that all these Bank Bailouts have come after GREATER AND GREATER regulation. Hows that working for you?

18 posted on 12/13/2014 10:22:00 AM PST by corkoman
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To: corkoman

“How about less regulation and some caveat emptor. No more taxpayer bailouts or government insurance for risky behaviour.”

That’s fine...never happen though.

“You may have noticed, apparently not, that all these Bank Bailouts have come after GREATER AND GREATER regulation. Hows that working for you?”

I still don’t remember a single person in that business having ANY PROBLEM AT ALL with those loans...but then maybe I missed something. In most business, if they are pushed to do something dumb or costly, people COMPLAIN...but not bankers, not at all.


39 posted on 12/13/2014 1:47:14 PM PST by BobL (I'm so old, I can remember when most hate crimes were committed by whites - Thomas Sowell, 2014)
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