If the GOP wants to succeed wildly, they would declare open war upon the bankers and their fraud schemes. Drag them into the light, conduct hearings and re-instate FASB 157 for starters.
The GOP should then take down the banks that fail as a result, clear out the senior management (and much of the middle management too), sell off the parts that are stable and not insane to those who can afford to buy them, form a RTC-like entity to take care of the rest of the crap, resolve the bank issues and allow the economy to function again.
The GOP should also call the Fed onto the carpet and start quizzing them as to why they allowed the situation to get so far out of hand, with the aid and encouragement of the Fed all along.
Stop sabotaging the success of our industry by communist BS and enfeebling crooked deals that make us uncompetitive in the global marketplace..
“If the GOP wants to succeed wildly, they would declare open war upon the bankers and their fraud schemes.”
I think that’s a winner. Call them out. We’ve got 2 years to educate the public. Must change the opinion that all money goes to pubs.
Nov 2 is only the 1st shot... there’s a long way to go.
Excellent - But who is going to lead the charge?