Posted on 03/20/2013 12:42:42 AM PDT by Olog-hai
The EU has taken a step closer to establishing a full banking union with the European Parliament agreeing on a bill to see the appointment of an overarching bank supervisor. Lawmakers demanded several amendments. …
Under the plan, the European Central Bank would have oversight of Europe's biggest and most interconnected banks, while national authorities would supervise the rest. …
(Excerpt) Read more at dw.de ...
This is exactly what the EU is lacking: a single bank regulator or a superman if you will. They also need a good 5 year plan.
They already have a superman single bank regulator. A five year plan? For what purpose? So, the rest of the sinking ships, stay calm, until all the furniture is gone and the throats are being cut? Truly.
I think you’re underestimating the power of central planning. Look what the 5 year plan did for the Soviets, North Korea, Detroit and other places. Don’t attack what you don’t understand!
If we fail to central plan, then we plan to central fail.
Okay. You are right. Go with Central Govt... All hail the DumbAss
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