Free Republic
Browse · Search
News/Activism
Topics · Post Article

Something major? War has worked in the past.

Justin Welby calls for introduction of regional banks
Ben Quinn -The Guardian, Monday 22 April 2013 18.51 EDT

"The Anglican leader said the simplest solution to recreate a local banking system was "recapitalising at least one of our major banks and breaking it up into regional banks".

He cautioned against allowing the banking system to become too concentrated in the mistaken belief that it was safer. "As a bank, you can be big and simple or small and complicated, and do well. If you get big and complicated, you become unmanageable," he said.

http://www.guardian.co.uk/uk/2013/apr/22/justin-welby-labour-regional-banks

"Too big to fail."

1 posted on 04/22/2013 10:27:32 PM PDT by haffast
[ Post Reply | Private Reply | View Replies ]


To: haffast

Wait a sec. The head (after the Queen) of the Church of England is also on the parliamentary banking commission? Isn’t there some rule about serving God and Mammon?


2 posted on 04/22/2013 10:37:55 PM PDT by ReignOfError
[ Post Reply | Private Reply | To 1 | View Replies ]

To: haffast

Countries that spit in the face of God shouldn’t expect anything positive.


3 posted on 04/22/2013 10:50:07 PM PDT by Viennacon
[ Post Reply | Private Reply | To 1 | View Replies ]

To: haffast
Something major? War has worked in the past.

Let's hope for something a little less drastic this time.

6 posted on 04/23/2013 12:17:03 AM PDT by Vanders9
[ Post Reply | Private Reply | To 1 | View Replies ]

To: haffast

This Archbishop has made more sense in two or three sentences than I ever read out of that old Druid Rowan Whats-his-name.


7 posted on 04/23/2013 2:36:50 AM PDT by GadareneDemoniac
[ Post Reply | Private Reply | To 1 | View Replies ]

To: haffast

The Archbishop of Canterbury obviously cannot run the Anglican Church but he thinks he is a banking expert?


8 posted on 04/23/2013 4:08:58 AM PDT by iowamark
[ Post Reply | Private Reply | To 1 | View Replies ]

To: haffast

I agree with his assessment and solution. The USA banking was best when it was local!!!!


10 posted on 04/23/2013 5:10:46 AM PDT by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson