Saturday, January 19, 2013

A very credible source talks about the Mega Banks.

While I doubt many if any of you will take the time to read this, I think if you would you'd better understand why I've been so down on the the Mega Banks ever since the financial meltdown of '08.  As things are now we're setting ourselves up for another huge economic catastrophe.  This proposal is gaining traction.  I have my fingers crossed!

S

11 comments:

  1. An interesting article. It's time to make changes.

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  2. Very interesting. The elimination of portions of the banks activities from protection would be a good starting point.

    Kathy

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    1. You bet. I'd settle for that....as a good start.

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  3. Article is right on, but alas, I have little confidence that things will change.

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    1. I'm mildly optimistic, but not at all cocky about its chances.

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  4. They shouldn't have let those banks all merge in the first place.

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    1. They have made enough political contributions they can get pretty much whatever they want. I hope things have changed a little now that the taxpayers are so up in arms.

      S

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  5. Change will come if enough people get pi$$ed off enough...

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    1. I'm doing all I can to stir the pot, Peeper. :)

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