Wednesday, May 23, 2012

Regulate the Banks

I've been thinking about the need to bring back real banking/ investment regulation and have come to the conclusion that we should do something.  I would go along with the libertarians that the marketplace will regulate the banks.  No these are mega institutions that have the ability to destroy the economy which affects people who did not have any dealings with the banks.  So government has to step in to protect us from these predators.

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