OK, so now government will conscript depositers to underwrite the misdeeds of the banking executives who make exorbitant bonuses from decisions, that when they work, result in huge profits (or at least are accounted for as if they do), and when they fail, cause financial system disruption.

Talk about fascism in action ... when government takes the side of specific business people at the expense of the rest of the citizens.

I do hope I am around the day that the bankers and government cronies supporting them get the Mussolini treatment.

Where is the tax on banking executuve bonuses to underwrite the cost of the decisions they make requiring government bailout or depositer bail-ins ... a society who holds the wrong people accountable for erroneous actions is eventually doomed no matter how lethargic its lemings are at a given point in time, because the depth of greed increases ever more as more weight is added until the final straw is placed on the camels back.

Looking into elective lobotomy as the solution to my rage.

orgy