Re: Bill Moyers: Can We Make Banks Accountable?
in response to
by
posted on
Jul 16, 2012 11:22AM
" During the 2008 meltdown, she argued that in some cases banks were NOT too big to fail -- that instead of bailouts, they should be sold off to healthier competitors."
Was GM too big to fail? "O" thought it was so, instead of allowing the company to go through a normal reorg in Chapter 11, he gave control of the company to the UAW. That bit about making Chryslers bond holders take a subordinate position behind the UAW was pure thuggery.
The tax payer will never recover the bailout funds given to GM. Most, if not all of the banks, have already done so.....with interest.
In November, we have to stop this Hugo Chavez wannabe from harming this country any further. The problem is, Romney's campaign thus far is weak and ineffective. The Dems are tearing him apart with half truths and lies. He has to defend his business success aggressively and without reservation and, more importantly, explain why his plan for this country is a much better alternative to "O's" Socialistic vision. First, he has to explain, in detail, what his plan is. If he waits too long he will lose prospective votes. Frankly, I have no idea what his plan is......but I'm still going to vote for him :>):>)....knowing full well that a vote for an "R" presidential candidate in NJ is effectively meaningless.....too many welfare recipients happy to support the status quo.