to big to fail

[maui1]

if this was the one major thing that caused the risk and the need for a bailout of that risk, why hasn't it gotten better instead of worse?

[Deleted]

Mar 10, 2011 15:37:52 GMT -5 @maui1 said:

if this was the one major thing that caused the risk and the need for a bailout of that risk, why hasn't it gotten better instead of worse?

Big banks should be carved up into failable-sized regional banks.

[texasredneck]

Agree with Archie 100% on his banking solution.

[vl]

Read Flow5's Fed Watch thread. Understand why nothing has been done to super regionals to-date. We don't "need" banks- as they are structured today- at all. We need- state limit boundaries, required re-investment, credit and trust within those boundaries only and strict portfolio requirements. We don't need Wall Street involvement in credit, national anything and less Bankruptcy Act legalese in credit issue resolution. Banker should not be a get-rich position. It has no relative risk compared to the current windfall rewards.

[reasonfreedom]

I would suggest watching "Inside Job", after watching you will realize how "to big to fail" will most likely never go. It shows how all of the well know economist are consultants for the big banks and write articles to back up anything the banks want them too. A lot of these economist or CEO\CFO bankers become part of the current administration. When the Bankers run the people in government, you will never get proper regulation or you will get loop holes that come with it. Like you said the Banks have become larger than before Chase, BofA, GS, ect... With a crisis they just soak up the smaller banks and therefor gather more power and sway. The only way we are going to change is if you get a president that isn't a puppet and doesn't hire bank lobbyist\consultants. If we do get a president like this then his presidency will be short-lived. For instance look at JFK, he wanted to abolish the Fed Reserve(a collective group of banks) and then he was mysteriously shot. Have a revolution and take down the bankers or just accept the knowledge that the bankers will always win and use it to your advantage. Everybody has a price or gets shot and the bankers have the money to buy both it is just that simple.

[maui1]

i can't believe how quick we forget what was important to fix, just a few years ago.

'to big to fail' was supposed to be our number 1 priority..... and now, just two years later........no one cares.

no one cares until it happens again.........and then everyone will be yelling why nothing was done to fix the problem when we all knew it was still there, and was never fixed.

[maui1]

do you know why it was never fixed?

gov't intervention 'kicked the can down the road'.........as it always does with everything that needs to be done.

the free market would have fixed the 'to big to fail' issue by letting these 'to big to fail' fail!

we would have fixed the 1974 oil shortage issue, if the the gov't did not inter-fear by throwing a bunch money at what they wanted done, which did not get done, time went by and oil prices went back down, then we all forgot the problem was still there and was not fixed.

our gov't does this with everything.......they get involved......nothing gets done.....time moves on, we forget, and the problem happens again down the road......but the next time the problem gets a little bigger.

when are we going to learn..........and when are we going to tell our gov't to STOP with all the intervention.

our gov't needs to get small, real small, quickly.

this is a race for our countrie's survival.

[Deleted]

I agree somewhat will that, but the free market is not a perfect solution, either. The highs are higher and the lows are lower with a free market. That is not necessarily a great thing.

[maui1]

highs and lows are only extreme, when starting from and area that had gov't intervention.

in a pure free market, things fix themselves pretty quickly. you can see this happening in small sample examples.

3 years ago, gas was at 4 bucks, people stopped driving. demand went down, prices went down.

don't you get mad that america has not fixed a problem in 100 years?

every time our gov't gets involved in an issue.....it compounds the issue to the point of confusion, nothing gets done.....and we move that problem down the road for another day.

[Deleted]

Mar 11, 2011 11:53:57 GMT -5 @maui1 said:

highs and lows are only extreme, when starting from and area that had gov't intervention.

in a pure free market, things fix themselves pretty quickly. you can see this happening in small sample examples.

3 years ago, gas was at 4 bucks, people stopped driving. demand went down, prices went down.

don't you get mad that america has not fixed a problem in 100 years?

every time our gov't gets involved in an issue.....it compounds the issue to the point of confusion, nothing gets done.....and we move that problem down the road for another day.

gas is one of the least free markets of any product.

[maui1]

if our gov't did just what they were created for........we would still be a vibrant growing country

if the gov't made sure individual rights were protected, we would not need all the gov't agencies that make for confusion and delusion.

[maui1]

gas is one of the least free markets of any product.


don't use my one example to argue your point.....it does not become you

[Deleted]

Mar 11, 2011 11:58:12 GMT -5 @maui1 said:

gas is one of the least free markets of any product.


don't use my one example to argue your point.....it does not become you

Everything becomes me..

[maui1]

dust to dust?