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Republicans don't go easy with the FDIC on Chairman Bair's last day, pushing for lower capital...

Republicans don't go easy with the FDIC on Chairman Bair's last day, pushing for lower capital standards for community banks at a hearing. At issue, the GOP's worry over-regulating banks will hurt the economy vs. the FDIC's position tough standard are needed to keep banks from making risky loans.
Comments (6)
  • Poor Texan
    , contributor
    Comments (3529) | Send Message
     
    All loans are risky! That's why you have collateral and higher rates for riskier loans. Automobiles, homes and business assets are repossessed when a loan is not repaid. Why would you want to keep banks from making loans? And where would the banks get the income to pay interest on deposits (for those old enough to remember that) without loans?
    8 Jul 2011, 01:17 PM Reply Like
  • Monngie
    , contributor
    Comments (928) | Send Message
     
    GOP pushing for lower capital standards.

     

    That's what got us into this mess in the first place. Did you forget already!

     

    Shiela Bair isn't trying to keeping banks from making loans. She's trying to keep them from making STUPID loans.

     

    And where would the banks get the income to pay interest on deposits if they make a pile of STUPID loans and they go in the dumper.

     

    Geez Tex, we've been there and done that. Have you been visited by Al Z. Heimer?
    8 Jul 2011, 02:22 PM Reply Like
  • montanamark
    , contributor
    Comments (1434) | Send Message
     
    hilarious - our fed gov is worried about risk. how about the risk of massive trillion dollar deficits? how about the risk of treas. raiding fed employee pension funds to play their ponzi games?
    8 Jul 2011, 01:22 PM Reply Like
  • Monngie
    , contributor
    Comments (928) | Send Message
     
    How about they......the have to go to the pension fund because the
    Republicans won't pass the debt ceiling. They cause a crisis and then blame it on the Democrats.

     

    And you believe this crap cause your glued to Ruppert Murdock.
    8 Jul 2011, 02:14 PM Reply Like
  • Duude
    , contributor
    Comments (3358) | Send Message
     
    We're better off with less government regulation but rather to tie a 10 year clawback of corporate executive earnings should reckless management lead to failure. That way they can analyze risk as if it was their own, which it would be.
    8 Jul 2011, 01:38 PM Reply Like
  • Monngie
    , contributor
    Comments (928) | Send Message
     
    Sheila Bair is one of the few people on the planet I could vote for without any reservations. She's the smartest out of all of them.
    8 Jul 2011, 02:10 PM Reply Like
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