mikefarr

Diana Farrell And The White House Theory Of Bank Size

"I doubt anyone at any of the big banks particularly enjoys the oversight they already have." Such could be said for any felon in prison. It doesn't mean anything.

"Painting the picture that the governemnt and the banks are in cahoots is WAY off base." Citation? Argument? Just look at the numbers of regulators, economic envoys to the G20, Treasury Secretaries, protégées, bank and thrift regulators and others who are from Goldman Sachs alone, or those that go from regulating agencies to Wall Street and, like Carl Sagan used to say, "extraordinary claims require extraordinary proof." GreedCanBeGood offers nothing but empty assertion. He would have us suspend human nature (that our regulators are saints and suffer no conflicts of interest) in order to believe in an unregulated system based on the exact opposite qualities of human nature.

Fantasy and rubbish. Anyone fool make a mistake but it takes true genius operating under moral hazard to crash an economy.

BTW, I'm a free market capitalist. Imagine what the average American thinks.

Mike