css1971

Are Big Banks Too Big to Fail?

Regulated? Oh come on, you must be kidding.

The Federal Reserve is a cartel set up to protect and serve the biggies in *exactly* this kind of situation. And it is working like a bloody charm.

Here's the thing. If you are "too big to fail" then you are literally, a threat to national security. If you are a threat to national security then you should be run as a government department. The banks which are too big to fail should become fully owned parts of the treasury. Otherwise you just have a government supported and mandated oligopoly.

Don't Blame Deregulation For This Crisis, It's All About Lack of Regulation

And yet... The government is regulating 700 billion into the pockets of these people... That doesn't sound like a lack of regulation to me. It sounds like a whole lot of regulation.

Would you like to know what would really happen with a lack of regulation? They would collapse. The lot of them. They would dissolve in the toxic mess they had created and people would be just a little more wary of trusting sharks with their money because they know the nice government men aren't going to step in and save them from their own folly.

In a truly deregulated market, trust and reputation would have to be earned... and would be worth it's weight in gold.

Can Capitalism Survive Its Latest Entanglement With Socialism?

"In order for the markets to work properly in the future, they must feel pain and moral hazard. I am not sure why the brokerage firms should be bailed out while Main Street was blithely ignored."

Ehm... Who do you think owns the government?

Where's the Bottom? Still Anybody's Guess

Good article.

However, it's clear that the existing monetary system will survive. It has survived, and grown from the Rothschilds in Frankfurt and Patersons creation of the Bank of England several hundred years ago.

The next step on the march is the establishment of a world bank with world currency based on the same principles. You see the central bankers and politicians calling for it already. The only way to have a stable financial system they say...


Eh... how about not basing it on debt...

It does mean that we and our children are born into and live our lives within a tremendous fraud, a massive financial trap... I'm buying gold and silver because they are freedom. How ironic.

This Is Not "the Big One"

The FED has an essentially infinite supply of paper. You will all be trillionaires before there is another "Big One".

Lehman Is Just the Thin Edge of the Wedge

Who exactly do you think the government works for?

The people?