BK GUY

Bernanke's Speech of the Day

While it is true that we need a working COMMERCIAL banking system for the economy to function, there is no reason why we need ANY particular bank for that system to function. Why not use the printing presses to protect depositors, or shore up the capital of the responsible, prudent banks? Make the "good" banks stronger -- let the "bad" banks fail. Confidence cannot be restored to the passengers as long as the crooks and thieves continue to drive the car.