krzymike

Is There Any Limit to Bank Arrogance?

The government is trying to further control private banks through their policies.

Your statement "The government has to guarantee their debt and injects billions and billions of dollars to shore up their capital base on extremely generous terms" is BS in that not all banks needed or wanted the government cash and would get penalized if they paid it back earlier than the government wants. Then, the government wants to put limits on ways that the banks can create earnings, which is counter to making them more solvent. The right hand doesn't know what the left hand is doing as far as this administration.

Finally, Some Disclosure from Companies That Received Bailout Funds

The Fed forced some banks to take the money - Wells Fargo was one of them. This is more effort at government control of private business. Let the weak fail and the strong survive. The down side would be shorter in duration. Government interference and bailout will only make the recession longer.