Comments on: How to cut the big banks down to size

By: AshleyTKing

AshleyTKing — Mon, 21 Jan 2013 00:11:27 +0000

“I submit that… these big banks are interfering with our central planning.”

I submit that you let bad banks fail, even if they are big. Let bankruptcy court sort it out.

By: tom daschle concerned

tom daschle concerned — Sun, 20 Jan 2013 23:42:48 +0000

Another 2000 regulations ought to pare down the size of the banks.

By: landlines

landlines — Sun, 20 Jan 2013 23:37:55 +0000

It’s really simple:

When the US Dollar has been devalued to less than $.01 by the continued irresponsible spending, there will be no reason to even have banks. What would you put in the vaults…magic beans???

We’ll have to revert back to a barter system.

By: Count to 10

Count to 10 — Sun, 20 Jan 2013 22:38:29 +0000

The banks are our government.

p0s3r on January 20, 2013 at 5:33 PM

Hardly, though they are making out like bandits brokering all the bonds going from the Treasury to the Fed.

By: p0s3r

p0s3r — Sun, 20 Jan 2013 22:33:02 +0000

The banks are our government.

By: Count to 10

Count to 10 — Sun, 20 Jan 2013 22:28:29 +0000

Probably the best thing would be to have fairly large franchises that handle things on the retail transaction level, that don’t themselves take risks, but just act as brokers for investment and lending, and lots of small investment houses that actually take risks and pay out interest. That way you still get the economy of scale on the retail end, while letting the investment houses go broke as necessary.

By: john1schn

john1schn — Sun, 20 Jan 2013 21:59:05 +0000

Considering what the CFPB is trying to do, and what Dodd-Frank is doing, it seems like the “too big to fail” government is the real problem.

By: halfastro

halfastro — Sun, 20 Jan 2013 21:52:27 +0000

If you are too big to fail, you are too big.

By: Schadenfreude

Schadenfreude — Sun, 20 Jan 2013 21:50:53 +0000

Meh, Obama is 100% in their pockets.