Election 2012

[glatt]

Because if we didn't bail them out, they would have taken us all down and it would have been worse than the Great Depression. Things were that close 4-5 years ago to really going into the toilet. We would all be trying to sell pencils from a plastic dixie cup on the street corner. Too poor to afford a tin cup.

The question is, why do we acknowledge that the businesses are now too big to fail, and we have set the precedent that we will bail them out when they get into trouble, and yet we aren't doing ANYTHING to slice them up into smaller businesses that can fail without hurting us?

We broke up Ma Bell. Why can't we break up these horrible banks? When it comes to businesses, big is bad. It's self defense. Break them up already.

[classicman]

Originally Posted by glatt

we aren't doing ANYTHING to slice them up into smaller businesses that can fail without hurting us?

We broke up Ma Bell. Why can't we break up these horrible banks? Break them up already.

Agreed. It is long past time and those with the power to do so have failed us - all of them.