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Reply #23: "In other words, I expect sane policy to protect the American people " [View All]

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Home » Discuss » General Discussion: Presidency

ProSense

(1000+ posts) Send PM | Profile | Ignore

Sat May-22-10 12:47 PM
Response to Reply #22

23. "In other words, I expect sane policy to protect the American people "

The Boxer bill protects Americans, but you found a way to negate it by claiming it's bogus, as you have with most of the provisions in the bill.

"What is different than two years ago that we can now safely allow one of these institutions to fail? Again, keep in mind they are now all even larger than then."

The big banks are going to be broken up. The problem was that many were not purely banks, and the FDIC had no jurisdiction. That will no longer be the case.

In fact, this is the first time ever that this issue is being addressed.

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