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Senator Warren Should Know About This
■ The next monster taxpayer-financed bank bailout could spark a revolution. Find me anyone who isn’t a friend of Big Money who doesn’t hate the Bush-Obama bailout. Dem, Republican, Libertarian, frog-on-a-rock — no one liked the bailout.
■ This takes a taxpayer-financed bailout off the table as the next way to make bankers whole when they stumble.
http://www.truth-out.org/opinion/item/15500-think-your-bank-deposits-will-always-be-100-percent-guaranteed-by-the-fdic-think-again
I don't know how much validity there is to this, but at least something to think about.
2 replies
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= new reply since forum marked as read
