Gimme Just One Reason


We simply want to see one, logical, clear explanation for why we shouldn’t break the banks apart — or bring back Glass-Steagall, separating investment banking and trading activities from commercial banking.  In our opinion, no one has rationally shown why the economy is better off when three or four banks dominate the land, as opposed to breaking them apart, ending “too big to fail,” and letting competition run free. In fact, the evidence seems to thoroughly disprove it.

via It’s Time to End ‘Too Big to Fail’.

Published by Andy

Gay Hoosier Taurus INFJ ex-playwright pianist gymbunny published author in San Francisco.