On the Horizon: 5 of 8 Major Banks Require Another Bailout

0

Federal regulators are warning of five major bank bailouts out of eight financial institutions that are allegedly too big to fail.

The fact is, if any one of these institutions collapsed, it would trigger the recession to get much worse much sooner.

If they are too big to fail, then the government must be very careful to do nothing to cause investors to lose confidence in them. The banks have every reason to believe that the government is too afraid of the economic consequences to ever seriously penalize them.

Read more at Constitution.com

Posting Policy
We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse. Read more.

Trending on Liberty Alliance

STAY IN THE LOOP
Don't miss a thing. Sign up for our email newsletter to become a Liberty Alliance insider.