Toddsterpatriot
Diamond Member
- May 3, 2011
- 102,030
- 36,097
In free market capitalism when a business fails, it fails right?
In free market capitalism, businesses that make bad decisions fail.
So you approve of widespread bank failures, because you love free market capitalism.
I would prefer they not take the risks and corrupt actions that get them in trouble.
I know, writing and buying mortgages...….crazy!
Because that is what got them in trouble? It had nothing to do with packaging bad loans as good investment?
That is what caused the S&L crises?
Of course writing and buying bad mortgages is what got banks into trouble.
It was in all the papers.
You never explained which regulations would have stopped them from doing that.
I replied to that.
Running away was your reply.