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Clearly the massive financial corporations, the ones that are too big to fail, are a problem. The massive bailouts are killing current and future taxpayers.
We are not helpless.
The Treasury Department claims to be doing stress tests. I wonder if they are testing the really big ones like Citi and Bank of America and AIG. Is the government going to break up the institutions that are too big to fail? I doubt it.
This is where citizens come in. If lots of citizens move their accounts and take their business to smaller regional or local banks and credit unions, we can provide a really good stress test for the big nationals that are out of control and have done such damage, yet splurge at taxpayers expense. Even if they do not splurge, if they are too big to fail, then they are too big to save.
Lets do it! Lets move to smaller prudently run banks and credit unions.
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