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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
ck4829 (1000+ posts) Send PM | Profile | Ignore | Sat Mar-07-09 02:49 PM Original message |
If something is so big that it creates disaster if it fails, then why on Earth does it even exist?! |
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Jackpine Radical (1000+ posts) Send PM | Profile | Ignore | Sat Mar-07-09 02:52 PM Response to Original message |
1. Bernie Sanders said that, didn't he? "If it's too big to fail, it's too big to exist." |
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FormerDittoHead (1000+ posts) Send PM | Profile | Ignore | Sat Mar-07-09 03:04 PM Response to Original message |
2. Yes. They should have never been ALLOWED to grow as they did. |
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Mika (1000+ posts) Send PM | Profile | Ignore | Sat Mar-07-09 03:07 PM Response to Original message |
3. You mean, like the environment? |
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ck4829 (1000+ posts) Send PM | Profile | Ignore | Sat Mar-07-09 03:08 PM Response to Reply #3 |
5. We can't break up the environment into smaller mini-environments |
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LuvNewcastle (1000+ posts) Send PM | Profile | Ignore | Sat Mar-07-09 03:07 PM Response to Original message |
4. There used to be regulations that disallowed |
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Tierra_y_Libertad (1000+ posts) Send PM | Profile | Ignore | Sat Mar-07-09 03:09 PM Response to Original message |
6. Because the folks "regulating" them get payoffs from them. |
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Raven (1000+ posts) Send PM | Profile | Ignore | Sat Mar-07-09 03:09 PM Response to Original message |
7. Stop confusing me with common sense, will ya? :-) |
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kestrel91316 (1000+ posts) Send PM | Profile | Ignore | Sat Mar-07-09 03:34 PM Response to Original message |
8. Why? That's simple: HUBRIS. |
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HysteryDiagnosis (1000+ posts) Send PM | Profile | Ignore | Sat Mar-07-09 03:59 PM Response to Original message |
9. It's interesting how we have created a ticking timebomb and |
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applegrove (1000+ posts) Send PM | Profile | Ignore | Sat Mar-07-09 09:25 PM Response to Original message |
10. Canada has huge banks. And they didn't fail. Because they were properly regulated. |
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