Mr. Moberg spells out everything so well. There is one thing missing, I think. That's size. One aspect of the bail out that bothers me, though there are many, is that it is already leading to more and larger mergers. Banks quickly took advantage of taxpayer money to scoop up hurting institutions (here in Cleveland is was National City). There is also talk of the auto corporations doing the same. In the debate of whether to give companies hand-outs or let them collapse, the problem is we can't let them collapse because they are too big and would play havoc on …
- Joined December 20, 2008
- Last Visit December 20, 2008
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