Hillary Clinton

jmowreader

(52,858 posts)

10. His opponent's position is that we need the big banks, strange as it may seem

Tue May 24, 2016, 05:23 PM

May 2016

In 4Q2015, General Motors had net income of $6.266 billion. ONLY a big bank can deal with that much money.

Breaking up the big banks will NOT solve the problem of bank failures killing the economy - the 1,043 S&Ls that failed in the 1980s were not "big banks" but their collapse did a Number Six on the economy. Regulating the banks, so they don't do stupid shit like invest in junk bonds and junkier derivatives, is what you want to do.

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Sanders bank plans too vague to succeed [View all] Yo_Mama_Been_Loggin May 2016 OP

But he was correct RickHworth May 2016 #1

Nah, BS wasn't correct.. he needed to do his homework and now it's too late. Cha May 2016 #2

Correct on what? Yo_Mama_Been_Loggin May 2016 #3

This is the Clinton Group shenmue May 2016 #4

His opponent's position is that we need the big banks, strange as it may seem jmowreader May 2016 #10

ALL of Sanders' plans were too vague calguy May 2016 #5

Sanders doesn't even understand the basic issue. stopbush May 2016 #6

"We'll figure it out later" isn't a terribly convincing argument, as they noted. TwilightZone May 2016 #7

Repeating talking points may rev up crowd but it's not a plan SharonClark May 2016 #8

Reminds me of the grumpy old man yelling at the kids on the street to get off his property. fleabiscuit May 2016 #9