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Motown_Johnny

(22,308 posts)
4. How did you miss this?
Thu Apr 7, 2016, 11:09 AM
Apr 2016


When asked how he would break up the big banks, Sanders said he would leave that up to the banks. That’s exactly the right answer. The government doesn’t know the most efficient way to break up JP Morgan; JP Morgan does. If the point is to downsize the banks, the way to do it is to give them a size cap and let them figure out the best way to reconfigure themselves to get under it.



Does a cop tell you exactly how to drive? No, they tell you what you can't do and you do what is allowed.

The way to break up the banks is to explain what they can't be and allow them to alter themselves to fit within those parameters.

How is that confusing to anyone?




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