Does it bother anybody else ....

[James48843]

that today, those Banks which were "too big to fail" in 2008, are now LARGER than they were in 2008?

And that there are fewer of them now?

And that we owe, collectively, to the banks, more than we did in 2008?

And that Financial Entities (banks, brokers, market makers, etc) are now lobbying Congress to the tune of $1.5 million dollars PER DAY?

And that none of the 'reforms" that many of the so-called "experts" said needed to be done, like breaking up the banks into little pieces, and renewing the Glass Steagall act, have been done?




Does it bother anybody else besides me?

 

[Minnow]

How's this for a short and to the point answer?

Yes it does.

 

[nnuut]

I thought Dodd/Frankenstein was suppose to take care of all of those problems? Now that's where the blame should be targeted.

 

[alevin]

As per Minnow, YES! It does! That as well as elimination of Glass-Steagall that allowed the problem to develop in the first place.

 

[Buster]

Nope..Doesn't bother me at all..Don't know anything about it and don't care..Life is too short to worry or rant about something I have no control over..

 

[Cactus]

Yeah, but what are you going to do about it besides complain. I already do that, especially about none of the big fish going to jail but getting rewarded for it instead. It's just like your internet provider or any other monopoly. You can complain all you want to your elected officials but nothing changes because you aren't the ones making the big bucks to give them as campaign contributions. Don't blame me I vote anti-incumbent (kick whoever is in out); preferably someone not from the dominant two parties. :blink:

 

[weatherweenie]

In the words of Cinderella, the rock band, 'the more things change, the more they stay the same.'

that today, those Banks which were "too big to fail" in 2008, are now LARGER than they were in 2008?

And that there are fewer of them now?

And that we owe, collectively, to the banks, more than we did in 2008?

And that Financial Entities (banks, brokers, market makers, etc) are now lobbying Congress to the tune of $1.5 million dollars PER DAY?

And that none of the 'reforms" that many of the so-called "experts" said needed to be done, like breaking up the banks into little pieces, and renewing the Glass Steagall act, have been done?




Does it bother anybody else besides me?

 

[InsaneZane1]

It doesn't bother me at all. Why does it matter? It ultimately doesn't affect me much (if at all). And like Buster said, why worry about something you can't control?

 

[RobinHood]

Enjoy the volatility created by the kayos. Get good at technical charting and enjoy the ups and downs. Remember you are playing in the banks casino so play your game not theirs.