Sunday, May 10, 2015

Go git'em Ms. Warren...

Great article about Elizabeth Warren's taking on the "Too Big to Fail" banks. We need more politicians like Ms. Warren. The banks need to help the economy not put it at risk. Banking should be about moving money from those that save to those that need loans. They should make a profit but not the huge profits they currently make with the strange games they play with finances and the leverage. It's time to declare that these large banks are a national security risk and have them separate banking from their other activities that put them at risk of collapsing our economy. They can play all the games they want outside the banking sector and if they lose at the games they are playing then those business goes bankrupt without taking down the banking sector with it.

 http://www.bloomberg.com/news/articles/2015-05-05/why-elizabeth-warren-makes-wall-street-tremble

Go give it a read.

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