| highwaystar101 said: ...Doesn't seem anywhere near as bad as you made it out to be when you read the whole article. It's not like the idea is to have a socialised banking industry where what Obama says goes and he has 100% power over everything. He just wants a bit more control over the financial sector during the economic crisis. It wont destroy the country and it wont take away all your rights. If he was to set up a national bank and dissolve all the others, then it's going too far. |
I read it, and yes he made sound worse than what I actually read. But first off change that more control during crisis, to more control for as long as they can keep it. And second off, regulation by an outside source like the US government causes inefficiency. I work with the government first hand and know they are inefficient. When I go out to the test grounds they have enough people around that everyone has a backup incase someone else gets tired during a 12 hour shift. I have no backup, and the government won't pay for a backup for me, but they will for all the low level button pushers who are only allowed to push 1 button over and over again the entire night they are there. If I need a different button pushed, I have to call the other guy who is allowed to push that button. I'm sorry, but I don't have much trust in the government handling this very well either.
