Does Universal Healthcare include Illegal Immigrants?

[Avinash_Tyagi]

HappySqurriel said:

Avinash_Tyagi said:
@Happy, Well that falls under TBTLF (too big to let fail), however even with that, many big financial institutions died, and others were gutted, and stockholders and investors were decimated, so even with the government protection a lot of these financial institutions suffered because of their bad practices, so its not like they got off without any problems.

So they still had a duty to their shareholders and investors to undertake better practices, and they failed to follow through.

The problem is that when the banks that are "Too Big To Fail" have no restrictions on lending practices because they're protected, the smaller banks have to make insane loans just to survive ... If the government wasn't playing around in the market this crisis would have never happened.

Big banks failed as well though, and a lost of small banks survived, and in many cases didn't need bailouts, so the argument that small banks had to make crazy loans and Big banks were protected isn't true, as for the government causing it, the thing is, the government only incentivized loans, the bad practices were the banks, the government created an environment where stupidity could occur it was the institutions and borrowers who provided the stupidity, then there were the other issues like new financial instruments and unregulated banking aspects that were drivers in the downturn, but where not the result of government action, not to mention the level of private debt and overleveraging.