The Mudcat Café TM
Thread #118656   Message #2570688
Posted By: bald headed step child
19-Feb-09 - 05:17 AM
Thread Name: BS: Solution for Rotten Economy
Subject: RE: BS: Solution for Rotten Economy
Buying back the Federal Reserve, then re-regulating the system seems to be the most likely course.

Nationalising 22,000 banks is a little more than they can bite off in the opinions of most of the experts I've heard.

It also punishes the majority of banks that have been run honestly.

Mutual Societies are called Credit Unions here and are another type of animal.

I don't see that happening here, but nothing about this subject surprises me anymore.

BHSC