Politics
Politics
Out of context: Reply #5377
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- TheBlueOne0
@Tommyo's note above: The government "created" this by not doing the work of a reasonable government - letting the banking industry regulate itself and looking the other way. Sure, the Fed Reserve pushed interest rates to a ridiculously low level, but last I cheked the Fed is a private institution that arguably pulls governments fiscal policy strings and decidedly not the other way around.
Why not nationalize the banks? At least that way their might be some small measure of accountability to the voters. As it as, can you or I or any Private Q. Citizen walk into the Fed and tell these rich masters of the universe to fuck off? Not so much.