Re: The FCIC falls apart
"Peter T. Chattaway" <petert-LOVM4QxV+tDq6eQxt3vRmLDks+cytr/[email protected]>
| Newsgroups | gmane.music.dadl.ot |
|---|---|
| Message-ID | <[email protected]> |
On Fri, 17 Dec 2010, Lance McLain wrote: >>> Last Wednesday, just hours after securing the position of chairman of >>> the House Financial Services Committee, Spencer Bachus, R-Ala., told >>> the Birmingham News that "in Washington, the view is that the banks >>> are to be regulated, and my view is that Washington and the regulators >>> are there to serve the banks." >>> http://www.salon.com/technology/how_the_world_works/2010/12/15/the_fabulous_bankers_boys_from_alabama >> >> And that's kinda like saying they're there to serve the people, yes? >> Yes? :/ > > uh....no. In what possible way could that ever be the case? Just following the right-leaning rhetoric regarding who serves who. Does X serve the government or does the government serve X? If you think it doesn't make a difference who "X" represents, well, then ... > Who owns the banks? Private citizens, rather than public institutions. In theory. -- dadl-ot mailing list http://mail.thehood.us/mailman/listinfo/dadl-ot_thehood.us http://news.gmane.org/gmane.music.dadl.ot