As a follow-up to last night's post about Bill Black (see post below), this article tells of a new report by a Congressional panel which advocates firing bankers and getting control of the balance sheets of the banks, liquidating banks where appropriate. Account holders -- average citizens -- would still be protected by FDIC insurance as in the past.
This is the way to go! We must stop throwing money at the rich bankers who got us into this mess!
http://www.truthout.org/040809T
In a time of EMERGENCY. Welcome to The Musical Patriot, a web log of information and inspiration. Also included are events of interest in my own life. Now in its twentieth year! (Comments to any post may be made by clicking on the "COMMENTS" link. Commenting is moderated.) To get the most out of this blog, a free subscription is recommended; see "Subscribe to” elsewhere on this blog depending on your device format.
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Thursday, April 09, 2009
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