Frank, Geithner to Roll Out 'Too Big to Fail' Bill

Every car in North America has a gas reservoir of approximately a gallon past the last hash mark on the gas indicator. This is there to ensure that even if trouble arises, you SHOULD have enough gas to get you somewhere safe. We can lower the reservoir, it would save people money in the short term - Gas wouldn't cost as much to fill up, and most people wouldn't notice a difference. Until they're stuck in a traffic jam with a tick of gas left, and they're ten or so miles from home... Every bank has a cap on total deposits for the same reason. While most banks don't need the cap to be as high as it is, it's there for extraordinary situations, such as this one. If we lower the cap, then there's less room to maneuver during a crisis. The answer is not to give banks MORE latitude, as we've seen what they do with it, but to impose regulations on their behaviour and size, because after a certain point, their size simply allows them to act in ways that are beneficial for them, but extraordinarily bad for the people who support them. To mix metaphors, it's akin to allowing an elephant to eat an entire forest. While they can eat their fill, the animals who rely on the forest will die out, and so too will the forest, eventually killing off the elephants.

no no you're right we should have banking institutions that are too big to fail and cause a global economic crisis.....no seriously regulation would keep them from being able to do whatever they want KNOWING that they are screwing all of america....no seriously that's smart

....thank you, OG Travis. I'm glad you took the time away from practicing your c-walk or bussin' gats or doing whatever OG's do to (not) read the post and then scream at me for agreeing with you.

clicked relpy to the wrong person there sorry!