Toronado3800
Gold Member
- Nov 15, 2009
- 7,608
- 560
- 140
Don't forget the destruction of the rest of the world's economic capacity in the 1940's.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
If Obama did not choose to bail out the banks they would have failed and gone into receivership. The FDIC, which is a government corporation, is the receiver of the banks.[...]Obama did not by choice not take over the banks. He had no option to.[...]
If Obama did not choose to bail out the banks they would have failed and gone into receivership. The FDIC, which is a government corporation, is the receiver of the banks.[...]Obama did not by choice not take over the banks. He had no option to.[...]
I didn't mean Obama would personally assume control of the banks but Government (via FDIC) would-- as in the example of Iceland. And, as it turns out, the Icelandic government did the right thing in taking control of their defaulted banks.