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 currently requires accessing the site using the built-in Safari browser.
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.