George Will: Time to break up the big banks

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George Will: Time to break up the big banks

George Will: Time to break up the big banks

AND get rid of the corruption in Washington!


WAPO-

With his chronically gravelly voice and relentlessly liberal agenda, Sherrod Brown seems to have stepped out of “Les Miserables,” hoarse from singing revolutionary anthems at the barricades. Today, Ohio’s senior senator has a project worthy of Victor Hugo — and of conservatives’ support. He wants to break up the biggest banks.

He would advocate this even if he thought such banks would never have a crisis sufficient to threaten the financial system. He believes they are unhealthy for the financial system even when they are healthy. This is because there is a silent subsidy — an unfair competitive advantage relative to community banks — inherent in being deemed by the government, implicitly but clearly, too big to fail.

[WASHINGTON POST]

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One Response to “George Will: Time to break up the big banks”

  1. Sarah says:

    The same idiot who thinks people should retire at 74. He’s had a long history of defending Government socialism that panders to, bails out, subsidizes only the rich and their corporations. Of course, there is a sizable portion of the very rich who are in their own right gansters, so they see the threat of the Banksters too.
    (Homeless, poor people, the unemployed – these folk still need to pull themselves by their own shoelaces and wave the flag more vigorously)

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