We haven't heard any British, French or German accents expressing gratitude, though we'll keep listening. The truth is, no bank anywhere would have to be bailed out by American taxpayers if lenders were allowed to do their job on a sound financial footing, without politicians forcing them into the social welfare business.
Oh, I don't know about that. Bankers have lots of friends. People with money always do. It's your friends that get you into the worst of troubles ...
#1
...no bank anywhere would have to be bailed out by American taxpayers if lenders were allowed to do their job on a sound financial footing, without politicians forcing them into the social welfare business.
As much as I love IBD's take-no-prisoners conservative Op Ed page, I have to call Bravo Sierra on this particular assertion. Our banksters were MORE than happy to belly up to the bar at the Subprime Lounge once it became clear there was a squatload of money to be made slicing, dicing and securitizing these trash mortgages. OTOH, Canada's banks have remained strong by steering clear of the excesses their American counterparts wallowed in. I read an article months ago in which a Canadian bank CEO related being asked by an American bank executive why he wouldn't bring his bank to the party. The Canadian replied, "I run a bank, not a gambling casino."
Posted by: Ricky bin Ricardo (Abu Babaloo) ||
12/03/2010 16:58 Comments ||
Top||
#3
For all the notion of a modern civilization, elements within it still practice 'human sacrifice' in the name of perfection. That is exactly what is paid when heads are turned to avert facing unpleasant reality.
Want to prevent this from happening again? Let the world see a man who can't sleep in the same bed on consecutive nights, who fears the long arm of American justice. I'm not advocating that we bring out of retirement the KGB proxy who, on a London street, killed a Bulgarian dissident with a poisoned umbrella tip. But it would be nice if people like Assange were made to worry every time they go out in the rain.
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
We haven't heard any British, French or German accents expressing gratitude, though we'll keep listening. The truth is, no bank anywhere would have to be bailed out by American taxpayers if lenders were allowed to do their job on a sound financial footing, without politicians forcing them into the social welfare business.
By Charles Krauthammer
One can imagine NPR was hoping the National Portrait Gallery would hold its ground, if only to divert fire from Capitol Hill.
