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by passwordoops 848 days ago
Good one (for real, it made me chuckle) but really it's "I told you we should reinstate all the banking and financial restrictions that came into force in the 1930s because financiers and bankers can't be trusted to regulate themselves. Now we got this"
2 comments

I told you that "too big to fail" bailouts are a recipe for bigger failures downstream. Now I hope I was wrong.
There’s no need for more regulation— this is working as intended. It will all be worked out by the checks and balances inherent to modern American capitalism. That is, when the banks’ balances are low, the government writes them huge checks to cover it. See? No need to panic: The market always does what’s right in the long run for bank shareholders and executives.
I wonder how many likes you'll get from people who only pay attention to your opening line :)
I'd love to see the responses people started writing but then deleted after reading the whole comment!