re: #250 Killgore Trout
Well, then it’s a definitive argument against bailouts by Congress. Why should lawmakers be expected to just write blanket checks, without any verification or accountability? Because it’s better to have private krooks than public ones? The corruption of the Congress Critters is nothing against the scope of the corruption of the banking CEOs. And, just a reminder: It’s still a democracy. The Fed operates purely under charter by Congress.