3 ms·
This seems kind of like closing the barn door after the horse has already gotten out (and lions have eaten the horse). Just an empty barn full of taxpayers’ mon
by Scott_MacGregor 17y ago
This seems kind of like closing the barn door after the horse has already gotten out (and lions have eaten the horse). Just an empty barn full of taxpayers’ money that is not being lent out. A case of the fox watching the henhouse and we taxpayers seem to be the chickens.
http://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_Act http://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_Act
- ube 17y agoThe barn door was closed with this act until 1999 when it was repealed. How is that "closing the barn door after the horse has already gotten out"?
- Scott_MacGregor 17y agoReinstating it now is like closing the door. The damage has already been done, the system has been raped and pillaged already. Closing the door will not fix the damage. Closing the door is a Paraphrase. Definition: http://en.wikipedia.org/wiki/Paraphrase http://en.wikipedia.org/wiki/Paraphrase
- tome 17y agoI think you'll find that there are a whole load of baby horses still in the barn, and you're going to want to close the door to stop them getting out in the future.
- Scott_MacGregor 17y agoI agree with you Tome, I am not saying it is bad, just that it was allowed to happen and that is where the problem is. Now we taxpayers have to pay those who did this with our earnings after they knowingly shot the system down in flames.
- gaius 17y agoRemind me who was the POTUS then?
- mattmaroon 17y agoThat had more totally non-applicable down-home folksy sayings per paragraph than the average Sarah Palin speech. Kudos.