It is amazing (and ridiculous) that the government would align itself with the banks and guarantee the banking system. The government is guaranteeing fraud and turning it into counterfeiting. Fraud becomes counterfeiting because of the deposit guarantee. The government would be more tolerable without deposit insurance. They are hated because of deposit insurance and for not reforming the banking system.
We hate the government for not reforming the banking system.
Tuesday, 28 February 2012
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