The Only Way to Save the Economy: Break Up the Giant, Insolvent Banks

Painting by Anthony Freda: www.AnthonyFreda.com
The Government Created the Giant Banks
As MIT economics professor and former IMF chief economist Simon Johnson points out, the official White House position is that:
(1) The government created the mega-giants, and they are not the product of free market competition


(2) The White House needs to “regulate and oversee them”, even though it is clear that the government has no real plans to regulate or oversee the banking

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