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Originally posted by TDawgRex
reply to post by pteridine
I have always been a advocate of nothing is "Too big to fail."
Could it be feasible that we break up the big banks simialer to Ma Bell/AT&T of the 70's?
End the Monopoly?
Obama extends support for protesters
Last updated: October 16, 2011 9:17 pm
Barack Obama, US president, offered more support for protesters against the global financial system after a weekend of demonstrations in cities around the world, but called on them not to “demonise” those who worked on Wall Street.
Obama Is Fighting For The Interests Of The 99%
Oct. 16, 2011, 2:52 PM
The White House continued its embrace of the Occupy Wall Street protests on Sunday, using the strongest terms yet to identify President Barack Obama with the growing movement.
Earnest added that while on the trip, [color=;imegreen]Obama will make it clear that he is fighting to make certain that the "interests of 99 percent of Americans are well represented" — the first time the White House has used the term to differentiate the vast majority of Americans from the wealthy.
Leaders are easily corrupted.
Hence why having none is paramount to their success.
Decisions can be made on consensus, and i think their message is more than cohesive enough
reply to post by pteridine
I have always been a advocate of nothing is "Too big to fail."
Could it be feasible that we break up the big banks simialer to Ma Bell/AT&T of the 70's?
End the Monopoly?
Originally posted by mishigas
reply to post by TDawgRex
reply to post by pteridine
I have always been a advocate of nothing is "Too big to fail."
Could it be feasible that we break up the big banks simialer to Ma Bell/AT&T of the 70's?
End the Monopoly?
Just remember that AT&T was a planned monopoly, a joint venture between the govt and industry. It was necessary because the costs of creating the communications infrastructure were enormous; competition would have been ruinous. And it worked wonderfully.
Just sayin'.