Either Run the Banks or Let THEM Fail
The continued effort to pump the large multinational banks full of American Money is getting us nowhere. The Banks continue to spend money like they are the aristocracy of the American Economy. Government Bailout money has been used by the Banks to continue their exurbanite salaries and bonuses to their Executives and Upper Management, while continuing to farm out service payrolls overseas to India, Pakistan, and Asian Countries. First of all, what Bank Employees deserve any bonus? They should be returning 20-25% of their salaries that they received while they were practicing unusual business activities that led to the current state of affairs, never mind receiving bonuses. What person in their right mind would pay a bonus to an employee whose performance led the business to ruin? Doesn't anyone see anything wrong with this? What would be the larger crisis if these Banks were forced to sell off their assets in bankruptcy court. Thousands of Regional, Community Banks and Credit Unit...