Monday, February 23, 2009

Why?

Why on earth does anyone think that the government is better equipped to restructure the banks than the private sector? Has the government ever been efficient at running a business of any kind?

Yikes.

1 comment:

SunnyNYC said...

Amen.

Government is the opposite of efficiency. Using the Swiss as comprable example of why this would work seems like faulty logic. His entire argument is built on the idea of fear, but who's to say that banking in the hands of the government would mitigate fear?

... personally it makes me nervous.