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Post Info TOPIC: Too Big To Fail = Too Big To Exist


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Too Big To Fail = Too Big To Exist
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...breaking up these financial monstrosities that have the power to destroy our economy. The biggest applause line I have had in my book tour, by far and without exception, is this one: "If you are too big to fail, you are too big to exist." I think the American public, including a great many Republicans, is in overwhelming agreement of that basic notion, and yet breaking up these banking behemoths is not very high on the list of things politicians and pundits are talking about. It damn well should be. If one company can wreck the entire world economy by its stupid decisions, that company absolutely needs to be broken up into smaller regional or sector pieces.


 I agree. We are basically beholden to these banks and large corporations. If we help them, they win. If we don't help them, we lose. 


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