Try Laissez-faire

Reader comment on: Bloomberg on Banks

Submitted by John Gillis (United States), Jun 19, 2012 18:26

My thought: laissez-faire.

That, of course, means "hands off". And in this case means that the government should not be involved in banking. Period. So, the market-based solution is correct -- get the government out of the economy and specifically out of the banking industry, entirely. The government's only moral job is to protect individual rights, and offering deposit insurance is not part of that job description.

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Title By Date
Why any subsidy?
[w/response] [90 words]		Joe VencilJun 21, 2012 07:47
Excellent Idea [22 words]LiberatedCitizedJun 20, 2012 15:49
Avoid Bank Failures Without a Bank Subsidy [58 words]David WeinkrantzJun 19, 2012 19:17
Why the strange rejections by your system [39 words]John GillisJun 19, 2012 18:28
⇒ Try Laissez-faire [67 words]John GillisJun 19, 2012 18:26
Once upon a time. [76 words]LyleJun 19, 2012 16:53
No FDIC insurance for investment banks [47 words]Jan TwardowskiJun 19, 2012 15:30

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