Forum Post: Please read: Question about "On Strategically Weighted Policies, Organizational Operating Structures, & Tactical Investment Procedures as of 10/18/2011"
Posted 12 years ago on Oct. 22, 2011, 1:35 p.m. EST by MakeLuvNotBillions
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I would love to buy in to the approach being circulated about (see: http://getsatisfaction.com/americanselect/topics/on_strategically_weighted_policies_organizational_operating_structures_tactical_investment_procedures-448eo ) However, I would like to see it vetted by an economist, like Paul Krugman. Who can facilitatie this?
Personally, I love to see any economist who can find fault in our group's plan, for that will only make our group's plan stronger in reply.
For one, the Feds love the idea (unofficially) because it breaks up the mega-banks, who are 50% of banking market and who were the cause of the every financial disaster in history, into much smaller Home Town Banks of 65,000, which community banks were unaffected by the current crisis because they don't take mindless unsupervised risks the way the big banks do because these smaller banks know they're not going to get automatically bailed out by the government the way the big banks always do. Consequently, our Members begin their education as Outside Bank Directors by a course supplied by the Federal Reserve Bank at: http://www.bankdirectorsdesktop.org/