At the risk of you thinking this idiotic NYT article “titled How Regulators Mess With Bankers’ Minds, and Why That’s Good” has to be an Onion piece, from back in the days before a Hillary shill bought the Onion and turned it into a parody of itself, I am still bringing it to your attention. From the article:
Bank regulators on Wednesday sent a message that big banks are still too big and too complex. They rejected special plans, called living wills, that the banks have to submit to show they can go through an orderly bankruptcy.
The thinking behind the regulators’ call for living wills is that if a large bank crash is orderly, there will be no need to save it and no need for taxpayer bailouts.
Pretty straightforward, right? Not for the banks.
The regulators deliberately did not communicate the exact things the banks needed to do for their plans to pass muster. In this way, they kept them on their toes — and treating powerful banks this way may end up playing a surprisingly important role in keeping the financial regulation effective over time.
Emphasis mine. In a system where they need you to not understand and know all the rules so they can come after you whenever it hits their fancy, you have stopped being a nation of laws and equal men, and become a tyrannical shitbag. For you fucking morons that think this is cool because the target is those evil bank, remember that these crooks have no problem applying this practice not just to their opposition political enemies, but to anyone that pisses them off.
And leave it to a shill for the DNC and the crime syndicate running DC these days to actually make the argument that this kind of practice is a good thing somehow, because when they don’t understand the laws it makes it less likely that they will sidestep them. Can you imagine the reaction of these idiots at the NYT if it was a republican president doing this shit? Can you imagine their heads exploding if that president did this to one of the left’s near & dear causes? Can you imagine the IRS telling those of us that actually pay taxes this is a good practice for them to have in place as well? All so you don’t get any bad ideas about abusing the system. And can you see them accusing you of doing exactly that when the lack of clarity causes you to make a mistake?
Only the left can go this low to defend the indefensible. We deserve what’s coming our way for giving these people power. When the banking system ends up experiencing another meltdown due to the lack of clarity of an obviously idiotic system that tries to defy the laws of nature and economics, do you think they will take the blame for it? Oh, who am I kidding. They will blame everyone but themselves, then demand that they be allowed to “fix it”. Calling this shit criminal or a travesty is being to kind.
