PostmodernProphet
02-16-2009, 05:20 PM
okay, let's consider a small midwestern city that has three banks.....one of the banks makes some bad business decisions and over a period of time most of the citizens choose to do business with the other two banks.....bank number three begins to decline and is at risk of failure.....
what is the proper course of action for the government to take.....
1) give large amounts of cash to the owners of bank number three in exchange for stock in the company.....
2) give large amounts of cash to all three banks in exchange for stock in the company.....
3) be satisfied that two banks are succeeding and do nothing......
(hint: if you answered #3 you are not qualified to run for political office at this time)
what is the proper course of action for the government to take.....
1) give large amounts of cash to the owners of bank number three in exchange for stock in the company.....
2) give large amounts of cash to all three banks in exchange for stock in the company.....
3) be satisfied that two banks are succeeding and do nothing......
(hint: if you answered #3 you are not qualified to run for political office at this time)