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A comment on Ireland jails three top bankers over 2008 banking meltdown. Parent comment

Re:Ireland jails three top bankers over 2008 banking meltdown by alasdair_ on Saturday July 30, 2016 @03:44PM (#12194390)
One solution to this is to do away with the whole idea of having the fed give money to banks and then assume the banks will give money to the people. If the government really wanted to give home loans to specific people, it could do that directly.

The same thing applies to giving tax incentives to employers for health insurance plans or guaranteeing student loans made by private companies.

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Re:Ireland jails three top bankers over 2008 banking meltdown by StanislavPetrov on Saturday July 30, 2016 @05:57PM (#12194842)
>One solution to this is to do away with the whole idea of having the fed give money to banks and then assume the banks will give money to the people.

Except that's not a solution if the whole point is to give the banks money, which is the motivation of Washington DC, the FED, and the SEC. Don't take my word for it, listen to Senator Dick Durbin.

http://www.realclearpolitics.com/video/2009/04/29/sen_durbin...

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Re:Ireland jails three top bankers over 2008 banking meltdown by dredmorbius on Sunday July 31, 2016 @11:10PM (#12200007)
Institution can be changed and/or replaced. The aren't givens.
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