Too Big To Fail

Bank Bailouts

Too Big To Fail Banks

 

Do you need proof that the bank bailouts should have never happened?  Policies since the bank bailouts, such as actions by the Federal Reserve and Dodd-Frank bill have led to further concentration of wealth in these institutions. Local community banks have been acquired by national banks, further centralizing banking deposits and investments.  

Now the national banks that were deemed “too big to fail” (TBTF) are even bigger.  If they were Too Big to Fail then, it seems that those who justified these wrongful bailouts then will again move to bail out the TBTF banks.  I will not be among them as your congressman. I will fight corporate, bank, and insurance bailouts as your congressman, and fight all forms of crony capitalism in Washington.

Posted in Issues
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