Wednesday, May 6, 2009

Big Brother Knows Best, Dontchaknow


"The government has told Bank of America it needs $33.9 billion in capital to withstand any worsening of the economic downturn, according to an executive at the bank."

and
"The government notified the bank of its decision on Tuesday, bringing days of negotiations to an end. The amount is higher than bank executives believed the bank needed, the executivesaid. "


The government notified the bank of its decision?!????!!!

So Bank of America has been saying "we're fine, Mr. Obama - really. We can handle this. We can do it."

And the government busts down the door and says "listen, foo, we know what's best for you better than you do. You're gonna take this $33.9 billion and LIKE IT!"

"The government" has got to go. At least in its present form. Any government that is this big and this powerful is too big for its own good.

via the New York Times

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