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Old 09-29-2008, 07:52 PM   #24 (permalink)
River
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Re: FDIC forces Wachovia to sell....

Quote:
Originally Posted by djwilbanks View Post
I know it was... but someone might not have noticed...

Especially when the FDIC is forcing banks to sell because they can't do the very thing it was created to do...
Political factors and implications aside (please everyone!?), why aren't we just creating a Federal bank, from an economic(s) standpoint?

No, I'm not suggesting it. I, for one, don't know enough to suggest a solution and am self-aware enough to admit it. But academically, why not?
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