Breezhnev: Boy, that moniker I hung on you is becoming more and more apropos by the day. So, using your suggestion above, we become fascists and seize all the holdings and assets of the banks and distribute them to the people (via the State with a big “S”, of course). Do I have that right? Statist authoritarianism, huh? And you’re calling me a socialist?
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Uhhh, no. I just recommend that the government follow the rule of law. When a bank becomes insolvent, it should be liquidated (per the rule of law) and not illegally propped up. It’s actually a very capitalist notion.
But yeah, boy howdy was that ever an appropriate moniker. YEEHAWWWW! GIT’ ER DUN!
