Overhaul the entire financial industry enforcing the laws we already have and use our past laws as a blueprint to create new laws that will prevent this fraud and robbery from ever happening again.
Lengthy prison sentence’s is a good start, their assets should be seized to pay back the taxpayer as well as a 70% tax rate on any company worth a billion dollars +. Any insolvent companies should be taken over by the government and owned by the public.
Since our entire government is owned by special interests I don’t see anything but a bailout happening though.
I mean the alternative is the economy collapses… people really need to understand systemic risk.
However I do think they could and should bail out and nationalize. Let their profits reduce my tax burden.
How about this: bail out the banks in exchange for shares, and jail the billionaires who gambled with everyone’s money?
Overhaul the entire financial industry enforcing the laws we already have and use our past laws as a blueprint to create new laws that will prevent this fraud and robbery from ever happening again.
Lengthy prison sentence’s is a good start, their assets should be seized to pay back the taxpayer as well as a 70% tax rate on any company worth a billion dollars +. Any insolvent companies should be taken over by the government and owned by the public.
Since our entire government is owned by special interests I don’t see anything but a bailout happening though.