Break out guillotines for Wall Streeters
Recent polls have shown consumers confidence in the recovery has slipped. Banks aren't lending money due to uncertainty. The new regulations may force them to make real economic decisions and not make bets on air as in the past.
Let's take a look. The taxpayers bailed out the banks and Wall Street because they were too big to fail. Had to stop the collapse. Now they borrow money from the taxpayers at zero percent interest and buy Treasury bonds making a minimum of 4 percent. Why bother dealing with the "little people?"
I personally would have confidence if a few bankers and Wall Streetites ended up behind bars. It would really restore my confidence if we could dust off the guillotine and I could be Madame La Farge doing my knitting front row center.
Tim Baldwin
Glendale Heights