For a change of pace, I get to debate a leftist other than Christian Weller. As always, feedback would be appreciated. What parts of the interview went well? What opportunities did I miss?
Higher Bank Fees Are Part of Washington’s “Corrupt Version of Recycling”
January 12, 2010 by Dan Mitchell
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Your performance was great, you got your message out. You might speed up your speech like the other guy, but then you would look as rabid as he did . My 2 cents.
I saw you live on CNBC. I thought you did well but I think they twisted the end by watering down your good point that government is the real problem.
At one point, Mark Walsh admitted that easy money and poor regulation contributed to the financial crisis.
Hello?
Who supplied the easy money?
Who failed to enforce regulations?
The main problem is that the government monopoly wants to mandate that insurance is bought and also wants to set the insurance premium.
With forced participation into FDIC and no competition (no opting out, no alternative) this mandated government insurance service for a fee, will inevitably be gamed based on political winds rather than economics.