"The (now modified) Paulson proposal is the worst possible course of action, other than any available alternative." --Jim Manzi
"It has been said that democracy is the worst form of government, except all those other forms that have been tried." --Winston Churchill, House of Commons, 11 November 1947
Carrot and Stick: Federal Deposit Insurance Is a Trap for Community Banks
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If Congress truly wants to help community banks thrive, they’ll trust that
competitive markets—not government guarantees—are the best way to deliver
bankin...
1 hour ago
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