Had the previous rules been in effect that were struck down in 2018, this would not have happened. They made bad judgment calls, and they were warned that this would happen.
Put back the rules that were struck down in 2018, against the strong recommendation of Senator Elizabeth Warren, sometime professor and authority on banking. See her prescient comment in 2018 here: https://www.instagram.com/p/Cp6mOrDAJQA/
Put in more rules, if need be.
Do what Biden has described doing: DO NOT bail them out – instead, break up these banks and sell their assets to cover their losses, and kick out the bankers who allowed this to happen and forbid them from similar roles in the future. They were warned, they ignored the warnings, and now they want the taxpayers to bail them out. Bail out the people with their money in this bank – not the incompetent managers.
The hypocrisy of the “Pro-Lifers” is entirely obvious in that the only topic they consider is abortion. Most of them favor capital punishment, and seem very willing to wage religious war. Furthermore, they do nothing to help the poor systematically; as some have noted, it is not pro-life, it is pro-birth. And that doesn’t even count their anti-scientific ideas about how human beings work. The idea that “life begins at conception” is not an old one, no matter what they think – Jewish belief, from which Christianity emerged, is that life does not begin until birth, for example, and many Christian sects say the same. The idea that a single fertilized cell is somehow fully human is a very new concept indeed; and ignores the fact that until such a cell implants, it will not survive. These ignoramus legislators are essentially saying that anyone going through a miscarriage – which happens all the time, and, as you might expect, with a few cells that never implanted – should be thrown in jail or murdered by the state as “punishment.”
The Catholic Church, in fact, is anti-abortion, but it is also anti-capital punishment, and anti-war. It’s wrong to assert conception as the line, but at least it’s consistent.
Well, duh. The first movie was a combination of Pocahontas – with all the problems thereof – and the (uncredited and un-paid-for) Poul Anderson story “Call Me Joe.”
As indeed they are starting to do. Over 1000 people have been indicted for January 6th, and many have been thrown in jail.