http://www.jewishfedcc.org/archives/25…

No, not all health care entities that might be considered TBTF are publicly funded. What has been happening in the health care industry, and has picked up speed under O-care, is that large FPOs with the capital to do so have been investing in or buying up smaller entities that are at risk and rapidly reaching the point where they can not stand independently. This is a portion of what is included in a process called “integration”.

Without integration, those smaller entities would probably collapse and fail. What we end up seeing if they do fail is less care being provided by primary care docs, less care being provided by rural hospitals, followed by an increase in inpatient admissions, extended LOS, and an increase in demands of ERs.

But integration is leading to a scenario where TBTF can exist.

In some ways, by pursuing integration, the health care industry is “bucking the system” of what liberals and Dems might want to achieve. They’re trying to keep as many independent practitioners and health care facilities in business under a FPO, independent-from-government category for as long as they possibly can.

If we start busting them up, is it possible that it would make it easier for the scenario you’ve referenced above to take place, i.e. where the government says “for the sake of society, we will establish, direct, and control said entities”?

It’s possible that it might take a new law to limit them to types of things they can be involved in.

Also, as I noted somewhere above, many of these banks have only been able to grow this large because of a change in the laws from around the 2004/2006 timeframe.

Whatever law was changed then needs to be changed back as a starting point.

Latest word from the
Ron Paul Survival Report
Is that he didn’t

Some really smart, Harvard-trained junior associate at a white shoe firm, telling her/his supervising partner, “I don’t understand the instrument I’m writing the prospectus on,” MIGHT have given people a clue that there were real design flaws in these instruments. Some mid-level partner at one of these firms then asking, “How will you value these instruments if the underlying valuation algorithym does not hold?” MIGHT have changed history.

I’m not a big fan of government intervention, but interventions that increase transparency usually do have value.

There are real issues with central banks and fiat currency. Of course, many of the same problems exist with specie and private banking.

On a Federal Level? Two Words: Post Office – at least if the Dems get their way….

Nope…

JPMC gets the attention becasue (A) they’re a megabank, (B) they’re an even more-mega bank after 08, because while their competition was floundering in the recession, they were buying everything they could get their hands on, and (C) it fits the populist narrative – OMG, they lost TWO BILLION DOLLARS…

Note the complete absence of a discussion of how much money the unit in question (Chief Investment Office) was working with, when they lost 2BN, either (from what little reports I’ve seen, it was upwards of 30BN)

That’s not a failure of regulation, that’s life in the market. It happens sometimes – and when it does, generally the shareholders & the execs take care of it…

Of course, if you’re trying to stoke populist anger, nothing works better than a big bank with gobs of money losing a gob-let or two in the market….

There exists a party for people who hate banks – and it’s been the same party all throughout US history, ever since it was created by our original anti-finance politician, Thomas Jefferson… They have a jackass for their mascot…

For the rest of us, a functional banking system is a vital part of the economy, and defending it is one of the core differences between the GOP and the Dems.

Always has been, just replace GOP with Federalist or Whig….

Hamilton was right, to begin with – and it’s his ideas that indirectly lead to the US becoming the economic & military power we are today.

It is hard enough to bear an incumbent president especially one who caters to every radical, activist, weirdo, lazy, government tit sucking loser out there that we can ill afford to have a portion of our voter bloc split by a POS man who has been 100% ineffectual in his many years of service, has alienated every single person ever to be in Congress including greats like DeMint, who is as hypocritical as any democrat and scumbag politician that has ever served, and so on. If he refuses to do the right thing and support the party and support the effort to rid this nation of Obama, the party should kick him out and seize every bit of power he has so that he becomes a nothing warming a seat. And every federal and state dollar should be stopped to the areas that have voted him into Congress.

It is time to reject this POS and throw him out as we should have done many years ago.

To say that those who oppose the Federal Reserve are a cancer on the party is a horrible idea. I frankly don’t believe that the founders would have generally held the FR in high regard either, except for Hamilton.

If we’re going to consider trending patterns, that’s the direction it has been heading for the past eight years or so. O-care is solidifying it. What’s taken place under Obamacare won’t automatically be undone simply by repealing it.

How would what you are suggesting apply to health care?

As for the FED, someone needs to ‘make the money’, and a single originating bank has been found – by a long history of trial-and-error (mostly error, see the fixation with gold) to be the only way that actually works…

Not ONE THING. It’s no different than bundling a bunch of stocks together into one fund, and selling shares….

In the end, given that a small minority of mortgages actually end up defaulting, there are going to be some people who make a good amount of money scooping up these ‘junk’ assets at today’s rock-bottom prices… There will also be a bunch of people who lose money… But that’s life in the markets – securities trading is not a low-risk venture…

As for your comments on the banking system, there is NO ALTERNATIVE to the fractional-reserve system that ACTUALLY WORKS.

Without fractional-reserve, you can’t have ANY banks AT ALL – there is simply no profitable business model for a bank, if there is no fractional-reserve lending. Welcome to the middle ages, and perpetual stagnation due to no possible way to finance new innovation. No banks, no credit, no economy.

And it’s not government-created, either, as banks are not an ‘invention’ of government. The business model of taking money on deposit, paying interest, and then lending out part of that money while charging interest is entirely a creation of the market.

Derivatives are just a fancy form of insurance… A logical reaction to ‘You WILL make these loans, and we don’t care if you get paid back’….

Eliminate the lending to uncreditworthy borrowers (forced by the govt) and you eliminate the root-cause that made everything else go bad.

Derivatives aren’t ‘bad’ by themselves…

Easy credit isn’t bad by itself…

Combine those with ‘make loans to those who won’t pay them back, or face the full force of the Feds’ and you have a disaster in the making.

He wants to reduce it, and eliminate any reasonable ability to grow it by abolishing the Federal Reserve.

Reducing the money supply = DEFLATION. There’s no way around it, that’s what deflation IS.