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US269 - No More Taxpayer-Funded Bank Bailouts
| End taxpayer-funded bailouts for banks, insurers, and other financial companies | |
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Description
We’ll use the FDIC resolution process for failed banks to reopen them as public banks where possible after failed loans and underlying assets are auctioned off.
Source: jillstein.org
Arguments
Much federal intervention is a payout to special interests or counterproductive meddling that stifles competition, innovation, and growth. We should reject auto and banking bailouts, state bailouts, corporate welfare, cap-and-trade, card check, and the mountain of regulation that protects special interests rather than benefiting consumers or the economy.
Source: garyjohnson2012.com
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