Should a bank be exempt from rescue because it happens to fall in a
particular Congressional district?


On Mon, Jan 26, 2009 at 11:58 AM, Robert Munn <[email protected]> wrote:
> The problem, as illustrated by Barney Frank rescuing a particular bank in
> his home district by fiat, is that members of Congress will be pushed by
> their constituents to steer money their way. More money equals more
> influence, and all of a sudden you have Congress running the banking system.
> No thank you.

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