The Dangers of Paternalism »

Posted By populist 1 year, 2 months ago in Business & Finance

What if there is an industry-wide banking collapse? Where does the federal government get the money to pay off all the depositors in all the banks? It’s a question that no co-dependent child-adult living in a paternalistic welfare-warfare state wishes to ask, much less think about it. That’s the job of the government. That’s the job of the parent.

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