On Mon, 26 Apr 2010 18:33:39 -0700, "Bill McKee"
wrote:


"bpuharic" wrote in message
.. .
On Sun, 25 Apr 2010 20:25:13 -0600, Canuck57
wrote:

cant help think that it's more anti-middle class sentiment on the part
of the right

The banks failing would not have caused a 1929 crash! Totally different
scenarios

you mean just because it did before? what was it santayana said about
those who forget history...

.. The banks and their stockholders would have seen a loss of
money, and some fool with more than the FDIC insured amount may have seen a
loss, but the rest would just go on as if not much happened. The stronger
banks would have picked up the accounts of the failed banks

and which, pray tell, were the 'stronger' banks? the ones that needed
a bailout?