Bankers … Again

The countries of the G20 are suggesting tougher regulations for banks, after the near collapse that happened recently.

Predictably, the banks balked at the idea, saying it would stunt growth, etc, etc, etc.

Bankers must have short memories. Leaving them to go flat out in their own way almost ruined the financial life of the planet! Now, they are probably saying that they learned their lesson and it will not happen again. Ya, right, and my name is Superman.

Power and greed are very dangerous. Humans are frail and easily tempted.

I say slap more regulations on them. I’d rather have the economy slow down, than completely stop or tank.