Off-Topic: Banks need regulation

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	Name:	MartiniMan -
	Subject:	Banks need regulation
	Date:	1/22/2010 9:49:18 PM

GF, who do you think pays for the FDIC insurance? The depositors. You continue to operate under the misunderstanding that corporations pay taxes or pay fees or pay for government insurance. A corporation pays for nothing, it is all paid by individuals who provide the financial resources for companies to pay for anything. So when you say let banks go without FDIC insurance you act as if that would be the end of them. You are so wrong. They pay FDIC insurance because they have no choice!!! They are forced to pay for that insurance by the government. If it weren't for that I can assure you that the markets would force them to insure deposits or people would put their money under the mattress out of fear. You are so quick to slavishly look to government for the solution even though it is the worst possible mechanism for solving almost anything.

As for your point about Goldman, I don't get it. What is the point of that?