Aug. 09, 2022
August 9, 2022 I oppose this 100%. How on earth is the OCC proposing to loot pension funds to pay for the risky bets Wall Street made and failed? Wall Street extracts value and capital from American civilisation and business. Let the business and firms that fail, fail. If the market doesn't have consequences and big companies can have as a goal to become 'too big to fail' and make increasingly risker bets, the US will collapse. Either by taking out debt the American people can't pay out or if this actually goes through and pensions get looted, you will have a revolution on your hands. I don't need to tell you how other countries will capitalize on it.