{"id":33156,"date":"2013-04-12T10:41:32","date_gmt":"2013-04-12T16:41:32","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/2013\/04\/12\/whats-radical-is-someone-is-standing-up-to-big-banks.html"},"modified":"2013-04-13T08:55:55","modified_gmt":"2013-04-13T14:55:55","slug":"whats-radical-is-someone-is-standing-up-to-big-banks","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2013\/04\/12\/whats-radical-is-someone-is-standing-up-to-big-banks.html","title":{"rendered":"What&#39;s radical is someone is standing up to big banks"},"content":{"rendered":"<div class=\"gpb-content\">Require banks to finance more of their business with shareholder equity, rather than simply borrowing more and more against their deposits and trusting that the government will consider them &quot;too big to fail&quot;? Especially bigger banks? \u00a0Yup, that&#39;s pretty radical. And that&#39;s a good thing, as even Bloomberg&#39;s editors realize.<\/div>\n<p class='gpb-article' style='clear:both;'>\n<p style='margin-bottom:5px;'><strong>Embedded Link<\/strong><\/p>\n<p>                                                <a href='http:\/\/www.bloomberg.com\/news\/2013-04-09\/what-s-so-radical-about-a-safer-financial-system-.html'>What\u2019s So Radical About a Safer Financial System?<\/a><br \/>\n                                                Momentum is building in Washington for a reform that would make extremely large banks less threatening to the U.S. economy. Opponents are calling it \u201cradical.\u201d What\u2019s actually radical &#8212; and dangerous&#8230;\n                                            <\/p>\n<p class='gpb-links' style='clear:both;'> <a class='gpb-linkback' href='https:\/\/plus.google.com\/101083456815352083930\/posts\/XyE94rPtRr4' target='_new'>View this post on Google+<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Require banks to finance more of their business with shareholder equity, rather than simply borrowing more and more against their deposits and trusting that the government will consider them &quot;too big to fail&quot;? Especially bigger banks? \u00a0Yup, that&#39;s pretty radical. And that&#39;s a good thing, as even Bloomberg&#39;s editors realize. Embedded Link What\u2019s So Radical &hellip; <a href=\"https:\/\/hill-kleerup.org\/blog\/2013\/04\/12\/whats-radical-is-someone-is-standing-up-to-big-banks.html\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;What&#39;s radical is someone is standing up to big banks&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[106,77,9],"tags":[],"class_list":["post-33156","post","type-post","status-publish","format-standard","hentry","category-plusposts","category-economy","category-politics-law"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":26238,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/02\/09\/pity-the-poor-banks.html","url_meta":{"origin":33156,"position":0},"title":"Pity the poor banks","author":"***Dave","date":"Thu 9-Feb-12 9:14am","format":false,"excerpt":"Frankly, I wish the settlement had been even more stringent, and that we'd seen some criminal charges filed against individuals. But at least it's something.I'm either greatly amused or else disgusted (perhaps both) that the Oklahoma AG didn't sign onto the deal because he felt it was too harsh on\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129117,"url":"https:\/\/hill-kleerup.org\/blog\/2015\/12\/14\/the-radicalization-of-luke-skywalker.html","url_meta":{"origin":33156,"position":1},"title":"The Radicalization of Luke Skywalker","author":"***Dave","date":"Mon 14-Dec-15 11:35pm","format":false,"excerpt":"I'm not sure what's more amusing: the (satirical) attempt to frame the original Star Wars trilogy as the radicalization of a young man (Luke) into a rebellious religious cult (the Jedi), leading to various acts of terror (destroying government defense installations, sand barges, etc.) ... or the outraged disgust from\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50078,"url":"https:\/\/hill-kleerup.org\/blog\/2015\/04\/15\/superman-always-was-kind-of-a-radical-alien.html","url_meta":{"origin":33156,"position":2},"title":"Superman always was kind of a radical alien ..","author":"***Dave","date":"Wed 15-Apr-15 9:35am","format":false,"excerpt":"Superman always was kind of a radical alien .. https:\/\/twitter.com\/HistoricalPics\/status\/588295919960985600 View on Twitter","rel":"","context":"In &quot;~Tweets&quot;","block_context":{"text":"~Tweets","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/tweets"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130952,"url":"https:\/\/hill-kleerup.org\/blog\/2016\/06\/29\/on-the-naming-of-radicals.html","url_meta":{"origin":33156,"position":3},"title":"On the Naming of Radicals","author":"***Dave","date":"Wed 29-Jun-16 12:52pm","format":false,"excerpt":"Lumping together people is sometimes useful, but (especially when intended in a negative way) is more often harmful.For those who insist that \"Radical Islam\" (etc.) is the best way to refer to members of Hezbollah and al-Qa'eda and ISIL and a variety of other groups that (a) operate out of\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26803,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/03\/02\/that-radical-unconstitutional-evil-overreach-that-romney-recommended.html","url_meta":{"origin":33156,"position":4},"title":"That Radical, Unconstitutional, Evil Overreach that Romney Recommended","author":"***Dave","date":"Fri 2-Mar-12 5:50pm","format":false,"excerpt":"Seems like some of Mitt's supporters have handed a smoking gun to Mitt's \"Romneycare = Obamacare\" opponents, by including a copy of a 2009 Romney op-ed in USA Today that urged Obama to use an individual mandate, just like they did in Massachusetts. Thing is, it's not a bad article,\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38440,"url":"https:\/\/hill-kleerup.org\/blog\/2013\/08\/10\/if-banks-are-too-big-to-fail.html","url_meta":{"origin":33156,"position":5},"title":"If banks are too big to fail","author":"***Dave","date":"Sat 10-Aug-13 10:37am","format":false,"excerpt":"The problem is that banks as presently constituted serve two distinct, and conflicting purposes:1. They serve as safe storage and utilization for liquid assets -- checking and savings deposits (personal and business), which are traditionally leveraged for relatively low-risk loan activity for homes, cars, business expansion, etc. \u00a0That's called retail\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/33156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=33156"}],"version-history":[{"count":1,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/33156\/revisions"}],"predecessor-version":[{"id":33169,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/33156\/revisions\/33169"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=33156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=33156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=33156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}