1. if governments want to borrow money for their pet projects it should come from the public service pension funds
2. If the government guarantees personal bank deposits, then it should just take that away from banks and do it itself
3. If the government is going to backstop the resi mortgage market, then in my opinion residential mortgages should be created by the tax office - no tax paid, no money saved ... no money lent. use a publicly available formula to determine how much money an individual can lend
4. that leaves the banks with commercial lending and whatever else they want to do to make money, if they fail...too bad
