The banks need all the capital they can get, as they're over exposed to our housing market. As it is now they're already borrowing from offshore lenders (UK, Japan, etc) to keep the housing market churning as local bank deposit sizes are at drought levels. Hurt the banks and you expose the whole ponzi scam that is our housing market. That's why!
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- kevin whynot tax the banks as well??
The banks need all the capital they can get, as they're over...
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