The Boomtown Institute – Main or Wall Response

As expected, we had dozens of responses to last week’s Agurban, “Main or Wall”. The responses varied, but the overwhelming majority, about 10:1, were in agreement with my point that this is not a Main Street, but a Wall Street rescue. I stand by my views. And further, I believe if “it’s too big to fail, then it’s too big to exist”. In our capitalist economy entities “too large to fail” should be broken up until they are small enough to fail.

We started with over seven pages of responses, but have pared that down to three. These are very well thought out responses, and we thank all of you who took the time to reply.

Full Story: http://www.boomtowninstitute.com/Newsletters/20081007.html