Adult Supervision
Some politicians say that banks need more regulation because JPMorgan Chase lost $2 billion, about 2 percent of its annual revenue.
Meanwhile, the federal government will have a deficit of about $1.3 trillion this year, more than half its annual revenue (and about a third of its annual spending).
Is there some sort of regulation that might remedy that?
Posted on May 14, 2012 Posted to Cato@Liberty
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