Banks drive customers to Credit Unions

[Seacrest]

mattkime wrote:
>>If banks hadn't been bailed out and, had been allowed to fail due to their bad decisions, I think we'd all have been better off.

Ug, no no no. As hateful as these institutions may be, they still play a critical role in our economy and one that most consumers don't see.

The real effects of bailing out the banks have only begun to be felt.
There will be more consequences down the line that will leave us worse off, and that could have probably been mitigated had we not bailed out the banks, or at least not bailed them out out in such a favorable (to them) manner. Even if one buys your argument that the notion of "bailouts" is good, this particular bailout was done very poorly -- it rewarded abject failure, and did not set the table for meaningful reform.
Here's another book recommendation.