The answer is zero. And the reason the answer is zero, sir, is because it would take money away from people who did not get their own money.
Scott Garrett: “The answer is zero. And the reason the answer is zero, sir, is because it would take money away from people who did not…”
Editor's note · Context
Garrett explains the implications of Ponzi schemes on SIPC payments.
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More from Scott Garrett
The Export-Import Bank transformed the role of Government from a disinterested referee in the economy into a biased actor that uses your taxpayer dollars to tilt the scales in favor of its friends.
For too long our financial regulatory system has been governed by global networks of really detached elites who believe they are smarter than the market and the people when it comes to allocating and assessing risk.
It is hard to imagine anything more unfair and un-American than having the Government financially support mega-corporations at the expense of small businesses and American workers.
For the sake of the American taxpayer and preservation of the free enterprise system, Congress should put the Export-Import Bank out of business.





