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Last, rating agencies make bailouts more likely by factoring open-ended taxpayer support into bank ratings.
But the bill in play has several dangerous features that could make bailouts more likely, not less likely.
"Under the guise of financial reform, Democrats today are pushing another bill that will kill jobs, raise taxes and make bailouts permanent".
The sale will not bring the big profits Washington expected a few months ago, but any price above $28.73 can be called profitable, and profits could make bailouts more palatable to voters.
On financial regulation, Paul Ryan's 2013 budget basically cuts and pastes its recommendations from last year: It wants to repeal parts of Dodd-Frank that give new power to federal regulators to break up big banks, arguing that the regulations actually make bailouts more likely, not less so.
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In 1982, Congress amended Section 4(a) to make bailout easier to achieve in two ways.
Since everyone from the Tea Party to Occupy Wall Street was infuriated by the big bank bailouts, you'd think Congress would be proud of a measure that makes bailouts less likely.
The proponents of the push-out rule argued that it would isolate risky trading from parts of a bank eligible for a government bailout". Since everyone from the Tea Party to Occupy Wall Street was infuriated by the big bank bailouts, you'd think Congress would be proud of a measure that makes bailouts less likely.
It is the German government's condition for making bailout funds available.
Republicans say the bill would make future bailouts even more likely.
New legislation currently going through the House of Lords is meant to make future bailouts much less likely; but it remains untested.
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