I offer this with VK permission as a sub

for his thread on economics which became a very silly thread...just for information I noticed this item...

"Jamie Dimon did his thing, and people liked it. The chairman and CEO of what many consider to be the best bank in the U.S. came out guns blazing and touched on every issue related to regulation and banking."

"After acknowledging the severity of the European sovereign debt crisis, and the only temporary effect of the ECB’s LTRO liquidity programs, Dimon said “the U.S. is the opposite of Europe, we know the way [to solve our crises], it’s called Bowles-Simpson.”

“Our problem is that we don’t have the will,” explained Dimon. The problem in the U.S. is political, he explained, as Democrats and Republicans have pushed each other so far apart that they’ve created unnecessary problems, such as the debt ceiling crisis, that aren’t structural but political in nature."

JPMorgan Chief Jamie Dimon Asks For Simpson-Bowles Now - Forbes


OFFERING AS A SUB DOES NOT MEAN OR IMPLY THAT VK ENDORSES THIS AT ALL !!!!!!!!