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Texas banker: Let the reckless oil companies die

oil bankruptcy

Dick Evans isn't losing sleep over the turmoil rippling through the U.S. oil industry.

The Texas banker -- who defiantly rejected bailout money during the financial crisis -- is a firm believer in free-market capitalism where survival of the fittest rules.



Hello! It is not the companies that die. It is the money that the same banks lend to the reckless oil companies dies. And the bank patrons are once again left holding the bag. Well, actually it is the taxpayers who fund the FDIC insurance pay for it.

Nothing comes out of the bank CEO's pocket, except the income taxes like everybody else.



agoLiberals need to understand they are the cause of all the world's problems. Get rid of the liberals and you get rid of the problems.


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