Will dad make this freeloading bank get off the couch and pay its own way? 

Governments often compete to draw in businesses, because those businesses bring jobs and tax revenue. But governments don't compete to bring in indigent people because such people consume more than they add.

What about indigent businesses that mooch off the state?

I'm talking of course about Big Banks.

Ira Stoll at "The Future of Capitalism" captured this gem:

The president of the Kansas City Fed, Thomas Hoenig, writes in the Financial Times about reports that UBS is considering moving its headquarters out of Switzerland: "Recent news reports, however, suggest that Swiss regulators may even favour UBS moving its investment banking activities abroad, so that their government no longer would face the risk of bailing out a company that is twice the size of the Swiss economy."

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Timothy P. Carney

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