numonex said:
Banks and stock traders do not honestly earn their wealth with their blatant ripping off of their customers. Banks and stock traders add no tangible value to the economy besides running their businesses like a casino. Privately owned international Reserve Banks use Fiat capital and print unlimited money out of thin air. Banking and stock brokers are scammers and they are always bailed out by the tax payers when they are They are not called too big too fail when they are really big: tax payers save the wealthy bankers/traders every time they blow all the money away. |
It sounds like you've never used a bank before...
Banks exist to *gasp* redistribute capital! They allow people to have a secure way to invest their money. They earn their clients money through loans. People that have money give it to people that need money. Why did we have the major bank issues in 2007-2008? Because banks were helping too many poor and minorities get houses!
Its amazing people lobby so much against banks when they do a lot of good for society. Obviously, if they take advantage of people via taxpayer money (too big to fail argument), there is a problem. However, most banks are great institutions which are critical for the development of modern societies.
Back from the dead, I'm afraid.
