BrainKing - Diskusní kluby (Politics)

Moderátor: Vikings

Politics

Forum for discussing local and world politics and issues. All views are welcomed. Let your opinions be heard on current news and politics.

All standard guidelines apply to this board, No Flaming, No Taunting, No Foul Language,No sexual innuendos,etc..

As politics can be a volatile subject, please consider how you would feel if your comment were directed toward yourself.

Any post deemed to be in violation of guidelines will be deleted or edited without warning or notification. Any continued misbehavior will result in a ban or hidden status, so please play nice!!!

*"Moderators are here for a reason. If a moderator (or Global Moderator or Fencer) requests that a discussion on a certain subject to cease - for whatever reason - please respect these wishes. Failure to do so may result in being hidden, or banned."

Seznam diskusních klubů

Mód: Každý může psát

Zobrazit nejstarší zprávy jako první

18. března 2009, 00:13:00

The Usurper

zobrazit příspěvky tohoto uživatele | odkaz

Subjekt: Re:

Czuch: --What is the upside for a bank to become "predators"?--

The upside is that periodically they get to tighten the money flow, call in loans, not allow more loans to cover payments due, and foreclose....thus transferring property up the line.

Here's a whole list of great educational resources on Money & Banking:
http://www.realityzone.com/banking.html

It does come down to greed, including greed from customers, for which they are responsible. That doesn't change the fact that the entire social mechanisms in place are designed to cultivate that greed...that it is in a very real sense programmed in.

You are right in that there is no governmental solution. The solution is for the government to step out of the way, let the competition of the free market decide these issues...and stop bolstering these banks which don't mind getting into financial trouble because they know the government will bail them out. Socialism at EITHER END...for the banks or for the customer....is destructive to liberty.