BrainKing - Discussion boards (Politics)

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Politics

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5. December 2011, 02:57:13

Papa Zoom

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Subject: Re: Instead of prosperity, socialism has brought economic paralysis and/or collapse to every country that tried it.

(V): Banks are not the problem. Government is. Regulations are in effect, but not followed. In some cases, the government forced bank policy to act against sound financial sense. Many banks saw only dollar signs and went along. Some got greedy. Many didn't. Credit Unions are still strong. I have all my money in a local credit union. Investing in my community. Bank greed is a symptom of a deeper problem. So your only 1/2 right on that point.