Banks are an integral part of society and the economy. You as an individual are not essential to the economy. You are a worker bee. Banks may be placing bets, but it is with money that exists. When you are betting with your pension, you are betting with money that does not exist. It is like I said before. Pensions are carrots on a stick. It is the prerogative of the company to offer them and it is also the prerogative of the company to get rid of them.
Banks make loans to people like you so that you can live beyond your means and buy a house or a car. Only the rich would be able to take vacations and buy nice cars if banks reverted to the way that they were in the 1950s in the US. You had to buy your car for cash right on the spot. It is either as it is now or you can choose to have it revert to the way it is was. We can get rid of credit cards, which are offered by banks. We should make it so that the only way to can buy something is with cash or physical liquidity. Lay-away was the beginning of the end for fiscal responsibility.
Don't complain about banks if you are using their services. :smart:
Apparently, the irony is lost on you. You love to bash capitalism until it suits you. p.s. "Gr8"
Hi hhiusa
You are extremely entertaining and have many of the attributes of your great Donald Trump - high IQ - living in la- la land - conveniently missing out many truths in your stories - a total wind up merchant to get reactions and been educated with loads of misconceptions.
Banks are like Lawyers and marketing people ie they are parasites and should be looked upon differently to other businesses that actually are helping the whole economy - rather than ripping it off.
They all started with good intentions and then realised the power they had and started to take over assisted maybe by "soft" governments rather than being put firmly into their correct place and made to give proper services and not abuse their customers money.
You are so wrong in so many of your comments - even dividing people by their intelligence and wealth and not realising so many of your Billionaires borrowed money as well as stealing it from the government and more importantly the public
Lets look at Donald Trump has he is my favourite "thick and devious" American with a massive mindset problem. His first fortune came from the US government via his Father in the early 1940's and he inherited it. He then borrowed like mad and was way over leveraged - but being a very "clever" businessman ( which he his ) was able to make it that if he went down - so did many others - including a few smaller banks - ie he did a "blackmail " job and stitched them up rotten. Extremely clever in being ruthless and strong in business - but again brought up in a "private US school " system that basically brainwashed their students to think they were superior to anybody else ( ie a bit like the IS as of now) and that the US and world needed them.
You hhiusa need to get out into the big wide world and then you would understand that you have been "brainwashed" as well.
I worked closely with a UK billionaire in the mid 1980's ( at that stage he was only a multi millionaire ). He was also brilliant at borrowing money but without paying interest on it. Instead he used cashflow to grow ( even having to go to jail for a short period for not paying his VAT taxes ) and took up to 180+ day to pay his suppliers and creditors - things that you frown upon being undertaken by mere normal mortals who should not borrow to buy a car or house.
You really do take the "biscuit" for being very intelligent but just not understanding what really is going on out there.
I dont like your contempt but then again I do like your entertainment value
Please keep it up
Regards
F
