Farmer grows beans, customer works as a store clerk. Customer uses money from paycheck to buy beans for dinner. Farmer pays his bills with the money from the customer.
Why are banks dictating what is grown, what do banks bring to this basic cycle-of-life? Why do banks take a dis-proportionate share of all dollars that change hands in our free enterprise system even though they participate so little in the process?
Now, I realize that the banks and bankers want to be as rich as Bill Gates, dah, then why don’t they invent a product or service that really benefits millions of people like Bill Gates and his crew did?
It amazes me that they offer so little in services, other than making billions of dollars when the public is in trouble (from NSF fees, which by the way used to be called overdraft charges, but they made a law to change the name to Non-sufficient Funds so the didn’t have to actually pay the overdraft for you but they could still charge the fee)…
Look at the facts, now you can do more “banking” bill paying etc., with less risk and for much lower cost, at the local Wal-Mart cash center than you can at your local bank! So it’s no wonder that they are in trouble, but that fact that they were allowed to dip into our national treasury to solve there problems should be a concern of every American citizen.
BORROWING FROM PETER TO PAY PAUL:
THE WALL STREET PONZI SCHEME CALLED FRACTIONAL RESERVE BANKING
THE SECRET OF CHINA’S MIRACLE ECONOMY:
THE GOVERNMENT OWNS THE BANKS RATHER THAN THE REVERSE
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Farmer grows beans, customer works as a store clerk. Customer uses money from paycheck to buy beans for dinner…..