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| Now I believe attorneys and bankers are equally bad.
Banks need to be returned - forcefully - to what they were originally were designed to do.
Take in savers $s and loan those $s out based on good debt to equity ratios and strong abilities to pay.
Our current banks are playing Ponzi schemes with each other - still - and if truth be told most of the big banks are currently insolvent. Meanwhile, a select few are getting rich and we are paying for it with no tangible goods/service to show for it.
I will be the first one in line to cheer for someone to make a million (even a billion) if they provide a product/service that adds value to the economy/world. However, this crap that has gone on for 20 or more years needs to stop and people need to go to jail. These banks make Madoff look like a petty thief and both the Republicans and Democrats have fostered it. | |
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True state of the banking system
