posted on Jan, 22 2010 @ 03:50 PM
Originally posted by Algebra
Its easy to view the banks as some evil entity. The truth is that they can only get away with what the government lets them.
I agree with you in part, but where I feel this is different for banks is in how they have manipulated the political system, either through lobbying,
direct action (look at all the former GS people in the US Treasury) or plain and simple bribery.
The amounts of money involved can motivate many people who thought they were beyond the influence of this kind of thing.
While I have no proof, I am quite certain that the tentacles of GS and the like reach deeply into the pockets of the families of the political elite.
These entities are leaches on society - they don't make anything - they just sit in the middle and syphon of funds from legitimate business
activities. Anything that these banks support should be looked on with great suspicion. I am a conservationist, but am highly sceptical of carbon
trading schemes simply because the investment banks are the main people clamouring for carbon markets to be introduced. The key word is market -
they'll be able to sit in the middle once again and steal more wealth from legitimate enterprise.
Sure, they are very smart - they've come up with so many esoteric ways to create money that I don't think anybody really understands it in full.
Being smart however, does not mean they are benevolent. It's only my opinion, however I feel the sooner we are rid of these banks the better - but
there's too many snouts in the trough to expect our politicians to act. They'll keep the good times rolling as long as they can, putting your tax
dollars in their buddies pockets until it all comes tumbling down.