Guns and Banks
 

Only with the government acting as a full partner in the banks activities. By itself, a bank that tries to pull hyper-risky behaviour can't do much, since the free market will kill it off rather quickly without government protection. It should read, "Give a man a bank, and government officials that will regulate his competition out of existance, and then help him to offset his risks through government agencies, and then when all else fails, bail him out with tax payer money, can rob the world."





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I like the way you explained that Sperbonzo :thumbsup Once the bank has enough money they can start buying up the government

Sure, but that is only useful if we allow the government the power to regulate the free market in order to destroy competition, create agencies that can take on banking risk, and use our money to bail out cronyists.


If government did not have that power, then it would make no sense for the banks to try to buy it up, since it would do them no good.


.:2 cents:

:thumbsup