Quote:
Originally Posted by Azure
Private banks aren't the problem. The fact that the US banks own assets worth 60% of the US GDP is the problem.
They need to be broken up. Smaller local and community banks need more help so they can thrive as well.
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They are a problem when these banks can contribute to political parties and their candidates.
They are a problem when every FED/Treasury position is headed by former or soon to be employees of said banks, who along with most of the other candidates in both parties all went to the same two or three schools and belonged to the same fraternities, as did their parents.