[MrB]

An article in the IBD today nailed the reason for the “anti-bank” movement.

Private lenders are necessary for capitalism.

Plank 5 of the Communist Manifesto:
5. Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.

[NRG1973]

An article in the IBD today nailed the reason for the “anti-bank” movement.

Private lenders are necessary for capitalism.

Plank 5 of the Communist Manifesto:

5. Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.

Most of the corporations saw Dodd-Frank coming and have been holding onto large sums of money. I heard that corporations have over $2 trillion on the sideline. They intend to be their own banks for a while.

[illinifan]

An article in the IBD today nailed the reason for the “anti-bank” movement. Private lenders are necessary for capitalism. Plank 5 of the Communist Manifesto: 5. Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.

As in we need more loans like the DOE fiasco with Solyndra?