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View Diary: Cyprus: Trial Balloon of the Plutocracy (47 comments)

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  •  Banking is legalized thievery, unless the cost of (3+ / 0-)

    keeping money safe is directly attributable to the effort to keep accurate accounts. Borrowing and lending are useful enterprises, if the cost of the loan is, again, related to the cost of keeping records -- not based on the social reputation of a borrower or the tradition of letting individuals who already owe much borrow more while poor people aren't permitted to borrow at all.

    We organize governments to deliver services and prevent abuse.

    by hannah on Tue Mar 19, 2013 at 03:40:26 AM PDT

    [ Parent ]

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