We loaned the Banks our money with no interest, so that they could loan it back to us with interest.
They spend their existence (banks) loaning us money at interest, producing no wealth in and of themselves. Yet when they need a loan we give it to them interest free?
Now, many of these banks have been able to pay back the loans (without interest) while not loaning to the smaller banks that loan to us (with interest)...
Huh?
This same phenomenon carries over to the Health Insurance Industry. They produce nothing, zero value, worse they destroy value. For every dollar they earn, they destroy 7 dollars of social value. (Norman Gorman 12-14-2009) whereas a janitor in a hospital created 10 dollars of social value for every 1 dollar earned.
Both the Banks and Insurance companies share a common trait; they get paid lavishly for destroying social value.
One has to wonder then about the values of this President and Congress that they reward the destroyers of social value, while doing frankly little to protect us, the people, the creators of real wealth and value in this country.
This is not anything new but I just wanted to get this off my chest and remind everyone whats really going on here. If we want real change we need make sure our politicians stop rewarding social parasites and start helping us the people.