Banks schmanks...
Well, here's the new American Revolution... Not political, but financial. For generations it has been all about profits to the owners, the stock-holders. Everything in how we do commerce has long been arranged to the benefit of that dynamic. The credit give-away that has turned to debacle came out of the striving for ever more profit. Now that credit-giving is tightened up and running scared, the only people who can buy stuff are those who can buy it outright. Only those who already have money... Sign in to see full entry.