Record High Consumer Debt (CBS News)
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The problem is not banks, the problem is stupid people
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What ever happened to usuary statutes?
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@redarrowhead2 So...we should keep the federal reserve??? NO waay! federal reserve is for Pig bankers.Federal reserve is so criminal.
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@Gioxtream Bad idea. Giving governments the power to control monetary policy would give them an even easier way to manipulate money to push their expensive programs. Governments would accommodate the value of the currency to their spending habits and not the other way around.
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Problem is interest rates are low so nobody has an incentive to save (other than in the stock market).
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The money supply should be in the hands of the Government.Not the bankers.
The Constitution says so. So the bankers are predators.
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Like, bummer. Before you overcharged folks completely max out, use the last of your available credit to pay for bankruptcy. Way to go, babes!
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ha ha - yeah its always someone else's fault. Stop spending the money and stop blaming the bank for your own irresponsibility. Spend only what you have and this would not be an issue for anyone.
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The Banks = domestic Terrorists
mars3400 2 years ago 5
Beyond being legalized loan sharks, Federal Reserve Banks and their Credit Card companies are Federally LEGALIZED COUNTERFEITERS, authorized by the Federal Reserve Act of 1913 - after which we had RELENTLESS INFLATION as the result of their legally sanctioned "lending" of "money" created out of thin air, which drove prices up, and caused eventual recession and depression... TWICE - 1928 AND 2008.
HurricaneHeidi 2 years ago 3