Why do we need private banks

[capeman]

So that a ponzi financial system can be created where paper pushers collect millions in bonuses and the banks can loot everyone from depositor to investor to taxpayer to government.

What kind of question is that? 😉

[CA renter]

As long as the taxpayer is taking all the risks, then we really do NOT need a private banking system.

If taxpayers are paying for it during bad times, we might as well profit from it during good times.

Personally, I see no reason for private bankers to be in control of a nation’s currency. It should fall under the control of the U.S. Treasury.

[CA renter]

As long as the taxpayer is taking all the risks, then we really do NOT need a private banking system.

If taxpayers are paying for it during bad times, we might as well profit from it during good times.

Personally, I see no reason for private bankers to be in control of a nation’s currency. It should fall under the control of the U.S. Treasury.

[CA renter]

As long as the taxpayer is taking all the risks, then we really do NOT need a private banking system.

If taxpayers are paying for it during bad times, we might as well profit from it during good times.

Personally, I see no reason for private bankers to be in control of a nation’s currency. It should fall under the control of the U.S. Treasury.

[CA renter]

As long as the taxpayer is taking all the risks, then we really do NOT need a private banking system.

If taxpayers are paying for it during bad times, we might as well profit from it during good times.

Personally, I see no reason for private bankers to be in control of a nation’s currency. It should fall under the control of the U.S. Treasury.

[CA renter]

As long as the taxpayer is taking all the risks, then we really do NOT need a private banking system.

If taxpayers are paying for it during bad times, we might as well profit from it during good times.

Personally, I see no reason for private bankers to be in control of a nation’s currency. It should fall under the control of the U.S. Treasury.

[Anonymous]

We aren’t the first to debate this: http://en.wikipedia.org/wiki/First_Bank_of_the_United_States

[Anonymous]

We aren’t the first to debate this: http://en.wikipedia.org/wiki/First_Bank_of_the_United_States

[Anonymous]

We aren’t the first to debate this: http://en.wikipedia.org/wiki/First_Bank_of_the_United_States

[Anonymous]

We aren’t the first to debate this: http://en.wikipedia.org/wiki/First_Bank_of_the_United_States

[Anonymous]

We aren’t the first to debate this: http://en.wikipedia.org/wiki/First_Bank_of_the_United_States

[(former)FormerSanDiegan]

Why not also get rid of all of those lousy private credit unions too ?

[(former)FormerSanDiegan]

Why not also get rid of all of those lousy private credit unions too ?

[(former)FormerSanDiegan]

Why not also get rid of all of those lousy private credit unions too ?

[(former)FormerSanDiegan]

Why not also get rid of all of those lousy private credit unions too ?

[Author]

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