Bill Black: To rob a country, own a bank

By Edward Harrison On Mar 30, 2010

Update 2010-03-31. Note: I discovered the first video at the UMKC blog, where Black posts. Subsequently, I saw all the videos on YouTube where you can rate them and add to the buzz.

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

Down To Earth In Germany?

Links: 2010-03-31 – PIKs and High Yield back with a passion

8 Comments

Electronic Cigarette Girl says 15 years ago

Theres a president, dont know which one it was, who said something great about banking ruining this country
1. Edward Harrison says 15 years ago
  
  It was probably Jefferson who was suspicious of banks. Here is the quote attributed to him.
  https://www.snopes.com/quotes/jefferson/banks.asp
JPG says 15 years ago

Banks are the new nuclear weapon. If they explosed they create more damages over the world than any bomb.
problem is that they know it and they use it as a dissuasive threat to force gvt decisions.
All the bank must be fully control by GVT as they are creating money. Leaving them this right is like to give the house key to the robber.
as the only important economic factor are productions cie for the wealth of peoples banks must be there only for the fluidity fo capital and not creating any money.
But they are too strong having poins in the system to just suck the entire world.
Even in my country, many activity shops closed down and replace by banking agency. They’re like an economic cancer, spreading their parasite metabolism and suck the entire system.
We don’t need them this way.
They must be all public. Simple.

Comments are closed.