On Sun, 12 Apr 2009 17:48:25 -0500, modom (palindrome guy) wrote:
>
> The capitalist line is that banks and other financial institutions
> create jobs by aggregating savings and lending money to start-ups,
> entrepreneurs, and established businesses seeking to grow. Looks to
> me like they are only making dollars. They care not for jobs, goods
> or services, except that they can buy them with their dollars.

there's something to be said for that. but after the first loan is made to
a business or homeowner, the debt/loan is sliced and diced, sold and
re-sold, with each transaction making a heavy fee for the repackager. i
don't see the utility in that.

your pal,
blake