Showing posts with label unbanked. Show all posts
Showing posts with label unbanked. Show all posts

Saturday, July 20, 2013

"Unfettered Capitalism" - - -

"Unfettered Capitalism" = protected from competition -- usually by "regulation" -- (and/or subsidy) by a government. Otherwise "capitalists" are seriously fettered by "we the customers." Which is why the capitalists engineer protection -- usually by regulation -- (and/or subsidies) from a government.  --L. Reichard White, Saturday, July 20, 2013 10:54 AM
P.S. This is the ultimate result of what, when applied to bank bailouts, is called "moral hazard" as businesses learn how to get governments to underwrite their operations -- using taxpayers' money. 


Sunday, May 26, 2013

Why not UNBANK?

Having money in a bank is like having a joint account with the government. --Dr. Amanda Kim Case, Sunday, May 26, 2013 10:19 AM
Why not unbank?