Nevertheless...
... I'm amazed by the number of people who seem not to have realised that the primary function of a bank is exactly the same as the primary function of any other business - to make a profit.
This genuinely seems to have come as a revelation to many.
(
Enzyme is powered by sunlight, Tue 20 Jul 2010, 11:31,
Reply)
Thats because most people dont care
The majority of people see banks as a business, so get pissed off when they see tax payers money used to help them out.
It would take weeks to explain to these people WHY we gave them the money
(
Joe Scaramanga with a G-double-O-D vibration, Tue 20 Jul 2010, 11:45,
Reply)
The banks...
...which made a profit aren't necessarily the problem in this case. The ones that failed, received huge public cash bailouts, then continued in exactly the same failing business practices as before? They're a problem.
(, Tue 20 Jul 2010, 11:49, Reply)
All the same
If you're accepting of a broadly liberal, broadly capitalist model of political economy, you're going to have to bite the bullet every now and again.
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Enzyme is powered by sunlight, Tue 20 Jul 2010, 12:04,
Reply)
and not get all "morally outraged" and hypocritical if you couldn't give a shit when times were good,
and your house was worth 50 billion-squillion poundrals.
(
JamTallons, Tue 20 Jul 2010, 12:18,
Reply)