Except that...geezer_alsoNovember 22 2014, 23:45:44 UTC
we have public banks; in the form of credit unions. Granted the interest does not go to funding public works and services, however, it is my view that that is the purpose of government, in the form of taxation.
(the following is based on my perceived understanding of your points and your basic premise :D) I agree that it probably is a crime for people to make money off of money, especially if that is their only contribution to society. However I also feel that it's a "crime" for someone to make millions because they can hit or throw or catch a ball (no matter the size or shape, or even a puck) better than most other people. Or for that matter happen to have a "look" and can read off a teleprompter. While, I would also agree that the gap between the very rich and the rest of us is widening, and could be called obscene, I don't really care. Take a large number (if not the majority) of the athletes and musicians who come from a very poor background, and give them millions, you know how they normally end up...in debt. Why, because, with many exceptions, they didn't have to scratch, claw, and fight for it. If you were to track those who are considered the super-rich (there is a TV show on the lives of the super rich...you would see that the majority are 1st or 2nd generation.
Ya know what, there are two things I would really like to have; a signed 1st edition Tom Sawyer and the Painting "Seven Cities of Cibola" by Carl Barks (I do have a signed and numbered litho) other than that, I honestly can't think of anything else being super rich could get me that I really want or haven't had (such as NM/M Spidy 1-10) I'm just too easily content to get too bothered about what someone else has :D
Credit unions? They are still private banks. Instead of shareholders and owners, they have depositors who are entitled to a say in and a share in the banks operations.
Not public, though.
There is only one public bank left in the US, the Bank of North Dakota. Yes, yes, I am well aware of the oil they are cranking out like it's the Gold Rush; still, they are probably the most fiscally sound state because of their bank. People borrow, they repay with interest. Instead of that interest going to enhance private fortunes, it goes to underwriting the state itself.
With this, the state charges fewer taxes for the same amount of infrastructure.
Read that line above and tell me public banks are something that conservatives must reject.
When we discuss lines of work, banking is different. It is the creation of our sovereign money somehow farmed out to-with the profits of this manufacture going to-people who do not have the best interests of the society at heart. It is not pro ball. It is not show biz.
(the following is based on my perceived understanding of your points and your basic premise :D) I agree that it probably is a crime for people to make money off of money, especially if that is their only contribution to society. However I also feel that it's a "crime" for someone to make millions because they can hit or throw or catch a ball (no matter the size or shape, or even a puck) better than most other people. Or for that matter happen to have a "look" and can read off a teleprompter.
While, I would also agree that the gap between the very rich and the rest of us is widening, and could be called obscene, I don't really care. Take a large number (if not the majority) of the athletes and musicians who come from a very poor background, and give them millions, you know how they normally end up...in debt. Why, because, with many exceptions, they didn't have to scratch, claw, and fight for it. If you were to track those who are considered the super-rich (there is a TV show on the lives of the super rich...you would see that the majority are 1st or 2nd generation.
Ya know what, there are two things I would really like to have; a signed 1st edition Tom Sawyer and the Painting "Seven Cities of Cibola" by Carl Barks (I do have a signed and numbered litho)
other than that, I honestly can't think of anything else being super rich could get me that I really want or haven't had (such as NM/M Spidy 1-10) I'm just too easily content to get too bothered about what someone else has :D
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Not public, though.
There is only one public bank left in the US, the Bank of North Dakota. Yes, yes, I am well aware of the oil they are cranking out like it's the Gold Rush; still, they are probably the most fiscally sound state because of their bank. People borrow, they repay with interest. Instead of that interest going to enhance private fortunes, it goes to underwriting the state itself.
With this, the state charges fewer taxes for the same amount of infrastructure.
Read that line above and tell me public banks are something that conservatives must reject.
When we discuss lines of work, banking is different. It is the creation of our sovereign money somehow farmed out to-with the profits of this manufacture going to-people who do not have the best interests of the society at heart. It is not pro ball. It is not show biz.
It is different.
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