Thursday, 20 January 2011
The Government is part of the banking industry even if it is not aware of the fact
The banks (and the Government) force citizens to pay deposit insurance and make good on their deposits, otherwise they will be thrown into prison, as with taxes. The Government are the banks. Politicians are politicians alone (and not bankers) if they do not enforce deposit insurance, until that point they are nothing more than an extension of the banking industry.
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