RE: Another litany of 'illegal' and 'unethical' house seizures by lazy banks
December 22, 2010 at 6:46 pm
In one circumstance you invest other peoples money in exchange for services such as security, withdrawal and interest payments for a low quality high quantity profit.
In the other circumstance you steal a bunch of cash outright without negotiating any return for the owner of the cash, it's high quality low quantity.
There is your difference - Just implying that banks are thieves doesn't make it so. I like my bank, my interest payments are only slightly more than my fees, but I get to more easily store, manage and withdraw my funds as well as making fast transfers to other people making obtaining the goods and services I want easier, not to mention the loan rate is fair.
In the other circumstance you steal a bunch of cash outright without negotiating any return for the owner of the cash, it's high quality low quantity.
There is your difference - Just implying that banks are thieves doesn't make it so. I like my bank, my interest payments are only slightly more than my fees, but I get to more easily store, manage and withdraw my funds as well as making fast transfers to other people making obtaining the goods and services I want easier, not to mention the loan rate is fair.
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