Re: Mind's Eye Radical banking

O dear- are we going to sink into politics?

On Oct 23, 9:24 pm, Francis Hunt <francis.h...@gmail.com> wrote:
> A tax mechanism straight from Romneyworld, with the proceeds going directly
> to the 1%
>
> On 24 October 2012 02:13, archytas <nwte...@gmail.com> wrote:
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> > Banking is estimated to contribute between 8 and 14% of UK GDP.  It
> > will be smaller in most other countries, but is still held to be
> > vital.  I doubt the figures but this doesn't really matter  At 14%
> > banking matches manufacturing contribution in the UK.
>
> > In a business account we always want to reduce bank charges to a
> > minimum.  Financial services are a cost to be reduced to minimum.  I
> > can never see why we have fallen for the idea that moving money around
> > has anything to do with a productive economy.  We would hardly
> > organise hard work like clearing farm land by matching the number of
> > us breaking our backs with a similar number of bankers sitting in
> > armchairs.
>
> > I tend to think banking is just a front for organised thieving.  We
> > cut out all kinds of management and jobs in manufacturing and it's
> > hard to see how piling bank buildings high with staff makes any
> > sense.  In science we generally try to reduce resources going into
> > control to a minimum.  We need some radical ideas on how Al Capone is
> > getting away with all the banking going on.  My guess is banking is
> > really just a tax mechanism we don't get to vote for.
>
> > --
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> --
> Francis Hunthttp://francishunt.blogspot.de/- Hide quoted text -
>
> - Show quoted text -

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