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To: Sir Napsalot

How do you save a bank by ignoring the reason for putting money in a bank.

What fool would ever place savings in a bank that steals them.

Of course there will be a run. I am surprised that banks in America haven’t had a run on them yet.


14 posted on 03/26/2013 4:42:03 AM PDT by Venturer
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To: Venturer

>>> What fool would ever place savings in a bank that steals them.

You’d be surprised.


18 posted on 03/26/2013 4:53:38 AM PDT by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: Venturer

Wonder if this could be an opportunity for a new banking model. No interest payment on insured deposits, in fact you pay 0.1% ( or similar) per year and the Bank DOES NOT LEND OUT YOUR DEPOSITS. They actually BANK the money guaranteeing no loses.

Not monster profits. Like the current thievery system, but if you attracted huge deposits for safety........


19 posted on 03/26/2013 4:55:43 AM PDT by Kozak (The Republic is dead. I do not owe what we have any loyalty, wealth or sympathy.)
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To: Venturer

because Americans have been numbed ad dumbed down


26 posted on 03/26/2013 5:47:19 AM PDT by GeronL (http://asspos.blogspot.com)
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To: Venturer
Of course there will be a run. I am surprised that banks in America haven’t had a run on them yet.

I have noticed on many threads that lots of FReepers are pulling cash out. At least they say they are.

31 posted on 03/26/2013 1:01:15 PM PDT by houeto (https://secure.freerepublic.com/donate/)
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