It was small banks that failed in the 1930s, not big banks; those very failures were engineered by the same class of big bankers (Banksters!) who are engineering today's massive financial frauds. Make credit easy, and encourage people to take on massive debt; then make credit difficult, driving debtors into failure, and grab collateralized assets at a fraction of their actual value (and along the way, get the taxpayers to pay the bill). This is why fractional reserve banking and the Federal Reserve were forced upon us; they are "legal" mechanisms for allowing the Rockefellers and Rothschilds to confiscate our wealth.
That's pretty much the pith of this scheme, when you boil it all down.
It is also the same sort of thing that drove both the dot-com and real estate bubbles....
With this dandy little manipulation, we are inexorably stripped of our liberty and property.
If anyone has any doubt that We the People are being systematically destroyed by the Obama Administration, this ought to dispel it.
Thanks for your insight, Renfield!
Yes! Banks want to hold lots of real estate. Sure way to book big profits. How's that been working?
This is why fractional reserve banking and the Federal Reserve were forced upon us
We've had fractional reserve banking as long as banks have taken deposits and loaned a portion of those deposits back out. Hundreds of years. Even under a gold/silver standard. It has nothing to do with the Fed.