e-commentary

“Son, I’ve got two pieces of advice for you.  One, never let your investments out of your sight.  Two, never give your money to someone else to invest.  And while we are at it, a third piece of advice.  Never trust a banker.”

The work “banker” is derived from the word for “bench” because individuals waited on a bench to obtain a loan.  We may need to bench the bankers.  The entire economic system is premised and predicated on trust and yet the entire American economic system is built on deception and mistrust.

Bumper stickers of the week:

Re-enact The Glass-Steagall Act

Never Trust a Banker (What about a credit union officer?)

This entry was posted on November 2, 2009 at 9:57 am and is filed under Bailout/Bribe, Economics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.