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Milton Friedman
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John from S. MN
Posted 7/26/2013 09:37 (#3230348 - in reply to #3230158)
Subject: RE: Milton Friedman


I think the major problem with Banks today and is a big reason for the 2008 debacle is the huge size of about 4 players that control everything, from commodities, to stocks, to pensions to insurance. They are to Big to Fail and get away day after Day with Raping the economy. With these huge banks were all broke up into 20 pieces and seprate from just banking or just commodities or just insurance, etc........I think the economy would allow for the middle class to thrive. Today the middle class is getting squezzed out of the equation. Someday nobody but the rich will be able to buy cars and houses if the middle class dies. And these huge Banks are not the only clause, but they are HUGE "Sap-Suckers"...........JP
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