Activity

the internet's constantly churning charnel house of pointless provocation

[...] In public banking, as in health care, the state is guided by more than the profit motive—namely, it risks self-damage if it forces borrowers into debt, for those suffering people will either become more eligible for public-funded programs or will otherwise drain the resources of the state. Ri…

But capitalism is abuse by design, and there can be no lasting truce between lenders and borrowers until the lenders are no longer motivated by profit. This is because capitalism doesn’t just permit exploitation of the working class by the owning class; it requires it. Abuse will manifest itself …

For his part, Franklin D. Roosevelt blamed usurers, among other financial malefactors, for the crash and relentless depression; he quoted the Bible to condemn the high-interest practices that flourished in and out of sanctioned institutions throughout the nation. But a decidedly moral view of Ameri…