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Nov 2009
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Learn-from-History .com offers an Economic
history lesson |
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Learn-From-History.com |
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TLC-Life-Center ²
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March 2009 Creating a Public-Service Banking System |
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A Logical Question is: Can Government Regulations Solve the Financial Crisis? |
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. . The Answer is No! More regulations would produce the opposite. It would be more of the same old failed policies. Every federal government regulatory agency thus far set up has been taken over by those it was supposed to regulate. No regulations thus far proposed have addressed the problem of the huge conflict of interest between making a profit and providing the public with honest and fair-priced financial services. Because big money interests own the politicians, the agencies to be regulated get the politicians to pass the laws that they (those supposed to be regulated) want passed and then claim that the law requires them to do what they want to do. The public gets screwed and the organization rake in additional billions of dollars. **msc1 With regard to the present (March 2009) financial crisis, the proposed solutions include adding more bureaucratic regulations to the financial industry. Obviously those who control and manipulate the nation's money need some restraints. The question is not simply which regulations to add, rather, it's how to avoid the corruption that produced the problem in the first place. Regulations do produce positive results, but the side affects are often worse than the original problem. The other major question is "Who is going to be in control?" This leads to the next two more questions: "Are there any alternatives to more bureaucratic regulations?" The answer is a resounding YES! Is there a way to eliminate huge conflict of interest between making a profit and providing the public with honest and fair-priced financial services? Again, the answer is a resounding YES! That answer involves re-designing or replacing the public-service portion of the banking industry -- the portion which provides home loans, student loans, auto loans, et cetera. This can be accomplished with the use of a network of independent, non-profit foundations. The link below will take you to the page which describes the process: Create a Public-Service Banking System A Nine-Phase Approach toEnding the Home Foreclosure Crisis and Re-designing the Banking and Financial Systems |
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Section Content "The Power of Forgiveness"
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Notes and References |
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. **msc1 **msc1 Probably the most wide-spread, the most blatant, examples of this is the telephone industry. Have you looked closely at one of your telephone bills lately? Have you noticed how many taxes, fees, and charges for "who knows what" that you are paying each month? Did you ever wonder how all those charges got added to your bill and where that money actually goes? When you ask the phone companies, they say, "It's the law. We have to charge you these fees." But they won't bother to mention how the those laws came into being. When you look to see where the money actually goes, it turns into a mystery that would even baffle Sherlock Holmes. If you had a million customers and managed to add just a penny a month to their bill, that's $10,000 a month more in your pocket, and what customer is going to complain, or even notice what you have done?Remember, the ultimate crook is the one that steals without anyone ever finding out that they've been robbed. |
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If you have not
yet experienced Learn techniques
that can be used to enhance your skills and . |
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Back to the top of this page ¹ TLC-Life-Center Family of Websites Copyright © 2009 -- Robert E. Coté -- The Life Center All rights reserved. See: Terms of Use --- Privacy Statement . Site 53 -- Learn from History .com Page -- Can Government Regulations Solve the Financial Crisis? http://www.Learn-From-History.com/government-regulations.html#53 http://www.Learn-From-History.com/big-brother-or-we-the-people.html#53 ² Can Government Regulations Solve Financial Crisis-53-Learn-From-History.com . .... |
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