Quote:
Originally Posted by amacman
they give cheap loans to employees and friends then rob anyone who gives them the opportunity . truth .sure they need to attract savers and investors but the interest charged on loans varies widely depending on the gullibilty of the borrower .
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Do we need additional legislation and regulation to protect the stupid from their own stupidity (understanding that each of these increases the cost for the more savvy consumer)? Where does it end? Today it's banking, tomorrow Ebay? Shouldn't Uncle Barack also protect people on Ebay from paying too much (I see variable pricing there as well preying on the gullibility of the purchaser)? Maybe the gov't should establish appropriate pricing for all goods and services?