Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.3 4.3bsd-beta 6/6/85; site l5.uucp Path: utzoo!lsuc!watmath!clyde!burl!ulysses!gamma!epsilon!zeta!sabre!petrus!bellcore!decvax!decwrl!sun!l5!laura From: laura@l5.uucp (Laura Creighton) Newsgroups: net.politics.theory Subject: Re: capitalism vs. democracy??? Message-ID: <343@l5.uucp> Date: Tue, 17-Dec-85 03:02:11 EST Article-I.D.: l5.343 Posted: Tue Dec 17 03:02:11 1985 Date-Received: Wed, 18-Dec-85 20:02:42 EST References: <261@gargoyle.UUCP> <286@frog.UUCP> <267@gargoyle.UUCP> <1793@teddy.UUCP> <27@cascade.ARPA> <1924@psuvax1.UUCP> Reply-To: laura@l5.UUCP (Laura Creighton) Organization: Nebula Consultants in San Francisco Lines: 27 >Imagine that there is no regulations. Then you might have: you >want to borrow, deposit here, insure here, use us as a brocker. >Or worse: we do not like you, we will recommend everybody not >to borrow you. >Example two: you do not want a financial chaos, help us (and pay >taxes to do it). >Depriving you of an asset you use (like a house) may be quite a >punishment. Unregulated power of banks could be very destructive. > >Piotr If this happens it is very good news for me. Because I will make a hell of a lot of money just by opening up the Toad Terrific Savings and Loan company which does not have such terrible restrictions and is open on weekends. If I am the only bank doing this, then I should get a great flood of customers through my doors. Problem solved. Are there *still* people out there who don't realise that it is possible to make a great deal of money by treating people fairly and well? -- Laura Creighton sun!l5!laura (that is ell-five, not fifteen) l5!laura@lll-crg.arpa