I’m not quite sure what Justice Banking is, except that it is some kind of social satire group. But you really should watch this video. What I particularly like about it is that it focuses on what I just wrote: bankers are the ones who are supposed to be looking out for their interest; the borrowers will naturally want money that they may have difficulty paying back. Of course, in this video, they take it further—which isn’t to say that it isn’t still absolutely accurate.
As we’ve seen over the last 20 years, the laws have been changed to make finance harder for individuals and easier for corporations. It is now very hard for an individual to file bankruptcy. But it is easier than ever for a corporation! Bankers have always had an easy time screwing the individual. But as banks have gotten bigger, they’ve been able to get their pals in government to make it even easier.
Check out this video. It’s really great:
H/T: Digby