The Middle Class Is Worse Off Than You Think

[truedelphi]

10. I am still trying to find the actual citation.

When you figure, using your numbers, that the Big Banks and Big Financial firms got 22 trillion in two years, and meanwhile our economy had slowed down to thirteen trillion annually, they were getting amounts equivalent to 85% of the whole economy, that is really scarey.

Most people do not realize that the Big Banks often are lending out monies only to themselves (I am a small business person, and it is nigh impossible to get a loan for a business unless you have some "in family connection," or else go on Shark tank and get one of the Sharks to invest!)

So they loan out the money only to themselves and then do deals no normal citizen can think of doing. I mean, we have some 150,000 plus subscribers here on DU - how many of us have put together an offer to buy up another Big Bank?

I am basically making these remarks as a way to continue the conversation later this week. It is way past my bed time right now.