VA-11 Hall-A Bar
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
@King@lemy.lol to People Twitter@sh.itjust.works •
edit-2
1 year ago

Banks need it /s

lemy.lol

message-square
147
960

Banks need it /s

lemy.lol

@King@lemy.lol to People Twitter@sh.itjust.works •
edit-2
1 year ago
message-square
147

Bluesky Post.

  • @Glitch@lemmy.dbzer0.com
    link
    fedilink
    45•1 year ago

    If banks are funded by the government (ongoing bailouts and ridiculously beneficial laws for them) then they should be considered a public service and available to everyone, at least at a basic level

    • @chuckleslord@lemmy.world
      link
      fedilink
      13•1 year ago

      Post Office bank when?

      • @Crack0n7uesday@lemmy.world
        link
        fedilink
        1•
        edit-2
        1 year ago

        There’s already the national treasury, it’s why Aaron Burr killed Alexander Hamilton, he thought creating it created the exact same system that England had set up and was the whole reason we fought the revolutionary war. Aron Burr said that the creation of that bank made Alexander Hamilton the first real traitor to the US. Your just not rich enough to use the National Treasury as a bank.

        • @chuckleslord@lemmy.world
          link
          fedilink
          2•
          edit-2
          1 year ago

          Dude, Andrew Jackson dissolved the central bank that Hamilton started. The US wouldn’t have a central bank again until the foundation of the Federal Reserve in 1918. Like, did you start this conspiracy after listening to Hamilton?

          And the national treasury is something entirely different than the central bank that Hamilton established.

    • @jaschen@lemm.ee
      link
      fedilink
      7•1 year ago

      It did in the early 1900s to about late 1960s. It was killed because some banking lobbyist killed it.

      https://en.wikipedia.org/wiki/United_States_Postal_Savings_System#:~:text=The Postal Savings System was established as a,postal banking system%2C while Democrats preferred deposit insurance.

    • @afraid_of_zombies@lemmy.world
      link
      fedilink
      3•1 year ago

      I agree. The moment they took a bailout is the moment they became a public utility.

People Twitter@sh.itjust.works

!whitepeopletwitter@sh.itjust.works

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !whitepeopletwitter@sh.itjust.works

People tweeting stuff. We allow tweets from anyone.

RULES:

  1. Mark NSFW content.
  2. No doxxing people.
  3. Must be a pic of the tweet or similar. No direct links to the tweet.
  4. No bullying or international politcs
  5. Be excellent to each other.
  6. Provide an archived link to the tweet (or similar) being shown if it’s a major figure or a politician.
  • 865 users / day
  • 3.42K users / week
  • 8.27K users / month
  • 18.9K users / 6 months
  • 7.64K subscribers
  • 1.37K Posts
  • 62K Comments
  • Modlog
  • mods:
  • @SendMeYourTaTas@sh.itjust.works
  • @pelespirit@sh.itjust.works
  • BE: 0.19.1
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org