cobolhacker.com

2010/6/24

The Shit Machine

Filed under: General — cobolhacker @ 13:44

My bank raised my interest rates today. Our contract lets them do this. I don’t owe them all that much money but it’s the principle of the thing. Interest rates are at an all time low. Bank profits are at an all time high. You’re making solid money, why do you need to make more?

http://www.rollingstone.com/politics/news/12697/64833?RS_show_page=0

It’s long, but an interesting read I stumbled upon a while ago, and it sums up nicely why I’m really starting to hate banks, financial institutions, insurance companies and large corporations in general. There seems to be no boundaries to their greed. And not just greed on behalf of the shareholders, a personal greed, enriching tiny groups of executives who seem get larger and larger bonuses the more adept they are at ripping people off.

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