Should one bank or financial institution really be allowed to buy another bank?
What does such a purchase amount to? It amounts to buying the "customers" of the other bank.
And could it be said that buying customers really equates to "Ant Hilling Profits?"'
Meaning you couldn't earn the customers yourself!
And should just one customer be allowed to block such a purchase from happening?
Should the approval of all customers be needed?
Sometimes the better business model goes by the wayside in such transactions?
Now look at the gestalt of the term "buying customers" and ask yourself how that is consistent with the United States Constitution?
Generally, again, look at the gestalt of the term "Buying customers." Should the customer have some say if they do not want to be sold?
I am a customer of this business and I do not want to be sold to be a customer of that business? Because they didn't earn my initial patronage. They are not of my higher personal standard.
So again stand back at this and look at the cost of buying customers. Then look at the national debt.
And you come up with the term, "Ant Hilling (of) Profits." Meaning those profits were really not earned. And the economy based on those profits as part of the balance sheet really is about as good for our country as the dirt from an ant hill? Those profits represent the ability to earn money no more than the dirt in an Ant Hill does.
© 2023 Thomas Murphy
No comments:
Post a Comment