Comments on: Bank Robs World https://thewoodchips.com/bank-robs-world Ecological Tree cartoons having fun saving our planet one chuckle at a time Sun, 30 Oct 2016 10:23:21 +0000 hourly 1 http://wordpress.org/?v=3.4.1 By: J. Daniel https://thewoodchips.com/bank-robs-world/comment-page-1#comment-16045 J. Daniel Sun, 11 Dec 2011 23:28:37 +0000 http://thewoodchips.com/?p=2145#comment-16045 I agree with you, Peter - there is plenty of blame to go around - some we here in the states could point directly at ourselves - as in citizens and voters. Thanks for the good comment. I agree with you, Peter – there is plenty of blame to go around – some we here in the states could point directly at ourselves – as in citizens and voters. Thanks for the good comment.

]]> By: J. Daniel https://thewoodchips.com/bank-robs-world/comment-page-1#comment-16043 J. Daniel Sun, 11 Dec 2011 23:26:54 +0000 http://thewoodchips.com/?p=2145#comment-16043 Actually, I agree with you on this one, Marty. There's plenty of blame to go around. Actually, I agree with you on this one, Marty. There’s plenty of blame to go around.

]]> By: Marty https://thewoodchips.com/bank-robs-world/comment-page-1#comment-16034 Marty Sun, 11 Dec 2011 20:21:12 +0000 http://thewoodchips.com/?p=2145#comment-16034 I think bankers are just like all businessmen;they're just taking full advantage of the 'rules' that reglators have set up for them. If there is anyone to blame, it is those regulators AND the consumers (yes, that's you and me) who have jumped onto those deals that are just too good to pass up. B of A recently announced a new fee on debit cards, only to receive a firestorm of negative response/press that caused them to reconsider and cancel the planned fee. If subprime loans and variable rate loans and 110% LTV mortgages etc, etc had been received by likewise cautious consumers, there may have never been the economic crash we saw in 2007-2008 and the resultant recession. Who's to blame? I think everyone owns a piece of this one. I think bankers are just like all businessmen;they’re just taking full advantage of the ‘rules’ that reglators have set up for them. If there is anyone to blame, it is those regulators AND the consumers (yes, that’s you and me) who have jumped onto those deals that are just too good to pass up. B of A recently announced a new fee on debit cards, only to receive a firestorm of negative response/press that caused them to reconsider and cancel the planned fee. If subprime loans and variable rate loans and 110% LTV mortgages etc, etc had been received by likewise cautious consumers, there may have never been the economic crash we saw in 2007-2008 and the resultant recession.

Who’s to blame? I think everyone owns a piece of this one.

]]> By: Peter Wright https://thewoodchips.com/bank-robs-world/comment-page-1#comment-15984 Peter Wright Sat, 10 Dec 2011 14:35:48 +0000 http://thewoodchips.com/?p=2145#comment-15984 Thank you for 3 good cartoons. But why does everybody have it in for bankers? I am not a banker, I do not like a lot of what the banks get up to, but the very system that allows each one of us to earn as much as we are capable of also allows us to change banks as well. The truth of the matter is that most people cannot afford to change banks because they are too indebted to the ones they are complaining about. A better example of greed and earnings out of all proportion to value given, is the news this week that a baseball player (I am not a fan so cannot remember his name) has just signed a $250 million, 10 year contract. How many bankers get $25 million a year? To pay someone that amount for a performance, if I understand the stats correctly, where he misses more often than he hits the ball, is mind boggling. I am not for a moment suggesting baseball players, bankers, or any one else's earnings should be limited by legislation, our capitalist free enterprise system, with all its warts, is still the best that has been found so far. It's just that I think we should all be more fair and spread our criticism around a bit - include politicians, economists, lawyers and more of the usual suspects, not just bankers. Always a pleasure to get your latest cartoons. Happy Christmas. Thank you for 3 good cartoons. But why does everybody have it in for bankers? I am not a banker, I do not like a lot of what the banks get up to, but the very system that allows each one of us to earn as much as we are capable of also allows us to change banks as well.

The truth of the matter is that most people cannot afford to change banks because they are too indebted to the ones they are complaining about.

A better example of greed and earnings out of all proportion to value given, is the news this week that a baseball player (I am not a fan so cannot remember his name) has just signed a $250 million, 10 year contract. How many bankers get $25 million a year?

To pay someone that amount for a performance, if I understand the stats correctly, where he misses more often than he hits the ball, is mind boggling.

I am not for a moment suggesting baseball players, bankers, or any one else’s earnings should be limited by legislation, our capitalist free enterprise system, with all its warts, is still the best that has been found so far.

It’s just that I think we should all be more fair and spread our criticism around a bit – include politicians, economists, lawyers and more of the usual suspects, not just bankers.

Always a pleasure to get your latest cartoons.

Happy Christmas.

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