Quote Originally Posted by fortheether View Post
And who created this "loophole" that the banks are taking advantage of? The government, no?...
Actually this was created by the banks, and they pushed it through. This was not created by any constitutional process, nor did citizens get a vote on it.

Also, on the separate issue, there are regulatory activities governing banks that were routinely ignored in creating the financial crisis. Failure to act on laws and regulations already on the books. This has to do with accountability of elected officials, but we can't get ride of them, because the two parties are controlled from the top down by big money.