Listening
to comments and opinions of those from all walks of life, most folks
know little about finance and banking.
I
place politicians on the left at the top of the list among this group
of financially ignorant. If they knew more about finance,
they would not be intellectually on the left.
So,
it is entirely understandable that bashing bankers is always
fashionable, especially during economic recessions. Finding
scapegoats is handy. It makes up for any guilt politicians have in
helping foment economic distress. (See the Earl J. Weinreb
NewsHole® comments.).
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