The Financial Sector is a Parasite?

   (Commentary posted by Roger Erickson)



Ben Strubel, Investment Manager, Speaks.

Teaser headings:

The Role of the Financial Sector
The Grift in Your Retirement Plan
Institutions and the Rich Have the Same Problem
Speculation in Commodities Costs Main Street Billions
Corruption of Public Infrastructure
Interest Rate Manipulation
Foods Stamps and Welfare

If those topics don't get more citizens up in arms .... what will?

Ben's summary: 

"A bloated and out-of-control financial sector does not add any value to society. Society benefits when the financial sector is kept as small as possible."

No argument here.