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Re:Why America will soon see a wave of bank mergers by chiefalchemist on Tuesday May 02, 2023 @07:03AM (#35785743)
Remember circa 2008 how "leader" after "leader" said that eight big banks was too few and that seven was a step in the wrong direction?

Remember that? Apparently, no one remembers. Or it was simply more political / leadership theatre of tell the proles one thing while doing the opposite. Perhaps both.

People complain about "the democracy" and they often falsely name names. It easy to blame a symptom when you don't understand the problem. And yet those same people are silent about the banks, power, cronie capitalism, etc.

Many are in denial. Others are able to control the narrative. In either case you can't solve root problems when you're not even willing to address them.

Re:Why America will soon see a wave of bank mergers by jerf on Tuesday May 02, 2023 @02:41PM (#35792257)
When considering a statement from someone, you have to consider the valid range of their statements, which I mean in much the same sense that math functions have ranges. The State of the Union address will always start with the President saying the state of the union is strong. Our economic leaders will never tell us anything other than that our economy is strong, all its strength is permanent and intrinsic while the weaknesses are temporary and external. No leader will ever tell you how badly the war is going even as their speech is being interrupted by the sound of detonating shells.

It doesn't mean they're wrong... what it means is those statements carry no information. Or, if they carry any information at all, it is in the fact that they think that they have to make the statements at all. Today, President Biden isn't going to be making any speeches about how safe the capital city is. If he does, well, clearly something has changed.