(Banking Reform) - 'Ten Real Problems, Fractional Reserve Lending..'

Posted by ProjectC 
<blockquote>'Ten Real Problems
<li>Fractional Reserve Lending</li>
<li>The Fed</li>
<li>Lack of a gold standard</li>
<li>Deficit Spending</li>
<li>Public unions</li>
<li>Davis Bacon and prevailing wage laws drive up costs</li>
<li>Disability fraud</li>
<li>Politicians get into bed with corporations, unions, and crony constituents</li>
<li>Lack of incentives to hold down costs on medicare, food stamps, and entitlements</li>
I stated "If you fix the first four or five, most of the rest of the problems will be fixed automatically." '

- Mike "Mish" Shedlock, Canadian Reader Comments on Outsourcing, Automation and Ten "Real" Problems With the US Economy, October 11, 2013</blockquote>


<blockquote>Ten "Real" Problems With the US Economy; A Behind the Scene Look at Auto Manufacturing

'..a deeply imbalanced economic structure.'

(Banking Reform) '..a 100% reserve system .. fractional reserve lending is fraud.'

'Voters remain highly wary of crony capitalism..'</blockquote>