Monday, 5 May 2014


(In this conversation, I’m getting out of the way, and let the cab driver speak…as he did, for nearly 20 minutes after I told him about why I was in the USA…this is just what he had to say on the subject of banks and mortgage lenders.)

Banner at the offices of City Life Vide Urbana, Jamaica Plain, Boston
“B-A-N-K is a four letter word. They got you every which way, every aspect of your life. Mortgage companies, they’re a law unto themselves. They ain’t interested in you. They’re just in business for the stockholders, to squeeze the last drop of youse, and if you go bust, and lose your home, that’s just a bonus for them.

They was the first in the queue with the beggin’ bowl for the $700m bailout, to mend the crash that they had created! Obama, he didn’t really have a choice. It had to be done, ‘cos the banks they’re into everything. We just couldn’t do without ‘em.

People in my family lost their home. Notice came on January 1st, be out by the 31st. Ain’t nothing they could do. You think owning your home is a good thing, brings security and ease o’ mind. But it often just brings trouble, and you ain’t really any more in control of things than if you renting.

I own my home, and I’m lucky. I gotta bank that behaves itself, heh, heh. If I could afford it, I’d like a beach house to take the family, but when you see…who was that Enron guy…he had 12 homes. I mean what can you do with 12 homes? You can only be in one at a time. OK, allow the man a beach house, that’s fair; but that’s still 10 homes sittin’ empty. There are plenty o’ folks like him.

The mortgage companies, they’re so powerful, no one can touch them. They’re like the big pharmaceuticals, and the NRA!”

Stephen Hill, taxi ride from downtown Richmond Virginia, to Staple Mills Railroad Station May 4th  

Post Script from Sir Josiah Stamp, Civil Servant, Industrialist, and Director and President of the Bank of England during the 1920's:
"The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Bankers own the earth. Take it away from them, but leave them the power to create money and control credit, and with the flick of a pen, they will create enough money to buy it back again. Take this great power away from the bankers and all the great fortunes like mine will disappear, and they ought to disappear, for this would be a better and happier world to live in. But if you want to continue the slaves of bankers and pay the cost of your own slavery, let them continue to create money and to control credit."