NO! They’re too big to fail & too big to regulate.
17%
NO! They have too much power over Congress.
83%
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Thom's Blog Is On the Move
By webmaster
Hello All
Thom's blog in this space and moving to a new home.
Please follow us across to hartmannreport.com - this will be the only place going forward to read Thom's blog posts and articles.
Images of Thom
From The Thom Hartmann Reader:
"Thom is a national treasure. Read him, embrace him, learn from him, and follow him as we all work for social change."
From Cracking the Code:
"No one communicates more thoughtfully or effectively on the radio airwaves than Thom Hartmann. He gets inside the arguments and helps people to think them through—to understand how to respond when they’re talking about public issues with coworkers, neighbors, and friends. This book explores some of the key perspectives behind his approach, teaching us not just how to find the facts, but to talk about what they mean in a way that people will hear."
From Unequal Protection, 2nd Edition:
"If you wonder why and when giant corporations got the power to reign supreme over us, here’s the story."
As usual, both choices are correct, so we need a 3rd choice on these such as "all of the above" or "both are true".
A. P. Giannini is probably rolling in his grave to see the direction his bank has taken. He was born of immigrant parents in Alviso -- a poor section of what is now Silicon Valley. Went to Heald's Business School. He was ostrasized by the San Francisco elite for extending bank services to the working class. His BofA stayed open until 9 and 10 at night so workers could have access to their money. He established branch banking. Was the first to give home loans, auto loans and credit to common workers. During the Depression, he never lost the money he loaned to the working class -- mostly immigrants. He financed the building of the Golden Gate Bridge. Bankrolled Disney's Snow White. Grubstaked Kaiser, Hewlett-Packard, Fiat following WWII. He encouraged the advancement of women and promoted equal pay for women. His daughter Claire was the first woman to sit on the board of a major corporation....BofA, Sears, TransAmerica. She is an interesting woman in her own right....also always promoting the advancement of women. His favorite saying: "I don't want to be rich. No man owns a fortune; it owns him." When he died in 1949, he was not all that rich -- left an estate of $500,000. He often took no salary. Gave a lot of money away to fund scholarships, medical research grants. Do you see A. P. Giannini values in BofA today?