Non Sequitur by Wiley Miller for August 07, 2018

Wells Fargo strike again.

Wall $treet bank$ters hate public policy regulatory oversight for the same reason the thug in the alley hates cops on the beat. Exactly the same reason.

Use a gun, rob a bank. Use a bank, rob the nation.

My brother-in-law retired from B of A, shortly after Reagan changes on banking came along, shortly after that, he noted the change in the company, and all banks, they’d become a legalized Mafia, thanks, Republicans.

Funny how banks could still prosper when we had usury laws and after that have gotten too big to fail and needed bailouts. You’d almost think they’d stacked the deck against us. But we couldn’t possibly regulate ’em like they should be. Or could we?

We’re not doomed, but we better wake up!

Trump Disciples cheer when a bank like Wells Fargo ‘makes a mistake’ and hundreds of people lose their homes.

Just like they cheer when people lose their life savings at Trump U.

.

You know, draining the swamp.

Is it a coincidence that this strip published and Wells Fargo just announced that hundreds of houses were foreclosed because of a computer glitch?

Er, better question is, what is the probability of this coincindence?

Get ready, this is coming around again. MAGA indeed.

Which is the greater crime? To rob a bank, or to own one?

It’s moments like this that remind me why a nuclear war will never happen: the fearsome and powerful people who actually run everything would actually stand to lose things and face justice… and that will never come to pass.

Ah, the result of more forced loans to people that really shouldn’t have gotten a loan by the Dems.

Stage gotten in to the centre of town. And Jake gotta have himself a drink

Don’t blame the banks. Blame the government regulations that enable them. The current system of fines is just “the cost of doing business”. Jail time for legislators who enable bad practices by banks, jail time for CEOs who take advantage of the regulations, and bankruptcy for the banks that take advantage. “Too big to fail” is just Orwellian idiocy.

The only way to solve the problem is true accountability and more competition.

One fact may have been overlooked. If ethical behavior became the central philosophy by which people operated, it isn’t only the banks that will need to change their behaviors. The list is endless and includes everyone: from the most notable to the person on the street.

How foolish do you have to be to give private, profit-motivated institution control of your money supply, and no rules?

“Some will rob you with a six-gun,Some with a fountain pen.”—Woody Guthrie, “Pretty Boy Floyd”

Clever and I get it. But if you loaned a neighbor a chain saw and he didn’t return it; when you go to get it back are you stealing? These people made a good faith contract to pay monthly mortgage payments in exchange for the house. No pay, no house. Or maybe the bank should say: OK. You quit making payments so you can keep the house? (By the way: most states allow occupants to stay for months after missing a payment).

… bit the banks are made of marble, with a guard at every door,

and the vaults are stuffed with silver that we all sweated for.

WINNING!!!!

I live in a country that cash is still king, in spite of the banks and lending institutions doing their utmost to change that.

My wife and I operate under the principle that if we can’t afford it, we don’t buy it ! We pay cash or use our debit cards.

I have credit cards for emergencies but can’t even remember the last time I used one…..oh yeah,… when I was in the States and had to rent a car. U.S. car rental agencies will not accept debit cards or cash !

Hello, the bank’s not robbing people when they foreclose. When you have a mortgage, technically, they still own your house. If you don’t pay, they’re just doing with THEIR property what they see fit.

Banks do need more regulation, but to blame the banks for the foreclosures is typical American, “I’m entitled”, attitude. If people didn’t overextend themselves financially they wouldn’t have lost the house that they couldn’t realistically afford in the first place. There are a lot of Americans that shouldn’t even think about buying a house now and perhaps forever.

You borrow money, you pay it back or lose your collateral. The bank didn’t force you to take out a mortgage.

Remind me, who is the Secretary of the Treasury? … the foreclosure king.

http://time.com/money/4639480/steve-mnuchin-treasury-secretary-foreclosures-onewest/

http://thehill.com/blogs/pundits-blog/the-administration/320122-steve-mnuchin-foreclosure-king-now-runs-your-us

https://www.nbcnews.com/news/us-news/mnuchin-s-former-bank-pays-89-million-settle-mortgage-claims-n760581

Guy walks into a Wells Fargo branch and shouts this is a stickup. Branch Manager walks up to him and says, “beat it pal, the bank’s working this side of the street.”

1930s: “I’m Bonnie Parker, this here’s Clyde Barrow. We. rob. banks.” 2000s: “I’m Bank of America, this here’s Wells Fargo. Hands. up.”

So, let me get this straight. Politicians pass a law making it easier for people to get mortgages. Real Estate agents tell you that you can afford to buy that huge house. You sign a huge mortgage agreement with the bank without determining on your own whether or not you can afford the loan.You default on the loan. And somehow it is everyone elses fault.

Wiley Miller, please. This is too close to the truth for a cartoon strip…

I get really tired of reading the political opinions in these comments. Some are just plain ignorant, most are vitriolic and whether or not I agree, are out of place in the comment section of a non-political comic strip.

I once heard – “You owe $1,000.00, the bank owns you. You owe $1,000,000.00, you own the bank.” Is this still true?

That was a significant part of the wonderful Tim Burton movie Big Fish. A bank robber forces the main character to drive him away from a robbery, and is told that robbing banks isn’t the way to make money. It is working for a bank. The robber takes his advice, and later sends him a check for a million dollars in gratitude.

Me too!!

ANYONE with power is going to abuse it, sooner of later. Everyone who thinks his leader is the better one, lives in the same illusion. So stop blaming the other for everything that went wrong (=populism) and start searching for solutions.

Yes, as through this world I’ve wanderedI’ve seen lots of funny men;Some will rob you with a six-gun,And some with a fountain pen.And as through your life you travel,Yes, as through your life you roam,You won’t never see an outlawDrive a family from their home.

“Pretty Boy Floyd” Woody Guthrie