Capitalism is buying and selling. My point is that the financial system is fraudulent and is based upon constant money creation which not only reduces the value of money, but is also the reason there has been so much war over the past 400 years.

I get that local business needs loans and people need savings that gather a bit of interest. That is healthy and good. What is not good is a system that actively preys on people and has nothing to back it up themselves. It's wrong that people lose their homes when banks know people cannot pay the loans because there is no longer job stability and the banks can crash the system at any time forcing lay offs. That's rotten and to then bail out those guys?

Matt Taibbi is a very good journalist and I tend to like what he writes.