Question: Why are banks bad? If you watch those Ditech commercials, you would come to that conclusion.  Do you agree with those commericals? Even though I have had a bad experience(the bank misrespresented credit file) doesn't mean all of them are bad right. I won't mention the bank because that would be rude(ex. Suntrust, heh).  If banks are not bad, why do we have finance, Title and "Payday loans" companies who OVERCHARGE people?

Answer: "Bad" is relative and subjective; different for every person; a perception.\n\nThe Federal Reserve Act is the tail that wags the dog, and is unconstitutional. The Federal Reserve is a private institution, run by a few very powerful men, that decide the fate of our economy.\n\nIs that bad? I would say so. Not what our forefathers intended. You're complaining about nickels and dimes. The whole thing is a scam.
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