Quote:
Originally Posted by Pete F.
When I was in my twenties I could call the bank they’d put the money in my account and I would stop later and sign.
That bank has since been bought four times at least.
Very few local banks anymore and nothing done without an application and on and on.
Of course there’s very few locally owned businesses also
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Thank the preferred model of Progressives. Centralized business favored by centralized government regulations. Sure, monopolies can be an advantage for the consumer--so long as there is the possible threat of innovative competition to keep the monopolist honest. When onerous regulations make it difficult for smaller entrepreneurs, they provide a level of protection for monopolists against those smaller competitors.
Big government can more easily have a controlled relationship with a few large companies than tens of thousands of small ones. Big business in crony cooperation with big government is win-win for both.