Bankers Quote by Anonymous
“And the banks - hard to believe in a time when we're facing a banking crisis that many of the banks created - are still the most powerful lobby on Capitol Hill. And they frankly own the place.”
About This Quote
The quote highlights the paradox of powerful banks influencing politics despite causing crises.
In simple terms: Banks hold political power despite creating crises.
Key Takeaway
Recognize and challenge undue financial influence.
Themes
politics
finance
power
corruption
accountability
Mood
critical
concerned
Type
political
analytical
When to use this quote
- elections
- policy making
- public advocacy
- financial reform
Key Concepts
regulatory capture
lobbying
systemic risk
Questions to Reflect On
- How can citizens reduce banks' political sway?
- What reforms can limit lobbying power?
A Different Perspective
Banks may also provide essential services and stability.
![“What I think is bugging this guy [Steven Lerner] is the belief that debt - forced debt upon middle-class people, students (i.e., student loans and so forth) - has made Wall Street bankers and financial people excessively, unfairly, out-of-proportionally rich.” quote by Rush Limbaugh](https://sms4smile.com/quotes/img-quotes/f15/rush-limbaugh-28_bankers_what-i-think-is-bugging-this-guy-steven_28590.jpg)
