No pecs, no bank shares but that wouldn't be relevant, anyhow. The exercise of buying shares has some ethical considerations, of course but in the end, all shares are nothing more than a gamble, to me, not too different to buying a quady at the races.
But I certainly agree with the best move for Rudd: to nationalise banks; or at least one bank that would give these thugs a good, accountable competition. But that's not what Gottly wants at all.
The cycle of bank borrowing=higher rates is a myth; to protract the myth and say that bank borrowings... higher inflation is to allow the banks to abrogate their responsibilities towards the society that keeps them alive. The vicious cycle is, in reality non-existent and it's nothing more than a scare tactic.
There is an enormous number of tools they can use (if they wanted to) to be disengaged from this myth.
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