Why would I feel conflicted? One is about cakes from a small business with lots of alternatives for customers to choose from. The other is about large banks which are few in number, have privileged access, immense power, and provide a public utility.

▲

amanaplanacanal 2 days ago | parent | next [-]

There are over 4000 FDIC insured banks in the US, and another almost 3000 FDIC supervised banks, along with over 4000 credit unions. This is nowhere near a monopoly situation.

▲

PenguinCoder 3 days ago | parent | prev [-]

In what world view does it make sense that banks provide a public utility? They're profit seeking, risk averse, Con men run businesses that work to extract as much "value" (money) as they can, from you, to give to others.

	▲	evanjrowley 2 days ago \| parent \| next [-]
		In one brilliant sentence, you've described both Baltimore Gas and Electric (BGE) and Wells Fargo.
	▲	user____name 2 days ago \| parent \| prev [-]
		Banks also create currency and manage all transactions in the economy. How is that not a public utility?