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There are a few major ways to control people - Fear, Brutality, Religion and by Controlling Resources. In more civilized societies, the controlling force is the Power of Money.
I have been saying for years that one of the major problems in the US AND PROBABLY IN THE WORLD is that fewer and fewer people are controlling more and more of the wealth (money).
These big banks that we are told are too big to fail are really too big to succeed.
I was beginning to think that I was the only person in the world who thinks this is true. Then I read a comment in News-Record columnist Doug Clark's blog, Off the Record.
In the comment section, Steve Harrison suggested that the government should be breaking up the merged mega banks instead of forcing them together.
Banks that loan money and insurance companies that insure those loans and advisors who determine the collateral value and evaluate risks associated with the loans should not be owned (controlled) by the same mega company. And, one bank operating under several names is still one company.
Competition is the hallmark of capitalism; but when capitalism gets in the way of doing the right thing and private enterprise, with the help of government, becomes government, something is wrong.