🚀 go-pugleaf

Soooo....

Governor Jesse ("religion is a crutch for the weak-minded") Ventura has
rolled out Part II of The Big Plan, emphasising the ideal of
self-reliance and personal responsability among especially the poor,
uneducated and easily-manipulate.

And I can safely assume that promoting thrift is an integral element in
the self-reliance/personal responsability agenda.

YET: It's well-known that the commercial banks are not exactly
interested in accepting deposits from the Lower Classes, especially
given their interest in being more selective vis-a-vis their customer
base. ("Too costly," they'll say.)

And if The Gov is interested in wanting to promote self-reliance and
personal responsability in the poor as per The Big Plan, might I suggest
that he consider encouraging the establishment of mutual savings banks,
especially in culturally-deprived environments theoretically expected to
benefit from this component thereof, as part and parcel of the idea.

(For the uninitiate, mutual savings banks are savings banks owned by the
depositors thereof--traditionally expected to be from the Lower Classes,
by and large--as are represented by a Board of Trustees who invest the
savings of the working-classes therein deposited in high-quality
investments as will generate a sound return that can be returned to said
depositors as dividends. And notwithstanding the dissolution of the
Farmers and Mechanics Savings Bank of Minneapolis in 1982 after 108
years of operation, there is still a law on the books in Minnesota as
governs savings banks.)

Accordingly, may I suggest that consultations be launched with the likes
of the World Savings Bank Institute
(http://www.savings-banks.com/wsbi/), the International Raiffeisen Union
(http://www.iru.raiffeisen.de/) and Developpment internationale
Desjardins (http://www.desjardins.com/ is a good starting point), all on
a consultative level essentially, with an eye towards finding ways to
use establishment of savings banks as an agency of empowerment among the
Lower Classes vis-a-vis the self-reliance/personal responsability
component of The Big Plan.

Which is perfectly compatible within the parameters of capitalism with
American characteristics within which The Big Plan is expected to work.

--
Sincerely,
ILUDIUM PHOSDEX
(die egte artikel--aanvaar gene plaasvervangers)

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