[SilverElfin]

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]

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]

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]

In one brilliant sentence, you've described both Baltimore Gas and Electric (BGE) and Wells Fargo.

[user____name]

Banks also create currency and manage all transactions in the economy. How is that not a public utility?