tag:blogger.com,1999:blog-6283258643623412113.post5855954861012494114..comments2024-03-28T17:18:39.314-04:00Comments on 90 Miles From Tyranny : I Wish The OCC Nominee Would be OPPMike Mileshttp://www.blogger.com/profile/14729229224106563792noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6283258643623412113.post-31807249867923245042021-10-27T10:46:31.696-04:002021-10-27T10:46:31.696-04:00More bread and circuses. Lets get the party starte...More bread and circuses. Lets get the party started.Bear Claw Chris Lapphttps://www.blogger.com/profile/01190524236686025884noreply@blogger.comtag:blogger.com,1999:blog-6283258643623412113.post-36219062975934674662021-10-27T04:21:02.749-04:002021-10-27T04:21:02.749-04:00The argument for transferring checking accounts to...The argument for transferring checking accounts to the Fed is that banks make a lot of money from the "float" on checks; money they do nothing to earn while they hold onto money they don't own. This was marginally acceptable many years ago, when processing was manual, took time, and cost some money. Those days are long gone, but the "float" somehow still remains.<br /><br />Of course, there's better ways to ditch the float that don't involve the government holding all our money. But that's not why the banks' bought-and-paid-for senators object to Omarova's plans.Dr Galthttps://www.blogger.com/profile/05740932041708413374noreply@blogger.com