The Banking System Is Designed to Bleed You Dry Banks are not public utilities. They’re corporations with one job: to extract as much profit as possible from every account they touch. They hit you with overdraft fees, transaction fees, inactivity fees, and ATM fees. They gamble with your deposits through fractional reserve lending, then beg for bailouts when they lose the bet—while you get nothing but a 0.01% interest rate and a polite smile. And don’t forget: this system is legally structured to favor them. When your bank fails—and many will—you’re lucky if the FDIC can even cover what’s owed. In 2008, they told us these banks were “too big to fail.” Now, they’re “too connected to jail.” And you?…
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