• BarneyPiccolo@lemmy.today
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    10 days ago

    Local savings bank? Do you think it’s like the old West, where the customers deposits are kept on the bank’s safe? A small local savings and loan does business just like a big bank. If they get robbed, they have the same protections as a big bank.

    If you have so much money in one account that it isn’t covered by insurance, that’s on you. 99% of people’s account would be completely covered. I seriously don’t care about rich people losing their money.

    It’s Robin Hood time, baby. Just leave small local businesses alone. But it’s fair game for big corporations.