I mentioned before that banks are evil. That position still holds, and for the same reasons (the Washington Mutual commercials really piss me off), but the Nobel peace prize this year went to "for their efforts to create economic and social development from below." I like this guy. A whole bunch. Now, I'm paraphrasing but one of the first things he said was that in wealthy countries (US) you need to have something to get a loan. If you want to borrow $10000, then you need to: give the bank $10000, give the bank something worth at least $10000 or pay credit card interest or worse. This is not something that makes sense, unless you are a bank owner and want to make bucketloads of money for doing next to nothing. If you want people to have some sort of upward mobility or for people to get out of debt and be able to live decent (meaning able to provide food and shelter) lives, then this is backwards.