jim4silver said:
So stealing (keeping the money the bank gave you is stealing in my opinion) is ok as long as the victim is someone you consider to be bad?
This kind of thinking scares me when think about the need to hire employees for my firm. If they decide you don't pay them enough, don't give them a raise when they think they deserve it, etc., they can just take matters into their own hands.
I am not here to judge anyone who would keep the money as above stated. I would bet that everyone on this board has taken something that does not belong to them at some point in their life-either as a teenager, young adult, etc. But that does not change the fact that it is still wrong, even if the victim is a wealthy, greedy institution.
Jim
Nice try Jim... but your analogy is flawed.
Look at it this way: you mention that taking the $100 from a bank is like STEALING from your employer. And what is moreso: that they do so because they feel they aren't paid enough, etc.
THAT analogy would equal this scenario = a bank teller doesn't think they earn enough, so they sneak $100 out of their fellow tellers tray and into their purse/wallet.
NOT this one = a bank customer is given $100 extra when making a withdrawal/exchange and decides to keep it instead of giving it back.
The CORRECT analogy with YOUR business would be this = you pay an employee $100 extra in overtime they didn't work, and they cash the check and don't tell you/payroll about the difference.
This is an OBVIOUS difference, though I know you won't see it differently in regards to thinking MY analogy shows everything to be okie dokie and that taking the money is ok.
So... to get to the point:
Let's say you as a business owner are making $100 million a year as the head of your company. You keep a HUGE portion of your business profit for yourself instead of giving bonuses and raises to your employers. Sure... they earn more than the minimum wage... but what about inflation... cost of living raises? Or even more simply... why are you being greedy instead of sharing the wealth? Just because you are in power and you can? Because that is what bankers do. What is worse, is that you as the owner of your business are doing so much to making money in the short term for YOURSELF that you are making HORRIBLE decisions for your business. In light of this, your business will go bankrupt, while you stay rich, and the pensions of your employers will go up in smoke due to your greed.
In light of all of the above... isn't that employer who got the paycheck for an extra $100 a little less evil for not telling payroll about it? If they did give it back it would just end up in your YOUR greedy pocket, you... the individual who will soon DESTROY the employers life by leaving them without a job or pension or any form of financial well being.
The above is just how banks work.
The above analogy would translate to this (incase you don't see the parallels already):
The banker runs his bank to make maximum profit for himself. He gives out loans to people who don't have good financial standing, and to people who do have good financial standing, he gives even bigger loans for. Donald Trump calls him up and asks for a $200 million loan... the banker says no, but I'll give you $300 million instead (true story btw... according to The Donald anyway). Why did he do this? Well, because he makes money based off of how much money he lends. The more he lends the more he makes. Why do you think there are so money loans out there that are bad? Why do you think the government is calling for a $700 BILLION bailout to buy those bad loans to prevent all these banks and institutions from failing? The banker is destroying his bank and running it into the ground for personal profit. A customer comes into the aforementioned bankers bank and cashes a check for $500. He is given $600 because two of the bills stuck together. He notices this on his way out of the bank but doesn't say anything and pockets the extra $100.
This man is evil? This man is a theif?
I don't see it that way Jim.
If he gave the money back... it would give the bank $100 extra in funds. Assuming we were still on a semi-realistic fractional banking system that used a real ratio of say... 9:1 (instead of the essential infinite ratio banks use nowadays), that means that $100 dollars equals THOUSANDS of dollars that the banker can make in loans that he couldn't make if you gave that $100 back. You are allowing him to make more money by loaning out more money, and are hurting your own bank account and everyone else that belongs to the bank because the bank is going to go into failure that much sooner because you gave the banker the ability to hurt you and everyone else that much more.
Take the $100, don't give it back, and do everyone including yourself a favor.
~Dave