The transparency is inspiring – you can download all the loans (and interest rates) for the last 30 days and more information than you’ve ever seen any financial institution.

I hope that they can start a revolution –

http://www.zopa.com/global/default.htm

(NB/ I’m unaffiliated to Zopa and this type of lending is not for everyone – but for those who are willing to put a bit of money into finding a new way of doing things I would strongly recommend checking them out)

They are backed by some of the investors in Skype, Betfair and Egg – all of whom shook up their respective industries

I thank you for being positive and innovative.
I want to share your blog with national and local legislators.
I do agree with your ideas.

Doubling the national debt to take the country back to 2007 seems foolish and horribly expensive. Unless we raise taxes and cripple the economy we cannot pay back these obligations. If we inflate the dollar-do we really think any country will buy our Treasury Bills with good dollars only to earn low interest rates and be repaid with devalued dollars-? Are we really that full of ourselves-?

At the time it feasibility rank of only 63%, and humor factor of 65%. There is something more needed than just an “open bank”

Why would/should a nationalized bank have access to my money?

In the US, political organizations do things on the basis of politics. Govt organizations are at least somewhat politicized.

That’s because you asked a politician to keep your money safe at the bank.

The only thing that a politician can do is take your money and give it to someone. When you asked them to keep your money safe, they took some. When they failed and your money was lost, they took some more, so the lost money wouldn’t get lonely.

Speculation is for private people, for private corporations not for chartered giant private banks.

Maybe you’ll see to it that I’m invited next year?

i’m hoping mr. jarvis’ group considered the broken retail bank branch network where there’s one on every street corner.

branches are awfully expensive (inefficient) to maintain 24/7 when you operate strictly on banker’s hours.

“People’s right to know” what their leaders – political and economic – were up to was a way to sell newspapers and commercials during the industrial era for some, a calling for others. At the same time we need more transparency, more information about what’s going on, newspapers are in a crash dive.

We need in this post-industrial era accountability – that means everything from expanding a hundred-fold the public’s right to know and enforcing the principle that no one is above the law. Case by case, (Home arrest on Park Ave. for Bernard Madoff a shining example) it has become the norm that people with power and/or money get off.

Second transparency – There’s an awful lot of dark corners in both government and business that need a good dose of sunlight: from the under-reported California budget stalemate to what various banks did with the money we as taxpayers loaned them.

Finally, we need to do everything possible to make it possible for startups – not just software, or IT, but business, financial, even governmental to florish: they are building the future we desperately need.

The riots will come.