And we think the administration that had used all its weight to get educational institutions to do its bidding is going to apply this fairly? If so why is this an EO and not an act of Congress? (And the answer to c the marijuana question is no, not as long as marijuana is still illegal

Citizens as individuals, sure. But banks that are massively concentrated are more like public utilities not individual citizens, in terms of their criticality to a functioning society. They need to be regulated like that.

How often do cellphone companies ban drug dealers?

In what world view does it make sense that banks provide a public utility? They're profit seeking, risk averse, Con men run businesses that work to extract as much "value" (money) as they can, from you, to give to others.

There are over 4000 FDIC insured banks in the US, and another almost 3000 FDIC supervised banks, along with over 4000 credit unions. This is nowhere near a monopoly situation.

Go ahead and open one, lemme know how that goes.

Anything they don't like or anything governed by any regulation whatsoever is, to some people, a "monopoly".

Practically any person anywhere in the US can start a bank, provided they possess the capital needed and the ability to fill out forms, although it is somewhat easier to start a credit union.

There's even an online form to start the process of founding a credit union: https://ncua.gov/support-services/credit-union-resources-exp...

It's so easy that small hospitals and large churches and school district teachers' unions have done it.

I deposit my paycheck in a tiny credit union that is so small that we had a member's meeting one year where practically every single member showed up and fit inside a large ballroom. And we have an app, digital wallets, everything.

The only thing stopping people from starting banks is the fact that you need a shit-ton of cash on hand.

It's the same with ISPs. For over 30 years, in the US, any person any where has been able to get a franchise agreement with the same exact terms as incumbents. With no exceptions. There is not a linear millimeter of public right-of-way that you can't get permission to install fiber in. Downtown Manhattan, suburban Houston, middle-of-nowhere barren Alaska, doesn't matter. You can run NG-PON2 to every house in the country and have your net-neutral capless fantasyland. You just need a shit-ton of cash and you need to demonstrate to the jurisdictions that you won't dig a bunch of trenches and abandon the effort and leave the trenches open when you run out of money. But that's still a "monopoly" to many people.

Give me $50 million and I'll start filling out the forms to start a bank the day after the cash is in my hands.

I'd advise you that there are better ways of spending that money and that a small credit union would probably fit your needs better, but I'd do it.