In a more general scale, the entire banking sector is propped up by protectionist policies that allow:
> Fractional lending (this is called reserve banking) on a minimal reserve. It's pretty odd that banks can do this, but, say, you, can't.
> Setting of core econometric KPIs by people who stand to benefit directly from those KPIs. LIBOR and EURIBOR are recent examples of this, but market fixing has been going on since forever, and is endorsed passively through a lack of legislation to do anything about it, and a lack of will to prosecute.
> No other banks to exist, without jumping through serious hoops, and tying themselves in a death-grip to one of the "special" banks.
> Immunity to prosecution for bad actors. Corporate personhood is applied with amazing selectivity. If you're a juggernaut, no worries. If you're a small guy, enjoy federal prison.
> Indiscriminate money laundering and funding of illegal activities overseas. HSBC just got busted for proactively helping out the cartels in Latin America, and got a slap on the wrist. They're not alone in this kind of thing - look at Brown Brothers Harriman. They funded Nazi Germany. Prosecution? Nah. Wild profits that span generations.
I could go on and on and on, but the moment that you treat any particular person or entity "specially", you're on the road to hell, as you've just interfered with a self-regulating system, as free (but blanket regulated) markets are, and you'll need to interfere more, and more, and more, and suddenly you're telling factories that they should only make size seven shoes for the next two years to fulfil their quota.
