Showing posts with label India. Show all posts
Showing posts with label India. Show all posts

Thursday, July 19, 2012

The Mouths of Babes

Every so often, children put we adults to shame. I've just read about one of those times. A bunch of homeless children, living in Delhi, India, have self-organized a workable, fair, banking system.

No derivatives. No exorbitant interest. No too big to fail. No golden parachutes for executives. Just a human-to-human banking system where kids work and save their money for important things for their future, and some take 'advances' or loans for stuff like a uniform so they can go to school, or to help their parents open a business. It makes me think of the Building and Loan in the movie It's a Wonderful Life. Every so often, children put us to shame. And, for a minute at least, they make me proud of being human.

Their story is here on RT today.