As well as perhaps that is something that features become either subsidized or this has to become a not-for-profit kind endeavor.
Ted Michalos: Yep. In addition they chatted about that, municipal bonds where in fact the cash is placed into a pool. My anxiety about all those forms of programs are, is you end up eating up more and more of the money because from administrative costs that they tend to get out of hand and. And that is not really a dig at our social system, thatвЂ™s just the fact. The longer you have got system set up, the greater costly it becomes to manage.
Doug Hoyes: Yeah, the one thing you’ve got to express in regards to the banking institutions is they understand how to generate income.
Ted Michalos: a nickel can be turned by them in to a dime.
Doug Hoyes: ThatвЂ™s right, or 25 % generally in most instances. Your average big bank that is canadian now has revenue of approximately a billion bucks or higher every quarter.