Premiums aren't paid by the banks. The banks aren't printing money. The premiums are paid by those using the bank. The sleight-of-hand wording is great for sway

Premiums aren't paid by the banks. The banks aren't printing money. The premiums are paid by those using the bank. The sleight-of-hand wording is great for swaying preception but it an unacceptable deviation from transparency. It's like the saying "...paid for by a grant from the Federal Government..." Nah. It was - one way or another - paid for by taxpayers.