What you get for the money. What you don't get for the money...and where does that money go?
Inspired by Stewie and Brian Griffin...I admire them both!
NYPD: You are giving the males, I can't call them men, on Wall Street their pornography of violence. How do you feel knowing they used your image last night to get their freaks on? Nice job.
The next time you need anyone to stand with you in solidarity, call a banker, call a trader. Call a traitor. WE DON'T FORGET.
Message to the NYPD: This isn't going to go away.
Question to the NYPD: Exactly what the HELL are you afraid of?
Statement to NYPD: You took an oath to protect and defend the people, not the institutions that are going to see you rot. They loath and despise you NYPD. You are the 99% too.
Challenge: Step forward and tell everyone when was the last time you dined with any of the swells on Wall Street, or your Mayor Bloomberg? I don't need an answer, because I know the answer and so does the rest of the world. Don't hold your breath waiting for the first time either. It will NEVER happen. NOT EVER.
You gave your keepers the thrill of their lives. They keep you in your tiny lives in your tiny houses and apartments where the pipes rattle and the wind howls.
I don't blame you for being angry, but your anger is truly misdirected. The people you beat, like you are in a batting cage, are not your enemy. Your keepers call you out to break heads because they are too chicken shit to do it themselves.
They say a fool and his money are soon parted. The people have been fools for long enough. The foolish thing was for the banks to start believing our money is theirs.
Expect us.
However, changing banks is no easy task, noted Bill Hardekopf, CEO of LowCards.com. There's the hassle of going down to the bank, having checks printed, not to mention switching all of your automatic payments, he said.
With the economic gurus and politicians admonishing the people of the US to get off the credit binge, one has to question why the banks would be making credit cards more attractive than debit cards "
Bill Hardekopf points out, switching back to credit is a boon to the very bank that ticked customers off in the first place.
We all know this is going to give rise to another surge of credit use leading to over extending our ability to crack that nut every month. So why would banks, any bank want to contribute to one of the 'stated' major causes of this mess to begin with? Let's follow the money.
Bank of America's spokeswoman says in part "there's no fee associated with credit cards."
There is no fee associated with the use of credit cards if your balance is paid off every month. That's fine if a household can keep their books straight and resist the temptation to get a little extra because it's on the credit card. The debt of millions of customers owed to the bank in any given month will go on to the banks balance sheet as essentially an asset for that period pumping up their perceived value.
We've heard recently people were so shaken by the economic turn of events that they took heed of the experts and indeed started to save more. In fact, now we hear Americans might actually be saving too much money, there by contributing to the recession (depression) by not spending that money to stimulate the economy.
My bank recently started charging me for my 'checking' account. Previously if I maintained a certain balance in my savings account the use of my debit card was free. That was the deal the bank agreed to, it wasn't my idea. Now as long as I agree to 'electronically' deposit $25.00 a month to my savings account, thus saving even more money, using my debit is free.
Make up our minds. To save or not to save.
The irony isn't lost on me. sending BofA stocks plumeting down 20.55% in one month. Of course the stock was heading south anyway.
The Durbin Amendment limited how much the banks could charge merchants for their debit card transactions in the first place. Some say that's the very reason BofA decided to charge their new debit card fee to begin with.
I'm not entirely on board with that assessment. Were I a bank, and I'm not, I would much rather collect a high percentage on credit card debt than loan huge amounts of money on low interest home mortgages at a 30 year fix rate. Wouldn't you?!
Now Forbs is accusing Senator Dick Durbin (D) Illinois of basically calling for a run on BofA when he told customers to "get the heck out of that bank." "vote with your feet" is exactly what dozens, if not hundred, maybe even thousands of people tried to do yesterday.
Social media as well as the mainstream presstitutes indicated BofA's website was either entirely down, or running intermitently since their debit fee announcement. Speculations ran rampent that the bank itself was blocking access to their website in order to stop the mass Exodus of customers "voting with their feet". Whether this is the case or not we now have evidence that BofA was preventing customers from closing their accounts.
CNN Money reporter Jessica Dickler thinks BofA may have the last laugh. Here's what happens when you peer down from your ivory institutional tower toasting the #occupyWallStreet crowd with champagin. The little ones down on the street can see right up your skirt, or pant leg as the case may be. This dog ain't gonna hunt.
We, the little unwashed masses, will divorce from the mega bank system and put what's left of our money into local banks and credit unions. We will create a mico economy locally because we have been forced to do so. What would have been a good idea anyway will now move into the realm of resistance, necessity and a big fat Screw You to the Big Banks.
We are the resistance. The banks can block customers from their websites, they can even call out the swat teams to prevent a run inside the lobby.
We shall see.
We pray #occupy doesn't get taken over by the very people we are trying to push back.
