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Posts Tagged ‘Banks’

Stop the Banks Abuse

18 Jan

I found this from Bill Maher:

Hello, I’d like to take a moment to address the millions and millions of you all across America who are currently stuck in an abusive relationship.

Now I know what some of you are thinking: Who is Bill Maher to give me relationship advice?

But that doesn’t mean I don’t know a dysfunctional relationship when I see one. Especially when it’s staring me right in the face.

You know who you are. Those of you staying in a relationship long after it’s turned bad. Sticking around despite the abuse — even as it’s gotten worse and worse over the years. Sticking around only because it seems easier than breaking up — and besides, where else are you going to go?

That’s right, I’m talking to all of you that keep doing your banking at the giant, too big to fail, Wall Street banks that brought our economy to the brink of disaster, were rescued by trillions of dollars of our taxpayer money, then paid us back by using that money to hire lobbyists to convince our lawmakers in Washington to kill financial reform.

They took our money… but cut back on lending.

They took our money… and made record profits — and paid themselves record bonuses.

They took our money… then returned to the risky behavior that led to the worst financial crisis since the Great Depression, with record unemployment, bankruptcies, and foreclosures.

They took our money… but kept on with all the greedy, abusive, ruthless, and cold-blooded practices that have earned them untold billions of dollars a year — year after year after year. Things like charging you outrageous fees for anything and everything, jacking up your credit card interest rate to 30 percent for being late on one payment (it’s a good thing sodomy is legal!), and refusing to renegotiate your mortgage after the housing bubble they helped create burst.

These big banks, deemed “Too Big To Fail” by our Wall Street-friendly leaders in Washington, are convinced that they can get away with anything — because they always have.

But here’s the thing. You don’t have to put up with this nonsense. You don’t have to stay in a loveless, abusive relationship with your Big Bank.

In fact, it’s easy to get out — and into something much, much better.

My friend Arianna Huffington has started a campaign designed to convince people to move their money out of these big banks and put them into smaller, local, community banks and credit unions that are more likely to see you as a person, not as an account number… and also to reinvest in the community where they are.

It’s a pretty simple idea: If enough people who have money in one of the Big Six banks — that is, JP Morgan/Chase, Citi, Wells Fargo, Bank of America, Morgan Stanley, and Goldman Sachs — move it into a local community bank or credit union, then collectively we, the people, will have taken a big step toward fixing our broken financial system.

It’s easy, and painless, and will send a powerful message to Wall Street and to our leaders in Washington.

Face it: Real change is not going to come from Congress. It’s not going to come from the White House. And it’s certainly not going to come from the lobbyists Wall Street hires to make sure their special interests keep beating out the public interest.

We’ve got to do it ourselves. And moving your money is a great way to start.

This is not a conservative idea or a liberal idea. It’s not left or right. It’s populism at it’s best — and it’s already attracted people from all walks of life who are sick and tired of the Big Banks and are ready to do something about it.

So it’s time to go break up with your banker and get the hell out. Go to MoveYourMoney.info and see just how easy it is to end your abusive relationship and find true banking love. Or, at least hot, sweaty, monkey, banking sex.

 
 

Dead Peasants

08 Oct

When I seen this exposé on CNN I just about passed out. This has got to be one of the most incredible misuse of an employee that can happen. This goes beyond the pale as far as I’m concerned and I have written to my representatives and senators along with the president to end this practice are to give the majority of the benefits to the real beneficiaries. In my mind this is simply criminal.as I note in my letter to the officials this is just another indication that no bailouts never should’ve occurred. And now that we are bailing people out there should be part of the package.

If anyone doubted the greed of the corporations of the United States it is there for everyone to see. These benefits do not end if your relationship with your company ends. If you die 20 years after leaving the company and they have a life insurance policy on you, they get the benefits. This is just wrong. This is just one more thing that we as consumers pay for every time we go to the cash register.

Wal-Mart is one of the biggest users of this policy. Please be assured that they are off my Christmas list this year. This just makes me sick.

Dear Sir

I am writing you today on the issue of the Dead Peasant Life Insurance that corporations purchase on their employees. the insurance is not purchased for the employee but on the employee, betting that employee will die.

I am shocked to the quick to learn of this practice. It is an affront to the American citizens that work for and purchase the goods of these company that pursue this activity.

Life insurance is a personal issue meant to be used for the benefit of the surviving family. Not to be used as just another way that corporations take advantage of and use the Americans who support these company’s.

I plead with you to end this practice. If you cannot end it, pass laws that allow the real beneficiaries to assume the majority share of the death benefits derived from the insurance.

This is just more indication to me that the banks and insurance company’s never should have been bailed out. It is my opinion that from now on, all Corporations, Banks and banking systems leaving the US in international trade, and all Insurance company’s must be strictly regulated. The American public can see what they are doing to our country and our lives, and in your position you must see it even clearer than we do.

I again urge you to end the Dead Peasant Insurance scheme. Thank you for your time and service..

 
 

Who Benefits?

10 Mar

Who benefits from:

  • So many primary banks closing and so many buyouts of one bank by another?
  • So many small companys going out of business?
  • So many baby boomers 401′s going down to nothing?
  • So many unemployed and at such a high cost to the states?
  • The markets being so low and operating so as to keep the price of stocks down for an extended period of time even though they know it will cripple even more companys and world markets?
  • The big three apparently being crippled and possibly uniting under one roof, or possibly two?
  • So many unemployed just from the auto companys alone?
  • So many mergers of business’s such as in the pharmacutical areas?

These questions and many more like them bother me. I do not feel that this crisis just popped up at election time out of no wheres. This crisis is engineered in my mind. And someone knows it.

No, I am not going to go on about the NWO or some secret trilateral commission. I wont even bring up the fact that I do not beleive that an airplane crashed into the Pentagon or a field in Penn.

Could part of this be to force us into the unholy matrimony of Canada, Mexico and the US? To get us low enough that we would be forced to be on par with Mexico? Were it not for the Alberta tar sands Canada would fold neatly into our lap right now. Is this a way to put the world, the US, Japan and other major countrys on an even playing field?

Some one is benefiting from all this. I dont know who. I am not smart enoug for that.