Forum Post: Boycott the Bail-Out Banks
Posted 13 years ago on Oct. 13, 2011, 12:31 a.m. EST by PeoplehaveDNA
(305)
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Lets face the facts corporate America is not going to do one thing for you they don't care they got your money already!!!!! Why do you think that Bank of America is letting go of 30,000 service jobs and charging you a 5 dollar fee for using your debit card. They don't care!!!!! And they are not the only ones most of the bail-out jerks are doing the same thing!!!! You want to know why! Because if they don't get money from you they will get it from Washington in a form of a bailout or the Fed in the form of interest free loans. They have the system rigged in their favor and are four steps a head of you. Wake up these people are motivated by money that is it!!! You can scream till you are blue in the face Corporations will not give you any debt forgiveness.
So I am telling you commit to dumping their stock and transferring your accounts to small banks and credit unions. They are not going to give you anything until there lively hood is ending. Do this in the next three months. Get your message out. I know that you are a democratically run organization so I am going to say bring this up in the next assembly vote on it if everyone agrees set up D-day or Dump-Day. Good luck.
chase citibank bank of america wells fargo
I am gonna liquidate my stocks and close my account at two major banks an put it all into a credit union an then buy a house with it with no mortgage. Then I will never again use any form of credit. Then I can let my citi card and chase card go into default and never pay them a dime more. They raised my interest rate to 29 % and now I pay and pay and I never can get it to go much lower. I haven't used the card all year an have still paid thousands in interest even though I have paid way over the minimum payment--it never goes down!
They are like parasites--an I intend to starve them even if it costs me my credit! We must fight these financial terrorists at all costs!
Exactly, which is why what we most immediately need is a comprehensive strategy, and related candidate, that implements all our demands at the same time, and although I'm all in favor of taking down today's ineffective and inefficient Top 10% Management System of Business & Government, there's only one way to do it – by fighting bankers as bankers ourselves. Consequently, I have posted a 1-page Summary of the Strategic Legal Policies, Organizational Operating Structures, and Tactical Investment Procedures necessary to do this at:
http://getsatisfaction.com/americanselect/topics/on_strategic_legal_policy_organizational_operational_structures_tactical_investment_procedures
Join
http://finance.groups.yahoo.com/group/StrategicInternationalSystems/
if you want to be 1 of 100,000 people needed to support a Presidential Candidate – such as myself or another you'd like to draft – at AmericansElect.org in support of the above bank-focused platform.
didn't know if you knew this or not, but many banks didn't want bailout money but the federal government begged them too. They didn't want the banks taking the money to be singled out like you are.
So, by advocating targeting the bailout banks, you might be targeting banks that were fiscally responsible.
Target BoA and forget the rest. That sends a clearer message.
imrational: I smell B.S, it is kind of like when my Aunt gives me a hundred dollar note for Christmas I make a big stink about how I couldn't accept the money and she is too nice but secretly I am rubbing my hands together salivating.
You know like me once a bailout banker gets a taste they will be back for more. It is not the fiscally sound that I am worried about it is whether I am going to have to pay for these SOBs through bank fees, bailouts, or inflation through the Fed printing unnamed amounts of money. Unfortunately I have to pick my poison with these bailout banks.
Well, the bailout banks that took the money after being asked to promptly returned the money/paid it back.
Dont' get me wrong, I was against the whole Bailout idea and in fact, closed my BoA account at the time in protest (I think I deleted the video tho).
You're right about the "gets a taste and they'll be back for more". I think a lot of people don't remember/don't know about the Savings and Loan Scandal that happened in the late 80's. It was a very small earlier version of the recent bailout.