Nov 5th - send a message to the banks
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If there is less money in the big banks, FDIC has less exposure to risk.
We can thank the big commercial banks for several economic crashes in the last 100 years. It's always the same story, deregulate, they get greedy and make risky investments and than expect to have their asses pulled out of the fire when things go sideways.
Credit Unions don't work that way being non-profit.
I'm not saying we should put the big banks out of business (well not today, but that's another story). Collectively pulling hundereds of millions of dollars out of the big banks will serve two purposes
1) Send a message that our patronage is not a given. The need to earn our business.
2) Shrink the big banks and spread the money back out across our financial landscape. The more banking institutions we have, the safer our system is.
We can thank the big commercial banks for several economic crashes in the last 100 years. It's always the same story, deregulate, they get greedy and make risky investments and than expect to have their asses pulled out of the fire when things go sideways.
Credit Unions don't work that way being non-profit.
I'm not saying we should put the big banks out of business (well not today, but that's another story). Collectively pulling hundereds of millions of dollars out of the big banks will serve two purposes
1) Send a message that our patronage is not a given. The need to earn our business.
2) Shrink the big banks and spread the money back out across our financial landscape. The more banking institutions we have, the safer our system is.
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Ok lets see, who is responcible for all the bad loans...the banks? no...the people who applyed for the loans in the first place KNOWING they could not afford it.
Lets continue with this. Whos fault is it, when the credit limit is pushed and CC's are maxed out...the bank? NO...again people.
Placing the blaim on the banks is like saying guns kill people all by themselves. Yes teh banks have some culpablity in this, but the bigger problem are the idiots now standing up and demanding this and that.
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Really....
Ok lets see, who is responcible for all the bad loans...the banks? no...the people who applyed for the loans in the first place KNOWING they could not afford it.
Lets continue with this. Whos fault is it, when the credit limit is pushed and CC's are maxed out...the bank? NO...again people.
Placing the blaim on the banks is like saying guns kill people all by themselves. Yes teh banks have some culpablity in this, but the bigger problem are the idiots now standing up and demanding this and that.Which would be the *******s in washington who 'stood up and demanded people be able to afford a house even if they cannot afford a house'.......
Ok lets see, who is responcible for all the bad loans...the banks? no...the people who applyed for the loans in the first place KNOWING they could not afford it.
Lets continue with this. Whos fault is it, when the credit limit is pushed and CC's are maxed out...the bank? NO...again people.
Placing the blaim on the banks is like saying guns kill people all by themselves. Yes teh banks have some culpablity in this, but the bigger problem are the idiots now standing up and demanding this and that.Which would be the *******s in washington who 'stood up and demanded people be able to afford a house even if they cannot afford a house'.......
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its going to suck when everyone in a America pulls their money out, and you stroll in the bank to get yours and they say "sorry sir, we have no money..."
Get there early!!!
Get there early!!!
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Just looked up Uncle Credit Union, they are also going to charge to use your debit. A 25 cent per debit fee. So everytime you pay you'll have to make sure you select credit instead. Yea I forsee that being a pain in the *** when I'm in a hurry and have to sign a stupid receipt. I can easily see people forgetting and paying $5 a month in fees there. I don't pay a dime for BOA, never have. Haven't been screwed over in the 15 odd years I've been with them. Yea they are gonna start charging for this debit card crap, whatever. It's more work than it's worth to change at this point.
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Protesters advocate making student loan debt disappear - US news - Life - msnbc.com
Ok, so YOU knowingly incurred a debt and now you think that it should be wiped out? How the hell does that even make sense? Take responsibility for your own GD actions, people. Hell, I have some debt. I pay it because I, not anyone else incurred it and I am responsible for it.
KL:FJDS;au au 0[aqukd oiua; eu98 - you can quote me on that.
Ok, so YOU knowingly incurred a debt and now you think that it should be wiped out? How the hell does that even make sense? Take responsibility for your own GD actions, people. Hell, I have some debt. I pay it because I, not anyone else incurred it and I am responsible for it.
KL:FJDS;au au 0[aqukd oiua; eu98 - you can quote me on that.
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i wish anonymous would be found, and each person dragged into the street ane executed.
Fixed for truth...****ing socalist asshats have no CLUE what capitalism is about and why its the best system on earth.
I am so sick of hearing people whine how "THEY" should get this, or are owed that...earn it! get off your lazy *** if your tired of being poor and WORK harder.
I am so sick of hearing people whine how "THEY" should get this, or are owed that...earn it! get off your lazy *** if your tired of being poor and WORK harder.
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The banks were forced to allow the loans to go through due to regulation from the .fed, the people who were applying and approved were lied to. They could never afford the loan but they were told they could by the lenders because washington told the lenders to give *****es money.
Once again, its not the gun, its not the bullet, its the person holding the gun that pulls the trigger.
Last edited by Overbear; Oct 26, 2011 at 01:14 PM.
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Protesters advocate making student loan debt disappear - US news - Life - msnbc.com
Ok, so YOU knowingly incurred a debt and now you think that it should be wiped out? How the hell does that even make sense? Take responsibility for your own GD actions, people. Hell, I have some debt. I pay it because I, not anyone else incurred it and I am responsible for it.
KL:FJDS;au au 0[aqukd oiua; eu98 - you can quote me on that.
Ok, so YOU knowingly incurred a debt and now you think that it should be wiped out? How the hell does that even make sense? Take responsibility for your own GD actions, people. Hell, I have some debt. I pay it because I, not anyone else incurred it and I am responsible for it.
KL:FJDS;au au 0[aqukd oiua; eu98 - you can quote me on that.
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I was unemployed for 2 years, almost all my debts went into collections. I payed what I could when I could. As soon as I got a job, I paid every debt I owed. It took me a couple years, but I paid them all. My brother said why didn't I just claim bankruptcy and get the debt wiped out and start over from that point cause the 7 years would already been gone and I'd be free and clear and have a clean history. I told him, I made the debt, I paid the debt. That's the way it works, I'm not a lazy *** SOB who takes advantage of the system like that.
I've been in some tough financial situations, but I always found a way to make it work. Even if that meant going without something for a while. I really don't understand how all these people are so friggin' irresponsible. I'm not all that old and I share almost none of the same opinions as these morons.
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I was unemployed for 2 years, almost all my debts went into collections. I payed what I could when I could. As soon as I got a job, I paid every debt I owed. It took me a couple years, but I paid them all. My brother said why didn't I just claim bankruptcy and get the debt wiped out and start over from that point cause the 7 years would already been gone and I'd be free and clear and have a clean history. I told him, I made the debt, I paid the debt. That's the way it works, I'm not a lazy *** SOB who takes advantage of the system like that.