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Snarling Banks --- Jim Hightower

Society & Culture  (tags: abuse, activists, americans, Banks, bankers, corruption, crime, culture, dishonesty, education, freedoms, government, law, media, politics, society )

- 2587 days ago -
We're sick and tired of being bullied and stomped on by the Powers That Be in Washington, and by gollies, we're not going to take it anymore! Or are we?


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Past Member (0)
Friday May 25, 2012, 5:04 pm
"Even a dead fish goes with the flow." Thanks..

Terrie W (798)
Friday May 25, 2012, 9:26 pm
When the people realize that they, and they alone, truly have the power to shut all this s*** down, they will do so em masse. Te problem is....getting all the lemmings to understand just how much power they really have and using that power for the good of all.

Never put your money in a big bank chain, ever. If you have it in one, take it out and move it to a community bank in your town or city. Better yet, put it all in a credit bureau or split it into both.

Our money (what there is of it LOL) is split between a credit bureau and a local bank. This, if everyone did it, would bring the too-big-to-fail superbanks to their knees overnight. It would cause them to fail and we will not be bailing them out this time around. Why do you think they do not want Dodd-Frank to be fully implemented? Because there is a section in it that does not permit the government to bail them out with taxpayers money ever again.

Susanne R (236)
Saturday May 26, 2012, 12:31 am
Just how much clout do they have? Well, Elizabeth Warren isn't heading the Consumer Financial Protection Bureau, is she? The banks that were "too big to fail" achieved that status not by being the nice guys. They did it by selling people mortgages they couldn't afford and then tossing them out into the street when they couldn't keep up with the payments. They did it by seducing people with credit card offers that were too good to be true, and then doubling or tripling their introductory rate after being late with or missing a single payment, or by charging huge late fees that put them over their credit limit and then charging them "over the limit" fees. I wonder just how many people were forced into bankruptcy because of their underhanded tactics? And not only did they get away with this --they continue to bombard people with "offers they can't refuse." The more they fight for deregulation, the more we have to fight against it!

Past Member (0)
Saturday May 26, 2012, 1:34 am
You are right Susanne and the atrocity didn't stop.
The 1% is buying those same houses back from the banks, for pennies on the dollar of their original construction cost and renting them to the same people until they rebuild their credit when the 1% can sell them the same houses - AGAIN!
How do you like those bannanas?
'Too big to jail' is the recipe for never-ending financial slavery.


Kit B (276)
Saturday May 26, 2012, 1:26 pm

There are more then a few empty jail cells just waiting for these white collar thieves. This didn't happen by accident, this was planned and then encouraged by a lack of regulations and even of the few regulators some were paid to turn the other way. It didn't have to happen - that's the real point.

We are already down the rabbit hole, the problem is too many citizens believe the con-job and support the idea of little to no regulation. Oh, Jamie Dimon you really are a poster boy for what not to do. We can not have an economy based on nothing more then credit, what more proof do we need?

Watch: "Addicted to Money" - episodes one and two below:
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