When President Obama first announced this initiative, Chase sent us a hastily cobbled together “rationale” for why they were jacking up our (credit card) rates to a RIDICULOUS number.  “...to maintain profitability on your account…” was their very words.

I guess our excellent credit rating makes them afraid they won’t keep us on the hook and bleeding for the rest of our lives. Our response to this vile, despicable act has been for us to focus our resources on taking out the remaining balance as fast as we can, hopefully within the next couple of months.  Then you can stick it three miles past “where the sun don’t shine” CHASE BANK, and then some.  Good riddance.

We have also recently dumped another large bank in favor of a credit union. When asked why we were closing our accounts after several years, I said “poor customer service.”  What is telling is that the poor worker actually seemed sad but not surprised.

And in the meantime, keeping tiny timmy geitner and larry sleezeball summers firmly in their positions. Im tired if oblabla’s meaningless words.

We are the ‘People’ guaranteed by the Constitution to elect ‘representatives’. Our representation has been stolen by the money interests and their lobbyists. It’s time we took our government back. Why in hell did Congress give billions of dollars in stimulous hand-outs to the banks that have turned against us? Where are the courts when usury laws are broken? Controls must be put in place immediately to protect the ‘consumer’. If not, any recovery from the recession will not happen.

Banks & Financial Institutions are oppressing low-income consumers with outrageous fees and rules that come buried in mile-long agreements.
For once, I advocate that we go back to earlier times, when the average ATM card agreement was a single page; the current agreements, for “Debit Cards,” are 12 or more pages of microscopic print that is packed with all kinds of Bank priviledges to rob you of your money.
It’s absurd that Banks, and even Credit Unions, take $35 for each item purchased with “overdraft protection.” So instead of declining a purchase at the point of sale, as used to happen, the bank pays for the Starbucks coffee, the toothpaste, and anything else a consumer might buy as part of a normal day. I ran up $280 in overdraft fees in one day, when I purchased several items, all for less than $10, a few for less than $3. And this happened when I was unemployed, at a time when I really couldn’t afford to make an unwitting donation to my Bank without even knowing I was doing that.
  I want my government to protect me and everyone from usury. Government is very good at this, as it is at many things; it’s time to stop vilifying it at every turn—that only serves our corporate masters and their God of Profit.
I want President Obama to do more of his Bully Pulpit advocacy for consumers—call down the devils of Wall Street, the Chamber, the lobbyists! Make a joyful noise for Americans!! For Families! Youth! Seniors! Women! Workers! Children!