I am astounded by the arrogance of those who call you and me stupid.
(A recent post I put on CNN).
I am astounded by the arrogance of those of you calling others stupid and paint everyone with a broad brush stroke. Have you even thought you might just be wrong? Probably not.
I am for free enterprise but not when it comes to community services, such as police and fire departments. When a service is needed by all citizens and easily abused by business owners, such as utilities and sewerage services, then government owned and operated or quasi-government or non-profit organizations provide better services without abuses.
I have never thought of banks falling into this category, but now I do. I have gone from believing the government should not take over the banks this past year to now supporting a public role in providing banking services. The abuse of changing credit card % from 12.99% to 29.99% and cutting people's credit limits in half for not justified reason directly affecting their credit score without any cause on their part is more than exercising the rights of free enterprise. It is clearly abuse and greed causing deep harm to innocent and decent customers who assume the banks would continue to deal fairly and reasonable in providing credit and services. With banking services being an essential service for everyone in today's society, basic banking services have become more like an essential utility. And, the banks, including credit unions, have clearly abused their customers with unreasonable charges, fees and rate changes. When one sees that these same institutions and their lobbyists essentially control the rules of the game through Congress, then the average person does not have a chance to control their destiny. Don't give me the crap about people should not carry a balance on their credit cards or over extend themselves or people can change their banks., because that is just horses**t used to justify that the free enterprise system works if people stayed within their means. You and I know that the banks control the elected officials and that corporations in general control Congress. It no longer matters who is right or wrong. The average American is feed up with this abuse and hopefully will start taking actions to create a publicly owned non-profit banking alternative that is based upon decent rules of conduct and do not abuse decent hardworking Americans. If you feel this comment is hogwash, good for you, just move on and leave us alone to do our business, but if you are sympathetic to the bank abuse of the average person then join us at www.better1than1million.com where we believe it is better that 1 bank goes bankrupt than 1 million Americans.
I am astounded by the arrogance of those of you calling others stupid and paint everyone with a broad brush stroke. Have you even thought you might just be wrong? Probably not.
I am for free enterprise but not when it comes to community services, such as police and fire departments. When a service is needed by all citizens and easily abused by business owners, such as utilities and sewerage services, then government owned and operated or quasi-government or non-profit organizations provide better services without abuses.
I have never thought of banks falling into this category, but now I do. I have gone from believing the government should not take over the banks this past year to now supporting a public role in providing banking services. The abuse of changing credit card % from 12.99% to 29.99% and cutting people's credit limits in half for not justified reason directly affecting their credit score without any cause on their part is more than exercising the rights of free enterprise. It is clearly abuse and greed causing deep harm to innocent and decent customers who assume the banks would continue to deal fairly and reasonable in providing credit and services. With banking services being an essential service for everyone in today's society, basic banking services have become more like an essential utility. And, the banks, including credit unions, have clearly abused their customers with unreasonable charges, fees and rate changes. When one sees that these same institutions and their lobbyists essentially control the rules of the game through Congress, then the average person does not have a chance to control their destiny. Don't give me the crap about people should not carry a balance on their credit cards or over extend themselves or people can change their banks., because that is just horses**t used to justify that the free enterprise system works if people stayed within their means. You and I know that the banks control the elected officials and that corporations in general control Congress. It no longer matters who is right or wrong. The average American is feed up with this abuse and hopefully will start taking actions to create a publicly owned non-profit banking alternative that is based upon decent rules of conduct and do not abuse decent hardworking Americans. If you feel this comment is hogwash, good for you, just move on and leave us alone to do our business, but if you are sympathetic to the bank abuse of the average person then join us at www.better1than1million.com where we believe it is better that 1 bank goes bankrupt than 1 million Americans.
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