US Citizens Starting To Rebel Against Wall Street

fkbsuhites · Sep 10, 2009

She f'd herself if she votes for republicans. Being the tea-bagger type, I suspect she does vote crooked.

The bailout was in fact approved by people like her who never questioned the shrub on his unamerican actions.

No group has done more damage to banking than republican deregulation of that industry.

They did not deregulate because these crooks are for "small govt", which the last decade has proven to be false. But simply they are all crooks on some corporations payroll

deregulation has benefited the crooks inside these corporations and now the entire culture inside these banks is now brazenly crooked as the good people have been pushed out.

And yes. Credit is not a god given right. She should have read the fine print before engorging herself with what she thought was free money.

Quote from Rickshaw Man:

Credit is not a god given right....Right on, tell that to the banks that got a bailout.

Sheâs not crying, sheâs simply saying FU

Rickshaw Man · Sep 10, 2009

Quote from Scataphagos:

She shouldn't be allowed to get away with "saying FU". If she doesn't like the new terms, she should terminate the card and pay off the balance under the prior terms.

When you intentionally don't pay your CCs, that's no different than shoplifting or other thievery. She's just trying to LOOK righteous.

She's an ass, and everyone who sympathizes with her is equally an ass.

The banks shouldnât be allowed to put undue pressures on itâs customers during the worst financial crisis in 70 years.

When banks intentionally raise rates, and raise min amounts due during this crisis â after taking tax payer moneyâ itâs no different than running over someone the backing up and running over them again.

She said she was unemployed, how long would you last without steady cash flow.

Rickshaw Man · Sep 10, 2009

Quote from fkbsuhites:

She f'd herself if she votes for republicans. Being the tea-bagger type, I suspect she does vote crooked.

The bailout was in fact approved by people like her who never questioned the shrub on his unamerican actions.

No group has done more damage to banking than republican deregulation of that industry.

They did not deregulate because these crooks are for "small govt", which the last decade has proven to be false. But simply they are all crooks on some corporations payroll

deregulation has benefited the crooks inside these corporations and now the entire culture inside these banks is now brazenly crooked as the good people have been pushed out.

And yes. Credit is not a god given right. She should have read the fine print before engorging herself with what she thought was free money.

Everything was fine till she lost her job. Everyone was caught off guard, even the Federal Reserve. Guess she listened to them and thought everything was going to be contained and her job was secure.

Rickshaw Man · Sep 10, 2009

Just look at the terrible example thatâs being set by this countries leaders, raising the debt ceiling over and over. Spending the publicâs money to bail out banks that made bad bets.

Privatize the profits, socialize the loss, all at the tax payers expense, Itâs know wonder people feel the way they do towards the banksters..

These are the facts, plain and simple. Set a better example, live within your means Washington DC.

sprstpd · Sep 10, 2009

Quote from Scataphagos:

She's an ass, and everyone who sympathizes with her is equally an ass.

And anyone who thinks Bank of America should still be in business is equally an ass.

Scataphagos · Sep 10, 2009

Quote from Rickshaw Man:

"... She said she was unemployed, how long would you last without steady cash flow.

That's not a good question to ask of me (if that's what you meant).... I'm not typical. I studied financial planning when I was young and have practiced it all along. I would have NEVER allowed myself to be in her shoes regarding CCs... regardless. I've never bought ANYTHING I couldn't pay cash for.

The only financial issue in my life is whether/how fast the government destroys my wealth for their self-serving and greedy issues.

lrm21 · Sep 10, 2009

Quote from AyeYo:

I never said she wasn't playing "business." It's all the people that are giving her the moral high ground that I'm disgusted with.

The banks are crooks, no one is denying this. As pointed out, they're stealing from us all in many different ways. That's all beside the point though. The character (good or bad) of the banks is NOT a valid argument for ceasing to pay them the money they loaned you.

Before I award her the moral high ground and a metal of honor, by default (like many are doing), my questions to her are:

WHY is she in debt?
WHY has she been only paying the minimum?
WHY has she not choosen to pay off the card instead of defaulting?

People are taking what I said the wrong way and jumping to conclusions. I NEVER said that all debt is bad. I NEVER said not to take a $30k auto loan at 5%, if you can afford it. Debt is a fact of life. I have debt (student loans). What I said is that CC debt at 9999999999% is bad. The only reason to carry such debt IS because of hard times that leave no other option. However, the majority of America uses their "30%" credit cards to finance toys they can't afford, and then carry that debt at the $3 minimum payment for YEARS. That's NOT the smart way to use a credit card! Then they go all over youtube and whine about how the CC companies are raping them. Tough shit. Until she proves otherwise, this is what I'll assume because it encompasses the vast majority of cases.

As a side note: Like I mentioned before, why didn't she just cancel the card? Is it not true that you accept new terms by default if you do not cancel the card when the changes are made? Is it not true that, if you cancel the card due to unwanted changes, the CC company will freeze purchases on the card, but allow you to continue paying off the card at your old rate?

I believe that THIS is what a responsible person would have done. She's just looking to get out of her debt obligation.

Valid points, unfortunately we are getting past the point of reason and discourse.

revolutions are bloody affairs. And yes you can commend those who are willing to take a stand and risk things.

Also her point is not just close her account and go away and accept the continued behavior of financial institutions

She wants to penalize them for their behavior.

Its not enough to hold up your end of the bargain, if you are permitting and faciliting the problems.

It's immoral to simply cheat another with the intention of never paying.

But this is not the case. She is not quietly hiding the fact she has not paid, she is acknowledging it and stating why and accepting the consequences.

People need to read Thoreau On Civil Disobedience

[2] How can a man be satisfied to entertain an opinion merely, and enjoy it? Is there any enjoyment in it, if his opinion is that he is aggrieved? If you are cheated out of a single dollar by your neighbor, you do not rest satisfied with knowing that you are cheated, or with saying that you are cheated, or even with petitioning him to pay you your due; but you take effectual steps at once to obtain the full amount, and see that you are never cheated again. Action from principle â the perception and the performance of right â changes things and relations; it is essentially revolutionary, and does not consist wholly with anything which was. It not only divides states and churches, it divides families; ay, it divides the individual, separating the diabolical in him from the divine.

[3] Unjust laws exist; shall we be content to obey them, or shall we endeavor to amend them, and obey them until we have succeeded, or shall we transgress them at once? Men generally, under such a government as this, think that they ought to wait until they have persuaded the majority to alter them. They think that, if they should resist, the remedy would be worse than the evil. But it is the fault of the government itself that the remedy is worse than the evil. It makes it worse. Why is it not more apt to anticipate and provide for reform? Why does it not cherish its wise minority? Why does it cry and resist before it is hurt? Why does it not encourage its citizens to be on the alert to point out its faults, and do better than it would have them? Why does it always crucify Christ, and excommunicate Copernicus (2) and Luther,(3) and pronounce Washington and Franklin rebels

This what happens when you shit where you eat.

Unintended Consequences.

fkbsuhites · Sep 11, 2009

people don't need to read Thoreau. They need to vote on the issues that effect their own lives instead of trying to legislate how everyone else lives.

god,guns and gays needs to be moved into the state and local level so more important issues can be dealt with at the national level.

And more importantly, Everyone STOP voting republican.

They're all crooks on the corporate take. There are a few democrat crooks, republicans are ALL crooks on the level of Ton DeLay. All republicans are corporate funded tools.

She needs to vote for someone like Sen. Bernie Sanders who is working to cap usury in banking.

Quote from lrm21:

But this is not the case. She is not quietly hiding the fact she has not paid, she is acknowledging it and stating why and accepting the consequences.

People need to read Thoreau On Civil Disobedience

meanboy · Sep 12, 2009

With the new laws that kicked your statement is likely to be true but before that it's up to the CC company to let you opt out. Not all will let you opt out. If you choose not to agree you will need to pay off the card immediately. I know that first hand because Chase did that to me back in June 09.

Quote from AyeYo:

I never said she wasn't playing "business." It's all the people that are giving her the moral high ground that I'm disgusted with.

The banks are crooks, no one is denying this. As pointed out, they're stealing from us all in many different ways. That's all beside the point though. The character (good or bad) of the banks is NOT a valid argument for ceasing to pay them the money they loaned you.

Before I award her the moral high ground and a metal of honor, by default (like many are doing), my questions to her are:

WHY is she in debt?
WHY has she been only paying the minimum?
WHY has she not choosen to pay off the card instead of defaulting?

People are taking what I said the wrong way and jumping to conclusions. I NEVER said that all debt is bad. I NEVER said not to take a $30k auto loan at 5%, if you can afford it. Debt is a fact of life. I have debt (student loans). What I said is that CC debt at 9999999999% is bad. The only reason to carry such debt IS because of hard times that leave no other option. However, the majority of America uses their "30%" credit cards to finance toys they can't afford, and then carry that debt at the $3 minimum payment for YEARS. That's NOT the smart way to use a credit card! Then they go all over youtube and whine about how the CC companies are raping them. Tough shit. Until she proves otherwise, this is what I'll assume because it encompasses the vast majority of cases.

As a side note: Like I mentioned before, why didn't she just cancel the card? Is it not true that you accept new terms by default if you do not cancel the card when the changes are made? Is it not true that, if you cancel the card due to unwanted changes, the CC company will freeze purchases on the card, but allow you to continue paying off the card at your old rate?

I believe that THIS is what a responsible person would have done. She's just looking to get out of her debt obligation.

short&naked · Sep 12, 2009

There was a time in this country's (U.S.) history when close to 100% of people would have marked this women as a complete idiot. I rest my case.