My oft-used reply to my right-wing friends when they complain about all the real estate being bought up in the country by foreign investors is, "So what? If we decide to take it from them what are they going to do, come and get it?"
If every one of us who have been robbed by the banking industry and their "for no other reason but greed" 30% credit card interest rate hikes were to simply stop paying them, there isn't a damned thing they can do about it.
If we Americans can somehow find the gumption to vote out of office every single one of the pricks who take gifts, bribes, contributions, favors... whatever... from these thieves, we could reorganize and correct our corrupt system overnight.
Apart from a poisoned environment, far and away the single biggest threat to us and our security is the greed-driven predatory financial practices of Wall St. aided and abetted by a corrupt government. You don't believe me, read this: http://www.nytimes.com/2010/01/10/opinion/10rich.html
It is way past time for a tax-payer driven citizen revolution.
Do it. I have done my part. I have dumped the cards. I have stiffed phone companies. I pay my fucking bills and the butt plugs just want more.
ReplyDeleteI ain't no fortunate one.
Yeh, some folks inherit star spangled eyes,
ooh, they send you down to war, Lord,
And when you ask them, how much should we give,
oh, they only answer, more, more, more, yoh,
Thanks for the link.
ReplyDeleteHere's another. These guys provide information on finding community banks and credit unions so everyone can ditch the Too Big To Fail banks.
http://moveyourmoney.info/
Each one, teach one
I recall seeing this video some time ago. As far as I've seen, unfortunately, no "debt strike" has emerged. I think most people are too nervous, and too insecure in a time of high unemployment and precarious finances, to take the risk.
ReplyDeleteI myself hardly have any credit cards left. Whenever they raise their rates, they have to give you the option of refusing the change and canceling the card; so as each one tried to jack up its rate on me, I took that option.
In November a similar idea was floated concerning mortgages.
I'm commenting because I read this, and listened to the video, and I want you to know that.
ReplyDeleteI have to think about it further, there's much here I hadn't considered.
I do my best to shrink my spending to cash or debit, I buy locally and shop at family owned stores and businesses, I volunteer in my community....It's extra work and sometimes difficult (rather than one-stop shopping at walmart).
I do all this for the economy in my area, and yet I feel it's so insignifiant in the shadow of what I've learned here today.
She is so right. I've railed against wall street et al at times in my blog and will continue to do it. But she really gets to the point and puts her ass on the line. I wish her well.
ReplyDeleteI have a complaint about the "big 3" credit reporting companies. Why do we all give them so much power over us. Who the hell are they?
I linked to this in my blogs. Hope it's okay. I just want to help her get exposure.
ReplyDeleteThanks,
Greg
Use their weapons that they are using against you. Money. File chapter 7 or make them, force them into lowering your debt back to it's principle only minus the interest, you have most likely paid off your principle in the interest payments alone. If the government which has shown us so many ways it has been bought won't do it you will have to do it for yourself and in one fighting there is always another, then there are two and where there is two then you will find four more.
ReplyDeleteIt only seems as if you are alone but I assure you you are not.
Well done Mr. C.
Thanks for posting this. It's outrageous. I now use only cash or debit. I have one credit card from a small local bank and I keep it for emergencies only. I'm trying not to play their game and give the big boys any of my money. The bail outs have done enough of that.
ReplyDeleteThanks for this post. I think there is a ground-swell of thought and action going on right now, we have our checking account in a bank with only one branch, their customer service is out-of-this world, you would hardly know it's a bank. As Walking Man says we are not alone.
ReplyDeleteAgain, thanks to all for great comments. I, like thousands of others, only had a credit card for emergencies. Well, we had a medical emergency for my uninsured wife and had to use the credit card. 6 months, on-time payments later... 29.9% interest out of the blue. No negotiating. I'll soon persuade my wife to simply not pay them.
ReplyDeleteThanks for posting this C. I too read it at PE's place and promptly passed it on in email to dozens of friends. These bastards are the fifth column in this country. They are the ones who are going to bring us down, and of course the infuriating part is, they will suffer naught.
ReplyDeleteHi Again, it's your far away reader from the other side of the pool. Again you have hit the nail, "apart from the enviroment greed is the greatest threat" I could not agree more. And if you want to boil it down, greed is in the front seat driving when our beatuifull green planet is slowly becomming poisnous.
ReplyDelete