How the Sneaky Hands of the Big Banks Are Working Overtime to Rip You Off

Discussion in 'Economy' started by Modbert, Jul 15, 2010.

  1. Modbert
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    Modbert Daydream Believer Supporting Member

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    t r u t h o u t | How the Sneaky Hands of the Big Banks Are Working Overtime to Rip You Off

    Thoughts USMB?
     
  2. AVG-JOE
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    AVG-JOE American Mutt Staff Member Gold Supporting Member

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    So far I am happy with the decision to move everything cash into credit unions - $5 overdraft fee and they move the money from savings to cover the boo-boo.

    (Insert your preferred Deity here) bless 'Member Owned'.​
     
  3. topspin
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    topspin BANNED

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    Whambulace.
    I and most people don't overdraft.
     
    Last edited: Jul 15, 2010
  4. Oddball
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    Oddball BANNED Supporting Member

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    Why...why...why.....This is just more proof of how those dirty dogs need to be regulated even more!!! :rolleyes:
     
  5. elvis
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    elvis BANNED Supporting Member

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    Yeah, let's nationalize the fuckers.
     
  6. editec
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    editec Mr. Forgot-it-All

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    They rock me $28 for an over draft.

    And that's WITH protection in place.

    They rock me $28 for an overdraft even if they won't honor it, too.

    So why NOT have it?
     
  7. Pepe
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    Pepe Senior Member

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    Anyone who requires "Overdraft Protection" needs to be required under Penalty of Law to attend Personal Financial Education Classes.

    These are the same people who scream from their knees for the Gubmit to protect them from themselves.

    And these same people are actually allowed to Vote.

    Go figure.
     
  8. syrenn
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    syrenn BANNED

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    There was an old galagher joke reguarding overdrafts.

    "The banks are taking more of what they KNOW you already don't have."

     
  9. AVG-JOE
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    AVG-JOE American Mutt Staff Member Gold Supporting Member

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    No need. Turn the Federal Reserve into a 'Member Owned' national credit union charging reasonable rates like $5 for services like overdrafts (ass-u-me-ing the kiter has the dough available in savings), make loans at something between the 1/4% that they charge banks and whatever it is banks charge us based on our credit, and the fuckers will go out of business.

    That's why they pay their mercenary lobbyists 7 figures and fund political campaigns to 8 figures.
     
  10. AVG-JOE
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    AVG-JOE American Mutt Staff Member Gold Supporting Member

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    How about funding education to the point where every high school graduate can be required to have the skills to balance a fucking check book.
     
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