WCGreen
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Tue Oct-20-09 07:05 PM
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So it sure looks as if the banks waited until they squeezed enough |
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cash to take them though the coming tough times and turned around and told average Americans to Fuck Off.
One of the reason the banks were granted so much cash way back in 2008 was to keep the country liquid, you know, spread the cash around by easing credit rates for people with good credit, keeping tabs on peoples personal credit cards, stuff like that to keep the economy growing.
What was the first thing they did after a few shekels were spread around just to make it look like they cared about the economy malaise, you know the one their irrational exuberance was what they had created?
Raise rates on good customers, deny credit to credit worthy customers, suspend long time clients just because and, oh yea, hand out huge bonuses to whoever they could...
Where is the outrage?
Isn't anyone outside of a small circle of people pissed off?
I know this is about the 50,000 thread about it here but hey, posting on DU seems to be the only place to raise some good old fashion ire and know someone at least listened.
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blm
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Tue Oct-20-09 07:09 PM
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1. I'm furious with you. Mass local marches? Or targeted marches in NYC and Charlotte? |
Xipe Totec
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Tue Oct-20-09 07:11 PM
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You might want to consider rephrasing that in a more neutral way...
Just saying...
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Name removed
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Wed Oct-21-09 09:25 AM
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Message removed by moderator. Click here to review the message board rules.
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MannyGoldstein
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Tue Oct-20-09 07:12 PM
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Edited on Tue Oct-20-09 07:13 PM by MannyGoldstein
Is what we are.
Perhaps the bank CEOs will be invited back to the White House for lunch and given another $13 trillion in loan guarantees.
You? If your lucky, they'll let you sell a kidney to a banker.
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bbinacan
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Tue Oct-20-09 07:15 PM
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by what I'm hearing here on DU. I was piled up in high CC debt and went into a non-profit debt management program. Long story short, I've paid off 60K in debt and have saved a decent amount. My credit score went from the low 500 range to 716. My bank has me pre-approved for a 10K card (which I declined) and a home equity line at prime plus 1 with no annual fee and no access requirement.
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Kdillard
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Tue Oct-20-09 07:17 PM
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5. I have been getting offers from credit cards like crazy myself. |
CaliforniaPeggy
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Tue Oct-20-09 07:20 PM
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bahrbearian
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Tue Oct-20-09 07:31 PM
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wroberts189
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Tue Oct-20-09 07:31 PM
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8. I think if they did a poll most would agree we were robbed. knr nt |
girl gone mad
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Tue Oct-20-09 07:37 PM
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9. I never understood why people bought into the idea that the banks were going to turn around.. |
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and lend us more money at a time when we were already saddled with massive amounts of debt, default and bankruptcy rates were skyrocketing, and businesses and consumers were retrenching. As a means of revitalizing the broader economy, giving banks more money in hopes that they would make loans was just about the worst economic recovery plan in history. But I suspected then as now that there were ulterior motives at work. A blast from the not so distant past: http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=8286571&mesg_id=8286661
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natrat
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Wed Oct-21-09 08:55 AM
Response to Reply #9 |
14. cuz that's what barney frank chris dodd et al said the banks would do |
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yes now we know the politicians on both sides are 97% whore
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Skittles
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Tue Oct-20-09 07:49 PM
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10. it's what happens when you demand no accountability |
WCGreen
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Tue Oct-20-09 11:23 PM
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11. No accountability equals no culpability... |
ej510
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Tue Oct-20-09 11:42 PM
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12. Re-enact the glass-steagall act then break up the big banks |
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make it illegal for big banks to lend. Leave loan transactions to local banks. Cap credit card rates at 10% nationally. Basically implement heavy regulation. Get banks out of the stockmarket and cap salaries. We need to reel in Wall St.
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natrat
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Wed Oct-21-09 08:57 AM
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15. ha...frank is writing legislation basically allowing derivatives to go on unimpeded |
vaberella
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Wed Oct-21-09 05:20 AM
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13. I don't know if I can feel any more outrage towards these idiots. |
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I just want them gone and in NYC----someone needs to take out JP Morgan Chase...they're the most dangerous of the all US Banks in my opinion.
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Bluenorthwest
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Wed Oct-21-09 09:17 AM
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16. And they want to do the same thing with Insurance 'reform' |
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give them years to bleed us one way, before they bleed us another way.
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Tue Apr 30th 2024, 08:23 AM
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