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Bankers, Wankers
Sep. 30th, 2011 09:40 pmSo how much more garbage are Americans going to put up with before they start burning bankers at the stake or tearing down bank buildings brick by brick?
Beleaguered Bank of America obviously doesn't yet realize that its problems are caused by its own dishonesty and mismanagement, not by its millions of small depositors. How much bonus are they paying those execs who came up with the idea of charging $5 per month for the privilege of using a debit card?
These are, of course, the same people who have been promoting debit cards relentlessly for years. Telling you that checks are passé and that a debit card is more secure and costs them less to process so they can pass the savings on to you. Now that they've finagled changes in banking regulations to take away almost every advantage of the paper check system (no more returned checks, no more security, no more guarantees, no more paper statements...) they want to start charging you for using their preferred alternative.
Note: I am not a B of A customer and never will be. However, I am, through no fault of my own, now a Chase customer. I have no better thoughts about Chase, and have already begun looking for a smaller, more honest, and less costly place to do my banking. I had an account at First National Bank of Chicago, one of so many years' standing that my account number has only seven digits. I have kept it through repeated buy-outs and mergers as the bank changed names and management nearly once a year in the 21st century. But the arrogance of the giant banks and their total lack of interest in the needs of non-millionaire customers has gone much too far and it is time for all of us to scrape the dust of their corrupt establishments from our sandals and go somewhere else.
Such an odd coincidence that Bank of America's website suddenly became unreachable the day after their unilateral announcement, isn't it? They insist that it wasn't hackers, but all descriptions of the problem have DDOS written all over them in my opinion. They deserve worse than that, but the fact is, their customers don't deserve it. Whoever you are out there, interfering with B of A's network connections, you're hurting the innocent far more than you harm the guilty. Choose a different means of attack. An organized bank run would serve them right. Take your money out of the failing and corrupt institution and put it somewhere smaller where you can actually talk to a real person. (And not get charged for the privilege.) Or put it in a sock and bury it in your back yard, where it will earn every bit as much interest as Bank of America is likely to give you. And last time I checked, there are no service charges for using an old sock.
Beleaguered Bank of America obviously doesn't yet realize that its problems are caused by its own dishonesty and mismanagement, not by its millions of small depositors. How much bonus are they paying those execs who came up with the idea of charging $5 per month for the privilege of using a debit card?
These are, of course, the same people who have been promoting debit cards relentlessly for years. Telling you that checks are passé and that a debit card is more secure and costs them less to process so they can pass the savings on to you. Now that they've finagled changes in banking regulations to take away almost every advantage of the paper check system (no more returned checks, no more security, no more guarantees, no more paper statements...) they want to start charging you for using their preferred alternative.
Note: I am not a B of A customer and never will be. However, I am, through no fault of my own, now a Chase customer. I have no better thoughts about Chase, and have already begun looking for a smaller, more honest, and less costly place to do my banking. I had an account at First National Bank of Chicago, one of so many years' standing that my account number has only seven digits. I have kept it through repeated buy-outs and mergers as the bank changed names and management nearly once a year in the 21st century. But the arrogance of the giant banks and their total lack of interest in the needs of non-millionaire customers has gone much too far and it is time for all of us to scrape the dust of their corrupt establishments from our sandals and go somewhere else.
Such an odd coincidence that Bank of America's website suddenly became unreachable the day after their unilateral announcement, isn't it? They insist that it wasn't hackers, but all descriptions of the problem have DDOS written all over them in my opinion. They deserve worse than that, but the fact is, their customers don't deserve it. Whoever you are out there, interfering with B of A's network connections, you're hurting the innocent far more than you harm the guilty. Choose a different means of attack. An organized bank run would serve them right. Take your money out of the failing and corrupt institution and put it somewhere smaller where you can actually talk to a real person. (And not get charged for the privilege.) Or put it in a sock and bury it in your back yard, where it will earn every bit as much interest as Bank of America is likely to give you. And last time I checked, there are no service charges for using an old sock.
