Can you spare a dime?

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I don't pertend to understand what happened when the bankers went to washington with their hats in their hands asking for money to save the economy. But I do understand that they got billions and in return, they didn't use the money for what it was said it would be used for, instead they went christmas shopping for weak banks to buy, and they raised the interest rates on credit cards. What a way to stimulate the economy. What a lesson for the american people to learn. You pay in taxes to save the banks so they can raise your interest rates and in addition to that, if you are late or your payment is one cents off from your balance due, they hit you with a late fee. Somebody tell me, with a business run like that, how can bankers be so stupid and greedy to cause the problem for the rest of us and not be put in jail or at least Fired!!! And our government, thats another lens.

My review of this business 

I pay my bills on time and I have a few creditcards. One credit card company/bank put me in a bind when they decided to lower my credit without notifying me. They cut my credit in half leaving me with an automated payment due to another creditor, who didn't get paid because there wasn't enough on the credit to cover it, and I received a late fee from them and a past due amount unpaid. Then my credit card issuer hit me with an over the limit fee for the auto payments they did pay.

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P.S. If you learn just one thing from this page... 

Bankers are not in business to be your friend, but to make money for the stock holders and themselves.The friendly banker is only your friend until you have bitten the fruit of the loans for cars, loans for houses, and the old creditcard bite. Where is the bill gates of creating a new way to use and enjoy credit without being taken to the bank...

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  • Reply
    Chris1392 Chris1392 May 26, 2009 @ 9:13 am
    Thanks for stopping by and commenting. [in reply to TrueGhostTales]
  • Reply
    TrueGhostTales TrueGhostTales May 24, 2009 @ 8:29 pm
    Excellent points!
  • Reply
    paperfacets paperfacets Mar 3, 2009 @ 9:28 am
    Your visualized graphics are good and holds interest. Good luck with that. It would be good for TV. Something new for TV news mags. Have you seen Brink on Friday evenings? Would work very good on that show.
  • Reply
    susie58 susie58 Jan 31, 2009 @ 10:50 am
    Thank you for rating my lens. I gave you 5 stars and have twittered my response to your "Sound Off". You have a great lens and it really deserves attention.

    Thank you again!
  • Reply
    susie58 susie58 Jan 31, 2009 @ 10:50 am
    Thank you for rating my lens. I gave you 5 stars and have twittered my response to your "Sound Off". You have a great lens and it really deserves attention.

    Thank you again!
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Your turn! Sound off here. 

It's both in partnership to rob the nation as much as they can before the people or some brave sole in washington stands up and do something about it. The only ones profitting from this is those in charge and their families. Government works to keep three classes of people. Poor, middle class and the rich who is doing their best to make a fourth class of people. The super rich!

Are bankers out to kill the economy

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It's not the bankers, but government

susie58 says:

that the government should have given a bailout to the tax payers. Consider this...$100,000 per tax payer while withholding taxes. This would allow the bail out to be paid back in part and give a huge boost to the economy as the tax payers could pay their bills, buy cars, buy homes and it goes on! This would have cost us a lot less than bailing out all these companies! Just my thought.

Posted January 31, 2009

It's the people we send to washington

 

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Hello world, just another voice trying to be heard. I hope to share my opinion and grow a business while making new friends and keeping in touch with... (more)

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