BANK ACCOUNT OVER DRAFT FEES SHOULD BE ILLEGAL
THEY ARE CHARGING PEOPLE FOR NOT HAVING ANY MONEY!!!!
"Banks will let you overspend on your debit card in a way that is much, much more expensive than almost any credit card,” said Eric Halperin, director of the Washington office of the Center for Responsible Lending."NY Times
HOW IS THIS FAIR? HOW IS THIS LEGAL??? 39 BILLION DOLLARS!!!! The banks, like fascists, will protect these easily obtained profits. This is a mountain to climb to have a fair baking system. Is anybody gearing up for a fight?
My credit union, First United, has made a fortune off people in similar finical situations as to mine, broke! At $25 per transactions just four, one dollar transactions will cost me $100. No matter how small the expenditure, the fee is still $25. Charging people for being broke is just FUCKED UP. Bankers and their fascist business partners are not letting Americans pursue the American dream. These fees are exclusively for people who live pay check to pay check. People who are too concerned with their jobs and other things will pay these fees without blinking an eye, they think they are being taken care of by their bank.This is a service in which, the bank sells the service as convenient, economical and efficient. In reality they are taking advantage of hard working Americans so they can buy another mansion because of their exploitation of working class Americans. These fees keep working class American from becoming middle class and upper-class. They perpetuate the poverty cycle, putting an unnecessary burden on already struggling American families. They keep working Americans in debt, unable to achieve financial freedom, LIKE MANY I AM AFRAID OF BEING IN DEBT TO CREDITORS UNTIL THE DAY I DIE, LEAVING MY FAMILY WITH BILLS AND NOT ANYTHING ELSE. Maybe it is because my bank account have been negative the past few months, or I see people being abused and taking advantage of and unlike people in positions of power I FUCKIN care about people???? I have yet to figure it out.
My original post was going to comment on Lou Dobbs, other racist and fascists. But looked at my bank account and decided many Americans are affected by this and my focus should be on them, not the forces who seek to keep the working class American down, at least not this post. Just read the quote on the bottom and you get a feel of what is going on.
"CNN is facing pressure on a number of fronts to drop Lou Dobbs from their roster of on-air talent, a move that would force millions of Americans seeking out news about the conspiracy to spread leprosy throughout America via illegal Mexican immigrants to turn instead to the guy who lives under the bridge by the old tire factory."
--Jason Linkins HUFF POST