Business

Prepare for ‘Banxodus’: Thousands Pledge to Close Their Bank Accounts

Mass removals of cash from banks can be a very dangerous thing. It can cause what is referred to as a “bank run,” that is, it has the potential to increase a bank’s chance of defaulting and force it into bankruptcy.

If this occurs at enough major banks (such as Bank of American, JP Morgan Chase, Wells Fargo, etc.) the results could be disastrous. However, despite this historically proven fact, a Facebook group is calling for protesters to close their bank accounts en masse.

They are calling it “Bank Transfer Day” and it will happen Saturday Nov. 5 (it’s assumed the Nov. 5th is an important date to protesters given the enormous presence of those Guy Fawkes masks ["Remember, remember, the fifth of November"]).

The group was started by a Facebook user who had heard about Bank of America’s $5 fee and posted an event on Facebook. So far, 75,061 Facebook users have said they will be attending, while 16,007 will “maybe” attend, reports CNN Money.

Prepare For Banxodus As Thousands Pledge to Close Their Bank AccountsMany dissatisfied consumers have already left their banks or have pledged to do so. Many of them say that they will take their money and put it into smaller community banks or credit unions, which commonly have fewer and/or lower bank account fees.

“At least 650,000 consumers have already joined credit unions since Sept. 29, the day Bank of America (BAC, Fortune 500) announced plans to impose its controversial $5 debit card fee, according to a nationwide survey of credit unions by the Credit Union National Association (CUNA),” reports CNN Money.

“The new memberships in October amount to $4.5 billion in new savings accounts,” CUNA said.

Despite the fact that Bank of America and other banks have backed off the debit card fee, consumers are still unhappy. More than four in every five credit unions said new customers cited days like “Bank Transfer Day” and new fees imposed by their banks as reasons for opening accounts, reports CNN.

Watch the CNN video that asks people about Bank Of America dropping the debit card fee. Apparently, the bank has “really flawed ethical, like, policies, you know?”

“We must flee all those banks now!!! They will be adding hidden fees shortly! Drop the credit cards and go to credit unions to avoid this pitfall,” one CNN Money reader wrote.

The Independent Community Bankers of America said a poll of its 5,000 members conducted on Oct. 17 found that nearly 60 percent of community banks are gaining customers who are upset with bigger financial institutions. The association’s community bank locator has seen more than 5,000 inquiries in the last few weeks — an increase of nearly 500 percent, according to CNN.

It’s important to note that there may elements greater than customer dissatisfaction at play. According to the same CNN report:

“Move Your Money Day” [a similar initiative] and “Bank Transfer Day” are backed by consumer groups like MoveOn.org and the Progressive Change Campaign Committee (PCCC), which are urging customers to switch banks by this Saturday — and turning to social media outlets like Facebook to do their convincing [emphases added].

Reportedly, almost 52,500 have pledged to take their money out of major financial institutions as part of the earlier mentioned Move Your Money “banxodus,” with just under 22,000 consumers planning to remove their money from Bank of America specifically.

An estimated 6,900 customers told the Progressive Change Campaign Committee they have already moved their money.

“They take your deposits and use them to buy politicians to de-regulate, give them immunity, interest-free loans and bailouts. Then they turn around and charge you fees to make them even richer,“ said one ”Move Your Money” flyer posted on a Facebook page dedicated to the initiative (which has 43,679 “likes”).

“Take your money to a credit union or a community bank that will use your money in your community and not to pervert the rule of law and fill their own pockets,” the flyer added.

Meanwhile, not to be outdone by the social network, Occupy Wall Street has formed a similar group, called “Dump Your Bank Day,” which will take place on Tuesday, November 8.

“The big banks will not be charging me a dime in additional fees. I moved my accounts to a great credit union last week,” a CNNMoney reader wrote. “Next week I get to tell Wells Fargo, to put it nicely, to take a hike.”

Comments (373)

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  • The-Monk
    Posted on November 4, 2011 at 11:12pm

    Does anyone here really think that these protesters have any money? After all… isn’t that the point of the protest…. they’re broke and want free money. Now, the people at the top who are financing this do have money but, they’re in bed with the banks.

    Report Post » The-Monk  
    • The-Monk
      Posted on November 4, 2011 at 11:17pm

      ATTENTION ALL THIEVES NEAR OCCUPY PROTESTS
      On Nov 6th, all these losers will be flush with cash. Open season…. have at it!

      Report Post » The-Monk  
    • Eliasim
      Posted on November 4, 2011 at 11:21pm

      Your not too bright. They don’t want the things they are saying. They want to destroy. They are destroyers, and the reflection of all the selfish work you have put into America.

      Report Post »  
    • Eliasim
      Posted on November 4, 2011 at 11:23pm

      Just pretend you are Ebeneezer Scrooge and this is a glimpse of your future.

      Report Post »  
    • The-Monk
      Posted on November 4, 2011 at 11:32pm

      @Eliasim
      I thought it was funny, you know a joke. Guess you don’t appreciate sarcasm. BTW, which post were you refering to? Both?

      Report Post » The-Monk  
    • Eliasim
      Posted on November 4, 2011 at 11:32pm

      But only you haven’t Scrooged people out of money, but that you have Scrooged them out of the Holy Spirit. Don’t you see the disdain they have for you in their eyes? They just want to destroy.

      Report Post »  
    • The-Monk
      Posted on November 4, 2011 at 11:36pm

      @Eliasim
      Did a background on your other posts. Sorry I bothered to reply to you….. you’re crazy as a loon.

      Report Post » The-Monk  
    • Eliasim
      Posted on November 4, 2011 at 11:36pm

      This is the path that all Fiat based nations eventually go down.

      Report Post »  
    • Eliasim
      Posted on November 4, 2011 at 11:39pm

      Eventually the creators of this movement will lose control of the movement.

      Report Post »  
    • Eliasim
      Posted on November 4, 2011 at 11:44pm

      Yeah, they said John the Baptist was crazy too.

      Report Post »  
    • The-Monk
      Posted on November 4, 2011 at 11:48pm

      @Eliasim
      Fiat…. I know Fiat…. they go through mud, they go through snow and when they go flat they go, woppa, woppa, woppa. HaHaHaHaHa!!!!

      Report Post » The-Monk  
    • Eliasim
      Posted on November 4, 2011 at 11:48pm

      You stupid, stupid people really think that Esaias really baptized with H2O don’t you? Wow you’ve got a lot of pain coming your way.

      Report Post »  
    • Snowleopard {gallery of cat folks}
      Posted on November 4, 2011 at 11:48pm

      @Monk — watch for the media to hype this mess up to the hyper-level to try and instill a mass panic and run on the banks, to give Obama and the Fed’s a “event and excuse for intervention” that will be made to appear as “in the interest of safety and stability for the public…” while there will be hidden in such language and executive order some nasty hidden suprises.

      Report Post » Snowleopard {gallery of cat folks}  
    • Pouncing Porcupine
      Posted on November 4, 2011 at 11:50pm

      This should give some sort of indication of actual percentage of the “99%”. I‘d wager that they’re less than 1%.

      Report Post » Pouncing Porcupine  
    • The-Monk
      Posted on November 4, 2011 at 11:53pm

      @Eliasim
      John the Baptist? Was he the liar? Wait; maybe that was Paul? I forget, who was the liar? Besides you, of course!

      Report Post » The-Monk  
    • Restored One
      Posted on November 4, 2011 at 11:56pm

      Guess who is hiring? The credit unions. Now who will get these jobs…the whining OWS gang or all of the people that may possibly lose there jobs by crashing the banks. UH….Duh, let me see. The So called college educated recent graduate or the recent layed off bank employee? Hmmmm. What a half a ssed backwards movement. Thanks for the job lame brain.

      Report Post »  
    • Eliasim
      Posted on November 4, 2011 at 11:59pm

      Ah yes Paul – he’s to my left.

      Report Post »  
    • The-Monk
      Posted on November 4, 2011 at 11:59pm

      @SnowLeopard
      Yep, I’m waiting for exactly that. But, I haven’t heard a thing on the MWM tonight. I purposely watched MSDNC (flipping back and forth and on a separate TV while watching GBTC @5) all day and didn’t hear one word about it. I suspected that the MSM would run it all day to help Obama in his quest to take over.

      Report Post » The-Monk  
    • The-Monk
      Posted on November 5, 2011 at 12:02am

      @Eliasim
      Pain? I‘m laughing so much at your posts that I can’t feel any pain!

      Report Post » The-Monk  
    • jzs
      Posted on November 5, 2011 at 12:03am

      The irony. First, once Obama took office, everybody was against the bank bailout which Bush passed with bipartisan support. Most people still think that was passed in Obama’s first term. Now everybody is rooting for the banks.

      Sorry, this is America and we have a free market system here. People can take their money out of a bank and put it in another if they choose. Or buy gold, which some would have you do. If you don’t like capitalism and the free market system, maybe you’re in the wrong country.

      Report Post » jzs  
    • Eliasim
      Posted on November 5, 2011 at 12:04am

      No really. I’m serious, I’ve always no matter where I lived I always had one neighbor named Paul and one named Samuel or Joseph.

      Report Post »  
    • The-Monk
      Posted on November 5, 2011 at 12:04am

      @Eliasim
      A liar to you left, a liar at your right…. yep, you’re in the right company. Birds of a feather….

      Report Post » The-Monk  
    • Eliasim
      Posted on November 5, 2011 at 12:09am

      And the Irony is that the Pauls have always been butt-holes, and the Josephs have always been nice as a lamb.

      Report Post »  
    • BJC
      Posted on November 5, 2011 at 12:12am

      These idiots are falling for the Unions plan. Deposit your money in the Credit Union so they can have a nice fat slush fund to blow for 2012. They think Obama will be around to bail them out once they’ve spent all the suckers money. You idiots better think again. I know I’m asking for a miracle asking you to think but try it!!!

      Report Post »  
    • The-Monk
      Posted on November 5, 2011 at 12:22am

      @Eliasim
      “Ah yes Paul – he’s to my left.”
      “And the Irony is that the Pauls have always been butt-holes”

      Are you saying that you have a butt-hole to your left? Birds of a feather….

      Report Post » The-Monk  
    • The-Monk
      Posted on November 5, 2011 at 12:26am

      @jzs
      Go away, I’m having fun with a different loser right now…. no time for JeZuS presently….

      Report Post » The-Monk  
    • Therightsofbilly
      Posted on November 5, 2011 at 2:13am

      Hey JZS

      I know you have high hopes for this bankapalooza thing, so that you can come back and say, “Another win for OWS”, but as you so eloquently stated the other day, it will be “much to do about muffin”

      That was the best post you ever made, I actually snickered.

      Report Post » Therightsofbilly  
    • WeDontNeedNoSteenkinBadges03
      Posted on November 5, 2011 at 3:57am

      Gotta hand it to those commie protestors. They’re doing more against a true evil in America, like “The Fed” & their bank structure, than Republicans or Conservatives have EVER done. Not siding with them … just pointing out that “our side” has never been on LIBERTY’S SIDE either.

      There’s allot to be done, but by the RIGHT people — and I don’t see anything, elections-wise, that will help. The Tree Of Liberty is drier than we think …

      Report Post » WeDontNeedNoSteenkinBadges03  
    • lukerw
      Posted on November 5, 2011 at 4:07am

      @THE-MONK
      The monied people always have ways of creating wealth… even in disaster and default… re. Soros and the Bank Of England. So, as they give the marching orders to OWS, you can bet that they will withdraw huge sums, then buy back in to Save the Bankrupt, at a huge interest Rate and Profit… just like Buffett did with Bank of America!

      Report Post » lukerw  
    • jzs
      Posted on November 5, 2011 at 4:19am

      The-Monk says, “Go away, I’m having fun with a different loser right now…. ” I wouldn’t want to interfere with whatever you are doing with your wife or your boyfriend. So I won’t comment for the next two minutes. Go for it dude! You the man!

      Billy, do you keep a dossier on me? You get paid for that or is it a hobby? As long as you remember my jokes that’s okay I guess.

      Report Post » jzs  
    • Polwatcher
      Posted on November 5, 2011 at 5:54am

      This is the face of the Democrat Party.

      Report Post »  
    • gmoneytx
      Posted on November 5, 2011 at 6:56am

      ELIASIM & THE-MONK

      You guys realize your little school yard bickering is up for everyone to see right?

      You two must have ADD or something.

      FOCUS, this article is about some indigents without even 2 pennies to rub together that are trying to cause some disruption in our nation, that’s all!

      Looks like they have you distracted. OH LOOK AT THE PRETTY BUTTERFLY!

      Report Post » gmoneytx  
    • GTH
      Posted on November 5, 2011 at 7:25am

      What they are protesting is the fact that THE BANKSTERS take your money and loan it out at 16,17,18,19,20 percent interest and pay YOU 1/4% on the money that you have in their bank.
      That is what they are protesting.
      Pretty good profit when you take something that isn‘t yours in the first place and lend it out for huge gain than give back the guy who’s property it was in the first place, a tiny, tiny piece of the action.
      Wake Up! Moorans….You‘re being kicked around like a beach ball and you don’t have the brains to realize it.
      http://youtu.be/ZPWH5TlbloU

      Report Post »  
    • tifosa
      Posted on November 5, 2011 at 7:50am

      The MYM movement puts legs under their (and teaparty-backed?) objection to Bush’s 2B2F bailouts.

      Report Post » tifosa  
    • SamIamTwo
      Posted on November 5, 2011 at 7:54am

      Because of the bloody media, they have a listening audience and sheep of all stratifications are agreeing…so you may see a ripple in the bank thing.

      Funny that GB promotes having cash, meaning you should pull some out of the bank…which I agree with…Hope we all are not doing it on the same day. LOL

      Report Post » SamIamTwo  
    • V-MAN MACE
      Posted on November 5, 2011 at 8:12am

      This is a fractional reserve banking protest against the Banks which are BROKE themselves who got bailed out and takes 90% of deposits and leverages them against the people who bailed them out, while trying to nickle and dime depositors with excessive fees to attempt to recover their bad bets.

      Abolish the Federal Reserve – the TOP ZOMBIE BANK, for shelling out trillions to keep their crony zombie big banks afloat during their derivatives leveraging fiasco that is STILL going on.

      Report Post » V-MAN MACE  
    • V-MAN MACE
      Posted on November 5, 2011 at 8:16am

      The zombie banks are already bankrupt, they invest (gamble) with 90% of deposits. This is fractional reserve banking, you may as well put your money in the one-armed bandit, a slot machine.

      They don’t have any reserves. The print money and lend it to the banks to be able to give you money when you withdraw. Put in $10? There’s only a dollar of your money in there, they just leveraged your $9 to lend out 100 dollars or more, on an exponential curve. This is the derivatives market (derived from debt).

      Report Post » V-MAN MACE  
    • Dahart
      Posted on November 5, 2011 at 8:17am

      Funny….most of the bank were I live are not open on Saturdays and the few that are open close at noon or only have drive-thru service until noon. Things that make you go HUMMMMMMMM

      Report Post » Dahart  
    • On The Bayou
      Posted on November 5, 2011 at 8:17am

      JZS I was sent by the folks of the Blaze to ask you if you are Ron Howard`s gay son.

      Report Post » On The Bayou  
    • tifosa
      Posted on November 5, 2011 at 8:25am

      ELIASIM: “Your not too bright. They don’t want the things they are saying. They want to destroy. They are destroyers, and the reflection of all the selfish work you have put into America.”
      ~If you’re going to make a statement like “your not too bright,“ at least spell ”you’re” correctly.
      ~It’s evident that you have no idea what this is about

      Report Post » tifosa  
    • GREENDOG
      Posted on November 5, 2011 at 8:29am

      My wife is a bank teller. I am sure she will not miss these loser.

      Report Post »  
    • ireport uderide
      Posted on November 5, 2011 at 8:48am

      I wonder if any of these Fawkers realize that Credit Union’s are not protected by the FDIC?

      Love your post Monk, let the pillaging begin.

      Report Post » ireport uderide  
    • loriann12
      Posted on November 5, 2011 at 8:51am

      They want to destroy America because they think THIS time socialism will work, despite the fact that historically it has NEVER worked. They think if they destroy the system, there will be peace and unity among all the destroyers until a new system can be put in place. They don’t realize that if you destroy the system we currently have, in order to reboot a new one, there will be chaos in the streets until that new system is installed. Chaos is the perfect opportunity for fascism to come in sheep’s clothing and promise the moon. The protesters will be the first to become cannon fodder.

      Report Post »  
    • insight
      Posted on November 5, 2011 at 9:00am

      @JZS
      Thank you! The first non sheeple/ideologue response.

      Just to add: small banks have no lobbyists or global power so I am all about this.

      Report Post »  
    • loriann12
      Posted on November 5, 2011 at 9:01am

      @gmoneytx

      They would like us to think it’s about indegents with no 2 pennies to rub together, but it‘s really trust fund babies who couldn’t get to their real money if they wanted to…like the commercial: “It’s my money and I want it now!” But I guess they don’t study history. There was a run on the banks once, when was it, 1932? 1929? It crashed the system and we got the great depression. They think it’s bad now? Wait until EVERYONE wants their money out of the banks and the banks don’t have it. You think you’ve seen riots now? do a search on the riots of the 30′s.

      Report Post »  
    • SLAPTHELEFT
      Posted on November 5, 2011 at 9:11am

      Jzs

      What’s your business or product again? Chirp, chirp.

      So these idiots stand out in the cold, with their children in harms way, while the people inside are nice and toasty. Excellent strategy. Create inconvenience for people. This is that highly educated state of mind that Americas universities have created. I didn’t see any of the Hollywood 1% there. Guess they were busy drinking bubbly and throwing million dollar parties.

      You see lefties, you are the fodder for your commie organizers. They sit back and watch the chaos while you get pepper sprayed. They cheer you on and hand you table scraps. I‘ve never received a dime from the koch brothers and I don’t want or need their money. But you, sorostitutesof the highest degree, have no standing to holler shame at anyone. What have you been promised? Cradle and grave security without much in between.the only shame I feel is ashamed of my fellow citizens for their despicable behavior.

      Little eichmanns. Yeah you jzs. With your weak defense of the free market. You fool no one. Still waiting on your business info, mr. Free market.

      Report Post » SLAPTHELEFT  
    • Steve
      Posted on November 5, 2011 at 9:12am

      I’m just wondering. Are any of the high ranking elitist who formed and back this sad excuse for these Anti-Americans will pull all their money out or does the hypocrite train continue to roll. . Such as Soros, Moore, Jackson, Ayers, Hoffa, Sharpton, Lerner, Stern, Trumka, Jones, and all the rest of these progressive, socialists, communists and anarchists.

      Report Post »  
    • Patriot Rider
      Posted on November 5, 2011 at 9:16am

      These people can do all the bank transferring they want. I use a small local bank and the only time they charge me anything is if I over draft. This whole occupy deal is a bunch of BS funded by all the entities that George Soros has his cash in, PERIOD. So fake!!!!

      Report Post »  
    • mils
      Posted on November 5, 2011 at 9:19am

      I suppose if they were rational…these OWS protesters would go after the politicians that are being “bought” off.
      But, we know these protesters only do as they are told to do…no reasoning involved…

      We talk about all this…HOWEVER, nothing is done about the OWS people. The mayors of the cities are wimps and need to be voted out of office

      Report Post »  
    • SLAPTHELEFT
      Posted on November 5, 2011 at 9:24am

      It’s like obamacare-

      You have to collapse the system to see what the new system looks like- gumdrops and lollipops for all, shovels and lead for others. Sounds exciting, yes?

      Report Post » SLAPTHELEFT  
    • Steve
      Posted on November 5, 2011 at 9:28am

      tifosa

      Tea Party Platform never backed 2b2f. The art of a free market capitalistic system which the Tea Party supports allows for the weak to fail allowing better and more creative business to be enhanced. But being a little progressive you dont understand this. You rather spread lies and distorted half truths to enhance your failed and miserable Utopian dream that has never prospered or ever will.

      Report Post »  
    • Unix
      Posted on November 5, 2011 at 9:33am

      Banxodus huh? How rich? How imaginative, and imagine that, based on Biblical principles!? It won’t work, it will not cause a bank run, next idea? Now, if these deluded folks would just wake up to the fact our Dear Leader in the WH has botched the economy totally, and run away from him, that would be great.

      This whole OWS bowel movement is a grease spot on our country, they have no idea they are the useless idiots, they have no coherent banner – yet one will come forth soon I bet…the whole thing comes under the banner of COMMUNISM and ONE WORLD GOVT…the time to prepare is over, the time to act is almost upon us. Stand tall for your God, country and family.

      To all of you who are about to use full violence to start this communust revolution, beware of the patient man, and we are many. Stand down, redress your grievances via the vote, or better yet, participation in our Govt. We welcome the expression of free ideas, but to resort to hooliganism and vandalism, or anarchy, is such a waste of everything, and for what, a proven to be failed ideology?

      God Bless America
      Viva TEA

      Report Post » Unix  
    • GetRight
      Posted on November 5, 2011 at 9:48am

      Exactly Monk! Couldn’t have said it better. Wish there was a “Like” button.

      Report Post » GetRight  
    • Unix
      Posted on November 5, 2011 at 10:00am

      monk and elias – we’re all on the same side, sheesh.

      Report Post » Unix  
    • sickofitall
      Posted on November 5, 2011 at 10:00am

      Just because radical fanatics are doing it for nefarious reasons, doesn‘t mean it’s not something one should consider for good reason. Banks have reversed the relationship with clients and consider they’re doing you a favor instead of the other way around.
      Did an extensive accounting of the practices and fees of 3 banks in which I had accounts. I was shocked and disgusted at what they were actually doing with my money and decided to close 2 of them. One savings account was used just for emergency transfers if I needed it and always kept $100 in it. Went to close account & found they already took my $100 for so-called “inactivity fees” and was going to try and suck more out of me! All I know is the banks have become as corrupt as those in DC and anyone is a fool to believe your earnings are safe in them.
      What good is FDIC insurance from a Govt. that’s 15Trillion in debt and a Fed Res that keeps printing phony money and refuses to show Congress their books?
      The OWS bunch and their EVIL controllers can get bent, but I for one have paid attention to how banks have increasingly been screwing people over with their own money and am trying to be as little a part of it as I can.
      P.S. Gold may NOT be such a good alternative. Govt forced it’s return once and can do it again.

      Report Post » sickofitall  
    • ChiefGeorge
      Posted on November 5, 2011 at 10:14am

      Boycotting is an American way to pull off change…go for it. I keep my money in a credit union.

      Report Post » ChiefGeorge  
    • cloudsofwar
      Posted on November 5, 2011 at 10:21am

      they don’t want to transfer their money, they want to transfer your money to their pockets.

      Report Post »  
    • hidden_lion
      Posted on November 5, 2011 at 10:29am

      it would only be effective if they could convince large account holders to do it (aka the 1%) Not very bright, these people. But, I do agree, big banks suck. They don’t give as good of service as local banks. I have always thought so.

      Report Post » hidden_lion  
    • ishka4me
      Posted on November 5, 2011 at 10:40am

      even if there is an exodus today, next 6 months people will find out how inconenient little banks are and return.

      Report Post »  
    • 1unwashed
      Posted on November 5, 2011 at 10:49am

      @Snowleopard — you are right. It is all about never letting a crisis go to waste or creating one. Wonder how many more executive orders to total dictatorship.

      Report Post »  
    • amagaux
      Posted on November 5, 2011 at 11:02am

      Wow…….you hit the nail on the head. Does dichotomy apply?

      Report Post »  
    • dlivelli
      Posted on November 5, 2011 at 12:04pm

      Right on the money Monk!!! Do these “tycoons of industry” also realize that credit unions have different rules than a “big bad greedy bank”? They actually have a bit more “control” over your ability to use your money….and some have fees higher than even the ones hinted at by the big banks. A credit union can actually stop you from taking money out of your checking account if you have a mortgage with them that is behind…….But I would not guess that many of these freeloaders know what a mortgage even is. All they want is OPM…..other peoples money!………oh yea, and organic chicken….but no homeless people allowed…..amazing….the preachers of “aide” and “assistance” and “community”, won’t even give some food to the homeless! Hypocrisy….maybe. Communism…..absolutely!

      Report Post »  
    • Survivor101
      Posted on November 5, 2011 at 12:05pm

      Non-event….most that can have bank accounts with the smaller banks already do. We have been with the same small bank for years and live in a different state. Most go to the big boy banks because they were to clueless to take advantage of 5% interest back at the end of the month on checking/debit accounts with the smaller that converted to electronic services for everything. These people are idiots.

      Report Post »  
    • jzs
      Posted on November 5, 2011 at 12:18pm

      SLAPTHELEFT, you may think US citizens should be compelled by the government to leave their money in a bank, and pay the bank for the “privilege” of having it there, and pay more for the “privilege” of withdrawing it. But I believe in capitalism and the free market. That means I can desposit my money where I choose. Maybe you should go live in another country, you anti-capitalist!

      Insight, if you don’t think the banks have lobbyists, you’re a little naive. And no, I don’t mean bank lobbies, I think that‘s what’s confusing you.

      Report Post » jzs  
    • Rikoo
      Posted on November 5, 2011 at 12:33pm

      http://www.dailykos.com/story/2011/11/04/1033303/-The-bank-said-Youll-be-back?via=siderec

      Report Post »  
    • Rikoo
      Posted on November 5, 2011 at 12:36pm

      I suppose if they were rational…these OWS protesters would go after the politicians that are being “bought” off.
      _______________
      That’s exactly what they are doing. They are going AFTER THE MONEY with which the politicians are “bought” off. Because this is something effective everyone can do and you might even save some $$$ yourself in the end

      Report Post »  
    • Formula382
      Posted on November 5, 2011 at 1:55pm

      Listen up B of A, you’re about to lose $4 in deposits from OWS crowd. Oh no, what will you do…besides:
      Mezannine Finance
      Commercial Lending
      Retail Credit
      Asset Management
      Underwriting
      Mergers and Aquisitions…

      Ummmm, I think they’ll be ok. Perhaps this is why OWS can only get their “point” across with violence and vandolism.

      Report Post »  
    • dogdr
      Posted on November 5, 2011 at 3:40pm

      What is wrong with all you people? I thought this country was all about capitalism and the free market.
      The “move your money project” is free market capitalism at its best. Spend/store/invest your money with your choice of bank or credit union. Let the free market decide who is better for your money (and this country). I don‘t like B of A so I don’t put my money there. If enough people agree B of A will either have to be more responsive to its customers or go out of business and let the more efficient, honest banks who really work with their communities prosper.

      Once again, I recommend that before you start throwing labels around like socialism or communism, PLEASE understand what those words mean. Putting your money where YOU want and patronizing businesses who do a good job for you and letting the banks compete for your money is capitalism in its purest form.

      Report Post »  
    • FormerLib
      Posted on November 5, 2011 at 4:40pm

      Go ahead, idiots, withdraw your money from the banks…it’s called a ”run”, and guess what happens when there’s a run on the banks? That”s right, geniuses, the economy takes a hit as fewer loans are issued, thousands of bank employees lose their jobs, more banks default and the end result will be another government bailout. My, aren’t you guys smart?

      Report Post »  
    • cosette
      Posted on November 5, 2011 at 4:40pm

      @Eliasim- Sounds like you should put fewer rocks in the crack pipe before you head for the keyboard.

      Report Post »  
    • Partygirl
      Posted on November 5, 2011 at 5:05pm

      The banks take your fees and buy politicians? I think that guy has them confused with the unions!!

      Report Post »  
    • The-Monk
      Posted on November 5, 2011 at 7:39pm

      @LUKRW
      Yes, they are worse than the banks and will make money no matter what happens.
      @JZS
      Yes, I classify you as a poser and expected you to pull a sexual comment out of your bag of tricks and include homosexuality and a lack of performance (2 minutes) as well. If you must know, Monks are celibate so sex can never be an issue or a problem. Look in the mirror when make a sexual innuendo because you are stating what’s on YOUR mind. (Mind with a small m).
      @GMONEYTX
      It’s not school yard bickering. I just do not tolerate miss quoting of scriptures. And what does. “You two must have ADD or something” mean?
      @V-MAN Mace
      Couldn’t agree more.
      @GETRIGHT
      Thanks…
      @UNIX
      Liked your first post but, the 2nd…. On one level yes, we are all the same but, at this level Eliasim in an idiot that needed a smack-down and it was fun.
      @DLIVELLI
      Good points!
      @COSETTE
      Good advice for Eliasim! Another PEBKAC. (Problem Exist Between Keyboard And Chair)

      Report Post » The-Monk  
    • mab123
      Posted on November 5, 2011 at 9:28pm

      Let’s see….$5.OO x (how many of them?) think the banks are safe!

      Report Post »  
    • jzs
      Posted on November 5, 2011 at 10:09pm

      Monk, are you really a monk? What does it mean to be a monk? I didn’t know monks posted on the internet. Do you live with other monks or are you a solo monk? I guess giving up the worldly pleasure of posting on the internet isn’t among your beliefs. Does responding to others on the internet help you achieve your spiritual goals?

      Report Post » jzs  
    • libsdolie
      Posted on November 5, 2011 at 10:43pm

      it is fine carry your hard earned savings to the Occupy sites get robbed and mugged than think that i will refund you for your losses. For Sure your make your choices you live with them

      Report Post »  
    • nightingayle
      Posted on November 6, 2011 at 12:48am

      I hear most of the younger ones family are pretty rich…they just want to party and feel they are doing something great…Useless fools…. they just go along with the hardcore marxists, communists, natzies, etc…they think they are cool. One day maybe they will realize how what they are doing now will hurt their parents and family…
      I don‘t understand why they have a right to infringe on others people’s rights..they should be arrested and put in with the hardcore in prison and see how cool they are then.

      Report Post » nightingayle  
    • The-Monk
      Posted on November 6, 2011 at 1:55am

      @jzs

      Monk, are you really a monk? Yes.
      What does it mean to be a monk? Nothing.
      I didn’t know monks posted on the internet. There‘s a lot you don’t know.
      Do you live with other monks or are you a solo monk? Neither.
      I guess giving up the worldly pleasure of posting on the internet isn’t among your beliefs. Monks don’t beleive in belief.
      Does responding to others on the internet help you achieve your spiritual goals? Those who have goals have a sense of lack. Having a sense of lack you expand your Universe from that point of view and end up where you started… lacking. What something is.. is what it extends.

      Any other question JeZuS?

      Report Post » The-Monk  
    • The-Monk
      Posted on November 6, 2011 at 2:13am

      @JZS
      Sorry. Any other _“questions”_ JeZuS? (Forgot to make it plural since every _“question”_ from an idiot is singular).

      Report Post » The-Monk  
    • INOGAWD
      Posted on November 6, 2011 at 11:08am

      I can’t imagine any of these IDIOTS being responsible enough to
      handle a Bank Account…This is all ********,Stop it NOW !!!!

      Report Post » INOGAWD  
    • MIBUGNU2
      Posted on November 6, 2011 at 11:15am

      Go Away, You bother Me !!!

      Report Post » MIBUGNU2  
    • mr.goodvibe
      Posted on November 6, 2011 at 11:31am

      Oh no the banks are going to lose like $15,000!

      Report Post » mr.goodvibe  
    • lodgerat
      Posted on November 6, 2011 at 12:41pm

      The only money they have is what Mommie gives them. I can’t wait for one of these sad buddies to get up in my face. We’ll see how much of my Marine Corps training I remember. I think I remember quite a bit…lol

      Report Post » lodgerat  
  • abbygirl1994
    Posted on November 4, 2011 at 11:11pm

    They have no clue that if they collapse the system their lives will be worse than they are now.. for them, for their parents..for the world, they have absolutely no idea what it will be like. God help us!

    Report Post » abbygirl1994  
    • Dougral Supports Israel
      Posted on November 4, 2011 at 11:18pm

      There would be no money coming from the rich for them either. The OWS people fail to realize that a lot of wealth is only worth something because of the size of our economy. If it collapses, assets such as stocks and real estate would drop precipitously in value erasing trillions in wealth. They might end up with their loans forgiven but it would be small consolation when they are wondering where their food will come from.

      Report Post »  
    • trueblueday
      Posted on November 4, 2011 at 11:46pm

      Evil banks? So a teller, secretary, or janitor working for a bank makes them the top 1%? Where is the logic?

      Report Post »  
    • venture291
      Posted on November 5, 2011 at 1:44am

      15 years or so ago Bank of America was called Bank … can’t remember and not much info out there on this. It happened arround 1992 or so. But what I do remember the old BoA was caught money laundering for a few countries in the middle east. I got a big chuckle when they renamed it Bank of America. Yea right. Invest locally this institution is using us and relying on our ignorance the donating to soros and the dem’s.
      Been with a another big bank but also a Credit Union many years they are very personable and treat you like a person.

      Report Post »  
    • 100 Million Patriots Standing
      Posted on November 5, 2011 at 6:03am

      Three things to consider;

      - If the credit union gets all the money wouldn’t that make them the BIG bank, back to square one.

      - “According to….CNN: “Move Your Money Day” a similar initiative] and “Bank Transfer Day” are backed by consumer groups like MoveOn.org and the Progressive Change Campaign Committee ”

      (MoveOn.org and the Progressive Change Campaign Committee) they are consumer groups now?

      - The following is a statement that can just as accurately be said about Unions

      “They take your deposits and use them to buy politicians….. Then they turn around and charge you fees to make them even richer,“ said one ”Move Your Money” flyer posted on a Facebook page dedicated to the initiative”….“

      Report Post » 100 Million Patriots Standing  
    • UrbanCombatSurvivor
      Posted on November 5, 2011 at 6:04am

      Abby…
      They don’t want the system to be better. Have you been paying attention?

      They want the system destroyed so that it can be replaced with communism. They are “useful idiots” in the overall scheme. Have you seen the caliber of minds at these things? Children following manipulators towards an end they aren’t intelligent enough to critically analyze on any real level.

      This is a Globalist Communism movement, and anyone who isn’t seeing that is in for a lot of trouble.

      Winter is coming…

      Report Post »  
    • SLAPTHELEFT
      Posted on November 5, 2011 at 9:15am

      1mil patriots. Thanks.

      When I see posts like yours, it reminds me why I come to this site. The fine people of the blaze enlighten me so much. Thanks to all.

      Except jzs.

      Report Post » SLAPTHELEFT  
    • vtxphantom
      Posted on November 5, 2011 at 3:02pm

      These people are the failures, 99% of the time, Every society has them you just never see them. Obama is a prime example of a 99% failure, He can do nothing without the rif raft that support him and it is a monority of people.

      Report Post »  
    • The-Monk
      Posted on November 5, 2011 at 7:44pm

      @100 Million Patriots Standing
      You got that right…..

      Report Post » The-Monk  
  • Pancy Nelosi
    Posted on November 4, 2011 at 11:08pm

    These OWS dopes don’t have enough money combined to make any difference.

    Report Post » Pancy Nelosi  
    • Stiggs
      Posted on November 4, 2011 at 11:14pm

      You got that right.

      Report Post »  
    • Eliasim
      Posted on November 4, 2011 at 11:17pm

      I wouldn’t be so sure of that. It depends on how influential they are in their families and something tells me some of them reflect the feeling of their parents. Many of them come from wealthy families.

      Report Post »  
    • The-Monk
      Posted on November 4, 2011 at 11:22pm

      <<>>
      On Nov 6th, all these losers will be flush with cash. Open season…. have at it before they get to a credit union! After all, they have their own law enforcement now and handle crime internally.

      Report Post » The-Monk  
    • swoods08
      Posted on November 5, 2011 at 12:22am

      Hah Ive been thinking that same thing this entire time. I mean just LOOK at the pictures of these disheveled people. “Gimme gimme gimme,” They have nothing left to lose! Might as well try to make everyone as broke and miserable as they are.

      Report Post »  
    • tifosa
      Posted on November 5, 2011 at 8:15am

      Then why all the bangst expressed here?

      Report Post » tifosa  
    • SLAPTHELEFT
      Posted on November 5, 2011 at 9:20am

      Tifosa

      I’ll answer that. Because we are preparing. We will be ready. It appears as though we are backing down, but we are backing up. These fools, to include you, were never taught a thing. Let’s see- black panthers with their kill white babies are now standing with filthy white people? Really? We don’t fall for that, you do. We don’t want anyones money, we make our own.. You want the fruits of others, that parasitic.

      You and your skinny jeans hobo parade are a joke.

      Report Post » SLAPTHELEFT  
    • Meyvn
      Posted on November 5, 2011 at 10:12am

      @SLAPTHELEFT: Yeah, backing up and en-circling simultaneously.

      Report Post » Meyvn  
  • spfoam1
    Posted on November 4, 2011 at 11:08pm

    If I ever see someone with one of those masks on my street they will wish they took a different route. We all dislike different things…..they dislike capitalism, and I dislike traitors and commies.

    Report Post »  
    • UrbanCombatSurvivor
      Posted on November 5, 2011 at 6:06am

      If you are reduced to violent confrontation your ideas and values are either corrupted, or absent, IMO.

      I will, if and when necessary, defend myself, my family, my home, my community. But to blatantly attack someone for simply disagreeing is as collectivist and mindless as these geniuses at the occupy games.

      Don’t hasten the coming of the storm, my friend. It‘s coming without us helping to speed it’s arrival. Be smart, batten down, prepare for it, and make sure those you care about are doing the same.

      Winter is coming…

      Report Post »  
    • Rikoo
      Posted on November 5, 2011 at 9:56am

      You realize moving you money = capitalism …

      Report Post »  
  • LastAmerican
    Posted on November 4, 2011 at 11:07pm

    Take your frickin money and move the ef out of our country. Commies

    Report Post »  
    • ilovetheusa1
      Posted on November 4, 2011 at 11:10pm

      bingo !! well said.

      Report Post »  
    • lapua338shooter
      Posted on November 5, 2011 at 4:40am

      Anyone else remember when communism or being called a commie was a really, really bad thing? Back in the “good ‘ol days” if a person or persons were found to be linked to any communist organization, you were done. Game over. Treasonous loser.
      My, how things have changed & not especially for the better.
      I think I’ll go take a few thousand out of my business account & open up a new account at BofA. As a gesture of protest toward the protest.

      Report Post »  
    • tifosa
      Posted on November 5, 2011 at 8:11am

      Hey LAPUA, maybe you could go all-out and buy some BoA stock. The shares are VERY affordable these days ;^)

      Report Post » tifosa  
    • Unix
      Posted on November 5, 2011 at 9:18am

      Tif – and that would mean a buying opportunity for BofA stock, goofball…I’ll put money on the Banks, the OWS not so much, LOL.

      Report Post » Unix  
    • tifosa
      Posted on November 5, 2011 at 12:27pm

      Yes, so I said. Have at it, BUY UP :^)

      Report Post » tifosa  
  • Dougral Supports Israel
    Posted on November 4, 2011 at 11:00pm

    I don’t think this will amount to a hill of beans. Here’s some math, if a million people moved $10K each out of BAC the total is $10 billion. This is pocket change to the big banks and if they needed some temporary cash it’s likely that the Fed would loan it to them. I’m sure the Fed has other avenues to ensure the solvency of the big banks.

    Banking at a credit union is a good alternative though. I’ve had my money in one for years. I like their customer service and don’t get socked with a whole lot of fees.

    Report Post »  
  • Eliasim
    Posted on November 4, 2011 at 11:00pm

    This Occupying Movement is getting treacherous, alright alright wah, wah, wahhhh……..I give up, tax me at 90 percent.

    Report Post »  
    • UrbanCombatSurvivor
      Posted on November 5, 2011 at 6:10am

      This communist movement is certainly going to get treacherous. Sadly, the fools aren’t capable of independent thinking, or aren’t applying it. Whenever communism has taken hold of a system, it destroy those useless eaters who cannot support the machine of communism.

      In other words, the idiots who weren’t productive enough to be doing anything other than push for communism. It’s happened every time, like mice running towards a hungry cat because they think it’ll be their new best friend.

      Report Post »  
  • sawbuck
    Posted on November 4, 2011 at 11:00pm

    I think the older generationtion,should have dump your dumb a$$ kid day.
    Give your kids a call, and tell them your going to update your “will” and I need to see your bank statement .
    anyone of the kids that closed their account on these dates.Their out of the will.
    Give them a call tonight,wake their a$$ up. leave a voice mail ,call them early in the morning.
    Tell your freinds,
    Who the hell am I kidding.The PARENTS of these idiot kids,are protesting too.
    Well it sounded like a good idea.

    Report Post » sawbuck  
    • steveh931
      Posted on November 5, 2011 at 12:06am

      l.o.l.

      Report Post » steveh931  
    • Arr-dey
      Posted on November 6, 2011 at 10:09am

      Don’t you believe in the free market? Don‘t you believe in the people’s right to vote with their dollars?

      Why can the OWS protesters not manage their money as they see fit?

      Report Post »  
  • ilovetheusa1
    Posted on November 4, 2011 at 10:57pm

    if these are really the 99%, then all of the deposits added together probably won’t make a dent in the banks.

    Report Post »  
  • CulperGang
    Posted on November 4, 2011 at 10:57pm

    they are collapsing us……..time we collapsed them. if we go down……..lets drag them with us.

    Report Post » CulperGang  
    • Eliasim
      Posted on November 4, 2011 at 11:02pm

      It’s time to drink your water, punk.

      Report Post »  
    • Eliasim
      Posted on November 4, 2011 at 11:06pm

      Ah, you won’t do that, because while they aren’t just, they are hot and you’re not.

      Report Post »  
  • superman
    Posted on November 4, 2011 at 10:52pm

    Jury is out on this one. I’m not into bailout banks. Nor do I believe in the manipulator JP Morgan Chase. Investing in local banks is where I believe our money should be anyway. I will have to think about this one for a couple of days before I pass judgement.

    Report Post » superman  
    • dr_funk
      Posted on November 4, 2011 at 11:01pm

      Collapsing the banking system is one of the goals of the far left. They need to collapse this economy from its foundation in order to make room for the new marxist regime.

      Report Post »  
    • superman
      Posted on November 4, 2011 at 11:22pm

      The majority of the Left will never survive the transition period between collapse and whatever they dream is coming after. I however, and many of us on this site, will. But I also must tell you that I believe certain products of the right are designed to enslave as well. I really trust no one accept for maybe the Tea Party.

      Report Post » superman  
    • Amica
      Posted on November 4, 2011 at 11:30pm

      What will happen to the smaller local banks if/when the big national ones collapse?
      My money (such as it is!) is in a local bank, and it’s much better in every way than my experience at Chase.

      Report Post » Amica  
    • Thatsitivehadenough
      Posted on November 5, 2011 at 12:05am

      If they are hurt, ALL banks will suffer. Mutually assured destruction. Remember?

      Report Post » Thatsitivehadenough  
    • LisaC49
      Posted on November 5, 2011 at 2:28am

      That is true, Superman. We, the tea party are the only ones prepared for anything disastrous that comes along; whether it is economic, food supply, land ownership, education, etc. We have it down on paper, whereas the left doesn’t even know what they stand for — or against. Everything they state is hypocritical.

      “If you stand for nothing, you will fall for anything.” ~ Alexander Hamilton

      Report Post »  
    • Steve
      Posted on November 5, 2011 at 9:39am

      Do you really think these punks have the juice to do anything to our banking system.They have no freakin money and what money they do have is either tied into trust funds or money they get from their mommies and daddies. Other then that they get their money from the goverment. It’s like a dragon fly hitting an 18 wheelers windshield at 60mph.Nov 5th will come and go. The only change will be that my wife is one year older.

      Report Post »  
  • steveh931
    Posted on November 4, 2011 at 10:50pm

    My bank is FDIC Insured, is yours?

    Report Post » steveh931  
    • lukerw
      Posted on November 4, 2011 at 10:57pm

      FDIC… is Government Insurance… and the Government is Bankrupt! If it goes down, we will be playing with Monopoly Money!

      Report Post » lukerw  
    • Rikoo
      Posted on November 4, 2011 at 11:15pm

      The National Credit Union Share Insurance Fund (NCUSIF) is the federal fund created by Congress in 1970 to insure member’s deposits in federally insured credit unions. On July 22, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law and included permanently establishing NCUA’s standard maximum share insurance amount at $250,000. All deposit insurance resources reflect this higher level of coverage.

      Administered by the National Credit Union Administration, the NCUSIF is backed by the full faith and credit of the U.S. Government.

      Report Post »  
    • lukerw
      Posted on November 4, 2011 at 11:26pm

      @RIKOO
      Did I miss something? Tax Payers will pay for Bank Defaults… as a kind of Redistribution of Wealth? And, “Full Faith and Credit” of a Bankrupt Country equals What? So, I am suppose to feel Safe… because Barny Frank, Mr. Economic Disaster, is involved?

      Report Post » lukerw  
    • KidCharlemagne
      Posted on November 4, 2011 at 11:26pm

      Rikoo
      Posted on November 4, 2011 at 11:15pm
      the NCUSIF is backed by the full faith and credit of the U.S. Government.
      ==========================================================

      …..which is worth how much, exactly?:

      http://usdebtclock.org/

      Report Post »  
    • steveh931
      Posted on November 4, 2011 at 11:57pm

      @LUKERW,

      Couldn’t agree with you more. They don’t realize that if a bank closes they only hurt themselves and their neighbors. Why? The assets and debt owned by the bank that gets closed are divided by a bank in good standing and the Federal Government 50/50. The Federal Reserve eventually ends up with 50% of the debt which they sell as bonds allowing the Treasury to print more money devaluing the dollar and raising inflation in the long run.

      Report Post » steveh931  
    • The-Monk
      Posted on November 5, 2011 at 12:46am

      @Rikoo
      I thought I read the $250K was only good for 1 year and that 1 year is up. Did you read the fine print?

      Report Post » The-Monk  
    • Rikoo
      Posted on November 5, 2011 at 10:05am

      @LURKERW: It is just for saving accounts and not for the investments etc. YOUR Savings are backed by YOUR tax money. And I have no idea how that has anything to do with redistribution of wealth …

      @KIDCHARLEMAGNE It’s worth exactly as much as a FDIC Insured account in a Bank.

      @THE-MONK Then you read wrong. It‘s exactly the same as the FDIC and it’S their to prevent Bank Runs. (Which Bank Transfer Day isn‘t because they just MOVE their money and don’t take it home and store it in their mattress.)

      Report Post »  
    • KidCharlemagne
      Posted on November 5, 2011 at 3:56pm

      Rikoo
      Posted on November 5, 2011 at 10:05am
      It‘s exactly the same as the FDIC and it’S their to prevent Bank Runs.
      =====================================================

      Then how come it didn’t prevent the bank run that started the day of September 15, 2008?:

      “Electronic Run On Banks – $550 Billion Withdrawn In 1 Hour, Federal Reserve Halts Withdrawals – US Economy Would Have Collapsed Capitalism

      Rep. Paul Kanjorski of Pennsylvania explains what former Treasury Secretary Paulson and Fed Chairman Bernanke told congress during the September 2008 closed door session. During the first third of the video an enraged caller is ranting to Rep. Kanjorski about how wasteful the first $700 billion bailout was. The best part is 2 minutes and 15 seconds into the tape where Rep. Kanjorski reveals what Paulson and Bernanke told congress that shocked them into supporting the first $700 billion bailout.

      On Thursday Sept 15, 2008 at roughly 11 AM The Federal Reserve noticed a tremendous draw down of money market accounts in the USA to the tune of $550 Billion dollars in a matter of an hour or two. Money was being removed electronically.”
      http://www.freerepublic.com/focus/f-news/2183367/posts

      Report Post »  
  • Stoic one
    Posted on November 4, 2011 at 10:48pm

    I wonder how much those bailouts are worth now?

    Report Post » Stoic one  
  • surf0766
    Posted on November 4, 2011 at 10:46pm

    I hope they buy plane tickets to another country with the money. And stay there.

    Report Post »  
  • lukerw
    Posted on November 4, 2011 at 10:43pm

    Liberals… Unions… Teachers… etc… have lots of money… and use some of it to support the Entire Democrat Party… so you know that this has the potential to hurt the Banking System. What the Radicals want is that Destruction… for Communism is about Control of Economics… where the Banking System is replaced by a Government Financial System.
    Like Lemmings they are going to destroy themselves… but they want to take us all down with them!

    Report Post » lukerw  
    • JUNEBUG8
      Posted on November 5, 2011 at 1:28am

      BTW , A lot of teachers are conservatives. I dumped my teacher union long ago. I wouldn’t say I have a lot of money, but I’m doing ok for now.

      Report Post » JUNEBUG8  
  • sposilovich
    Posted on November 4, 2011 at 10:42pm

    I went to BoA the other week (before the $5 debit fee was cancelled) and I wanted to move my $$ over to Wells Fargo, for the sole purpose of a better interest rate with their CDs…nothing more. When I told them that I wanted to close my account, I was brought in to talk to a personal banker who tried to talk me into keeping my money with BoA.

    After awhile, the $5 debit fee issue came up, and I told them that while it’s not ideal, it was NOT the reason I wanted to leave BoA. Her honest suggestion for me to avoid the $5 fee if I stayed with BoA was to simply open up a second credit card with them and never use my debit card again. Nothing to the effect of, we‘ll make sure your accounts don’t qualify for the fee…no simple solutions, other than “open up a credit card and use that instead.”

    Finally, I went to redeem some credit card miles for an airline ticket. I’ve built up over 10,000 points over the last few years. While I know that 10k points wouldn’t get me a free ticket, I knew it would take some $$ off the ticket price. Oooops, sorry! You can’t redeem points for airline travel until you have 16k points.

    What bull. I’m no longer with BoA…moved my modest amount of $$ over to Chase. They gave me $125 for opening up an account. No questions asked!

    Gingrich/Cain 2012!!!!

    Report Post »  
  • vennoye
    Posted on November 4, 2011 at 10:41pm

    Have been with a Credit Union for years………wonder why these people are still in big banks to begin with.

    Report Post » vennoye  
    • Dalady
      Posted on November 4, 2011 at 11:54pm

      The Giant Monster Mega-Banks that grew even bigger after the bailouts and Dudd/Funk? I get crap from Chase all the time… they want me baaad!

      Report Post »  
  • ares338
    Posted on November 4, 2011 at 10:41pm

    When ignorance gets started it knows no bounds. This country will survive because there are more patriots than there are traitors.

    Report Post » ares338  
  • Domandred
    Posted on November 4, 2011 at 10:39pm

    November 5th huh….that’s a Saturday, most banks are closed. Thing is gonna fail before it even starts.

    Report Post » Domandred  
    • YepImaConservative
      Posted on November 4, 2011 at 11:04pm

      Lol, was thinking the same thing… or they only have until noon. Hope they don’t sleep in those poop tents too late after drugging and drinking all night.

      Report Post » YepImaConservative  
    • CatB
      Posted on November 4, 2011 at 11:07pm

      That was my thought also .. I know most of my local banks are closed .. they should have picked next Friday .. Veterans Day 11-11-11 .. they are closed then also! That btw is my son’s birthday and he was a bi-centenial baby born in 1976.

      TEA!

      Report Post »  
    • CatB
      Posted on November 4, 2011 at 11:11pm

      I thought they couldn’t find a job and are broke .. ??? Can’t amount to much unless mommy and daddy go along .. I wouldn’t!

      TEA!

      Report Post »  
  • RabidPatriot
    Posted on November 4, 2011 at 10:36pm

    I thought these people were the poor and down trodden. I’m sure the banks can live without their $8.32.

    Report Post » RabidPatriot  
    • LastAmerican
      Posted on November 4, 2011 at 11:03pm

      Exactly, I thought they were poor.

      Report Post »  
    • PATRIOTGRUNT
      Posted on November 4, 2011 at 11:22pm

      @ RABIBPATRIOT : Agree the evil big banks make 90 % of their money from the evil big corporations , investments , mortgages . These morons have no clue . The big ripoff charge of $ 5.00 wouldn’t even begin to cover their cost . What these morons don’t get is the good mom and pop stores along with evil Wall Mart raise prices by 4 to 6 % on every iteam in the store to cover the charge for credit / debit transactions that the evil banks impose on them. I wonder if these loons will now demand that the good mom and pop will drop their prices since their fees have been reduced. Try to find a credit union. I live near Charlotte NC and there are around 15 Credit unions with in 50 mile area. Its like finding toilet paper in the woods. I have nothing against Credit Unions . Try getting a mortgage from one. Why aren’t these morons taking their mortgages to the Credit Union along with their checking / savings /. Oh I know, either they can’t afford the cost of re-fy or they can’t qualify because they are under water and the Good Credit Union will not re-fi them just like the evil big banks.

      Report Post » PATRIOTGRUNT  
    • ADNIL
      Posted on November 5, 2011 at 7:53am

      I don’t know how it is now, I’m too far removed, but during the 60s and early 70s there were a lot of poor young people trying to survive and also protesting the war and establishment. What we found was that a lot of these “poor” young people always had eveything they needed/wanted even though they wore the ragged costurmes of the period. They always had nice vehicles and toys, expensive musical instruments and electronics, the best dope, all the alchohol they wanted, tons of hangers on an groupies, and never seemed to sweat the rent, even though there was no visible means of support. These people, come to find out through often drunken conversation, were the progeny of successful wealthy parents, sometimes very old money. They were “slumming”. We used to call them trustafarians. I wonder how many in OWS fall into this category.

      Report Post »  
  • Cold War Vet
    Posted on November 4, 2011 at 10:36pm

    I’m glad that the Bank of America got burned for their out-of-control greed fees. As for the protesters planned “run on the banks,” from what I can gather, most of them are losers who never worked a day in their lives. It’s doubtful they are much of a force to be dealt with.

    Report Post » Cold War Vet  
    • CulperGang
      Posted on November 4, 2011 at 11:06pm

      cold war vet…no most of them are not losers…….they are average “middle class” america…….from left and right getting squeezed…….you should stop believing the hype that they buy into the Dem bullcrap or the union crap, they have woken up and are moving into independent territory(the big secret msm…….wants to keep secret.)
      The bankers behind the federal reserve/imf ……….are pillaging your wealth and they wealth of the nation. no these people get it and they are banding together and fighting back.

      Report Post » CulperGang  
    • superman
      Posted on November 4, 2011 at 11:38pm

      I don’t believe the people (flea baggers) of the OWS crowd really know much about anything that they are doing. I do believe that they really are “useful idiots”. But this run on the bailouts may be useful. And due to this story, I also am starting to believe those same useful idiots could be manipulated to serve just about any cause, for just about any party .

      Report Post » superman  
  • groundzero
    Posted on November 4, 2011 at 10:36pm

    Why isn’t facebook taking down their site????

    Report Post » groundzero  
  • broker0101
    Posted on November 4, 2011 at 10:35pm

    There is a Tried-and-True adage in the financial service industry. It’s known as the 80-20 Rule.
    It states that about 80% of your profit is derived from about 20% of your (best, richest) clients. Conversely, it states that about 80% of your nuisance, time-wasting trouble is provided by about 20% of your (worst, poorest) clients. If the above story’s prediction comes to pass, the banks in questions will almost certainly be better off for it.

    Report Post » broker0101  
  • cassandra
    Posted on November 4, 2011 at 10:35pm

    these people need to be arrested!!!!!!!!!!

    Report Post »  
  • LoisLane1951
    Posted on November 4, 2011 at 10:29pm

    This isn’t going to be any big deal. Just a little tiny fart really.
    These people need to get a life.

    Report Post » LoisLane1951  
    • OhioRifleman
      Posted on November 4, 2011 at 10:36pm

      Pretty much, yeah. 73K people closing all their accounts in B of A would not short their system. I’m not worried.

      Report Post » OhioRifleman  
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