OCCUPY WALL STREET

[atomiczombie]

Originally Posted by Greyson

I had to chuckle on this one. I loathe PATELCO Credit Union and I stopped using Bank of America about 25 years ago. When I moved to the Bay Area in 1991 I quickly joined a credit union that is now defunct. The credit union went under about three years ago and Patelco was delegated the credit union to take over the old credit union's accounts.

IMO, Patelco was nickle and diming me to death for every little service. My accounts with them were in no way near the minimums. They tried to get me to sign up for their Visa credit/debit card, I would not. The interest was too high. Very similar to what the banks were offering at that time. Needless to say, I switched credit unions after about 9 months of Patelco Hell.

I have very mixed feelings on the OWS movement. I do see a need for it and I also believe OWS is being co-opted by factions that have no real concern and comittment for the non-violent, law abiding, working and not able to find work democracy minded types.

One more banking story. I recently requested a refund from the labor union I am forced to pay dues too. I have no choice. The union calls this forced dues, "fees." In general, I support labor unions but through my involvment in the past with labor unions as an organizer and representative, I learned just how wasteful unions could also be with the money of the workers. I pay about $72 dollars a month to the union. I have been receiving their news, propoganda about the OWS movement and Pension Reform. I did not agree with much of it because I see the union information as yet another grab for more dollars to support their relevance or perceived relevance.

I did get refunded for some of my "fees" because the union's hand was forced by legal decisions made by the courts. I found it quite hypocritical to see that this union's check was from Wells Fargo. After receiving from the union information about how to support pulling our money from banks, the union itself is using Wells Fargo as their bank.

IMO, Wall Street is not the only culprit in this entire mess. We have the US Congress, Labor Unions, Laws being passed with no funding to enforce the laws, the electorial college, and Greed in general.

If I have any trouble with Patelco, I will keep everyone here updated about it.

As for labor unions and mismanagement, yes there is definitely a history of some unions getting corrupted and working against the interests of their members. Not all labor unions are perfect. That is something that needs to be addressed too, because even a union go back on it's democratic principles and values of worker's rights. But not all unions are like this, and in general having strong unions does benefit all workers, union or not.