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Old 11-06-2011, 01:32 PM   #1
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not directly ows... but i think related and inspiring
[nomedia="http://www.youtube.com/watch?v=W_JF-PCEoHI&feature=player_embedded"]Oakland State of Mind - YouTube[/nomedia]
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Old 11-06-2011, 02:38 PM   #2
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Today I heard about arrests in Orlando and in Hawaii. Glad to know people are getting out in these two areas and occupying.
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Old 11-06-2011, 04:51 PM   #3
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A little OWS humor courtesy of Stephen Colbert.

http://occupywallst.org/article/ketc...bert-optation/
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Old 11-06-2011, 05:15 PM   #4
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Default Man, these guys are jack asses

I can't believe that NOW is the time that Wells Fargo is announcing their new bank for the "super rich". You only need to have 50 million to invest. Coming to a location near you (the first one open in Chicago in April)

http://www.huffingtonpost.com/2011/1..._lnk3%7C110362
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Old 11-06-2011, 10:49 PM   #5
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What? You don't have at leat $50M to invest?

:-)))

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I can't believe that NOW is the time that Wells Fargo is announcing their new bank for the "super rich". You only need to have 50 million to invest. Coming to a location near you (the first one open in Chicago in April)

http://www.huffingtonpost.com/2011/1..._lnk3%7C110362
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Old 11-07-2011, 08:44 AM   #6
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Quote:
Originally Posted by DapperButch View Post
I can't believe that NOW is the time that Wells Fargo is announcing their new bank for the "super rich". You only need to have 50 million to invest. Coming to a location near you (the first one open in Chicago in April)

http://www.huffingtonpost.com/2011/1..._lnk3%7C110362

did you read the comments under this article? this one made me laugh....

"They are naming this after some carriage maker that catered to silly aristocrat­ic wannabees. A bank that serves only poor folks should be created and the name should be 1917 Revolution­ary Pride or Bastille Guillotine First National."

hahahahhahaa @ Bastille Guillotine First National
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Old 11-07-2011, 12:51 PM   #7
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Something that has been on my mind about Bank Transfer Day is that there are so many people in the US that have had their credit completely ruined by the recession that they can't even get a bank account of any kind in either a bank or a credit union. And if they have been able to hang on to a checking account in a bank, they don't dare lose it. They will endure all the fees just to keep an account so they can pay bills from it, etc. and use a debit card to purchase goods.

Talk about entrapment! And the alternative to these people is pre-paid credit cards with large use fees or if they have an emergency, pay-day loans with over 400% in interest!!

Tell me, how the hell are these people going to get their credit back? What the hell are they going to do? this group is growing in leaps and bounds in the US. People that have been laid off and at the end of their UE benefits and any extensions are one month away fromfalling down this black hole.
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Old 11-07-2011, 01:19 PM   #8
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Default Unemployment

I did some reading on this, as I wrote letters to my Republican senators for
voting No on the American Jobs Act. That would have brought 18,000 highway jobs alone here. We have horrible roads (they are just crumbling and always under construction) and the bridge situation is even worse. I guess it's going to take a major bridge to collapse with traffic on it before something gets done. Pittsburgh has 944 highway bridges. This amount does not include the train bridges. They are in just as bad of shape. (Obama and Biden were both here last month)

So anyhow, back to unemplyment. At the end of Decemeber, 5 million Americans will have exhausted tier four of UC. Thats 50 weeks of Unemployment compensation. The average check being $300. Can you imagine what the economy will look like when 5 million people stop spending a measly $300. Also, don't forget Obam's promise to have all of the Soldiers out of Iraq. Where are all of the jobs? There will be less, when that spending comes to a stop.

Extending UC has been seperated from the Jobs act, and has been given to the special committee to find a way to pay for an extension. MUM is the word.
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Old 11-07-2011, 01:27 PM   #9
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Quote:
Originally Posted by AtLast View Post
Something that has been on my mind about Bank Transfer Day is that there are so many people in the US that have had their credit completely ruined by the recession that they can't even get a bank account of any kind in either a bank or a credit union. And if they have been able to hang on to a checking account in a bank, they don't dare lose it. They will endure all the fees just to keep an account so they can pay bills from it, etc. and use a debit card to purchase goods.

Talk about entrapment! And the alternative to these people is pre-paid credit cards with large use fees or if they have an emergency, pay-day loans with over 400% in interest!!

Tell me, how the hell are these people going to get their credit back? What the hell are they going to do? this group is growing in leaps and bounds in the US. People that have been laid off and at the end of their UE benefits and any extensions are one month away fromfalling down this black hole.
I don't really know about that. When I opened my new Patelco credit union checking account, they didn't ask me to verify income or do a credit check at all. All I had to do was give them 20 bucks, and that went directly into my new account. They said I have to have a savings account too, however, they opened it for me and THEY put in $1.00 themselves (I still have my $20 in my checking). There is no minimum balance I have to keep in either account. I am allowed to have 6 overdrafts a month before they ding me with a fee for it!! Can you imagine Bank of America doing that???
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Old 11-07-2011, 02:30 PM   #10
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Quote:
Originally Posted by AtLast View Post
Something that has been on my mind about Bank Transfer Day is that there are so many people in the US that have had their credit completely ruined by the recession that they can't even get a bank account of any kind in either a bank or a credit union. And if they have been able to hang on to a checking account in a bank, they don't dare lose it. They will endure all the fees just to keep an account so they can pay bills from it, etc. and use a debit card to purchase goods.

Talk about entrapment! And the alternative to these people is pre-paid credit cards with large use fees or if they have an emergency, pay-day loans with over 400% in interest!!

Tell me, how the hell are these people going to get their credit back? What the hell are they going to do? this group is growing in leaps and bounds in the US. People that have been laid off and at the end of their UE benefits and any extensions are one month away fromfalling down this black hole.


i was able to open a credit union account with a 5 dollar deposit into a savings acount and a 20 dollar deposit into the checking account. both accounts are free in the sense that i don't get dinged monthly for having the accounts and my checking account has no minimum balance. i can use my debit card from them, which they gave me on the spot instead of having to wait for it to be mailed, again, with no fees for usage. also, i don't get dinged for having automatic utility payments come right out of my checking account. i didn't have to be a teacher or in any type of special field to open it and they even gave me a free beverage cooler for opening the account. yay!!! there was no credit check or anything like that either.

also, as far as credit cards go, the green dot cards are pretty nifty. but i have a debit card so i have no need for them anyway. plus, i don't use credit anymore and haven't for quite some time, back around the time *I* felt that the credit card companies were getting way out of hand and that was long before there was a mass movement that put a spotlight on their horrible business practices.

additionally, the FICA system is designed to work against you. ever wonder why it takes absolute years to build your credit and just a month to destroy it? that's not an accident. the FICA system is designed to rate you on how much interest businesses (banks, lenders, corps, etc) can charge you. it's in their best interest to make your score as bad as possible to extract higher interest from you for as long as they can. homie don't play that. so i choose not to participate in that bullshit. is it hard? yes. but if i can't buy it outright, i just don't buy it. i don't see the sense in buying something that costs a dollar and spending 2 dollars just so i can have it sooner and thus lining the pockets of a bunch of faceless paper pushers with my hard won dough. i got into this argument with a prof of mine who debated that the interest you pay is offset by tax refunds and when i broke down the interest you pay on an average credit card and/or a car payment, the amount of money you ended up spending on interest could almost fund your retirement when added up over the lifetime of the loan. i mean, it's not hard to add up the bucks so you can see for yourself. and the worse your FICA score is, the more interest you pay. FICA is total bullshit and needs to be shit canned. worse system evar.
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