Comments on: I want to take my boy fishing, but I find I’m just wishing.

By: clow

clow — Tue, 27 Oct 2009 23:27:13 +0000

Alessandro,

I missed that part. What was the question and response? I am very happy with her statement on now being on the Credit Union bandwagon. The fact that Credit Unions are capped at 18% SHOULD be a message to Congress that financial institutions can operate without loansharking practices. Credit Unions were not standing inline for tarp bailouts.

By: Alessandro Machi

Alessandro Machi — Tue, 27 Oct 2009 12:20:41 +0000

clow, did you notice how Suze Orman went from hero to almost zero in just seconds? Orman completely mishandled the Chase bank email question. I was in shock because I thought Suze Orman did such a good job with the Ann Minch segment of her show.

By: clow

clow — Sun, 25 Oct 2009 19:27:08 +0000

I happened to catch the Suze Orman show last night. She had Ann Minch from the “debtors revolt” movement and video’s on and is backing her!! Here is a link to an article today and a video clip from the show. Suze even mentions 2% to 5% minimum payment increases. It was a great show and I guess not being able to sleep last night paid off.

http://www.huffingtonpost.com/2009/10/19/suze-orman-hails-the-debt_n_325535.html

By: steve burns

steve burns — Thu, 22 Oct 2009 19:59:23 +0000

lets hope alot of people show up…with lots of press.

By: Alessandro Machi

Alessandro Machi — Mon, 19 Oct 2009 22:06:10 +0000

I found this impressive list of supporters on the Showdown Page. http://www.showdowninchicago.org/aboutus.html

I have asked for clarification to see if they are a politically agnostic group.

By: Alessandro Machi

Alessandro Machi — Sat, 17 Oct 2009 18:59:26 +0000

I sent an email to the organizers of the Showdown in Chicago so that I could be upfront with them about my concerns. Our president believes that “Jamie Dimon of Chase Bank is his favorite Wall Street Banker”, but our president has also helped grass roots groups like ACORN thrive. He is the man in the middle and I just wish there was a THIRD GROUP, not related to ACORN, not related to Wall Street, not related to the republicans or democrats, that could be heard.

The problem is all of the groups mentioned above exist because they are FUNDED. We are NOT FUNDED. However, if we were ever to be funded, we would probably become like them, or be accused of being like them.

I agree that any legal confrontation in Chicago that makes news in regards to the banks is probably better than if nothing happens…..

By: Benny

Benny — Fri, 16 Oct 2009 20:31:36 +0000

Here’s a short Chase Bank protest video from NY by the Yes Men (www.theyesmen.org)

http://www.youtube.com/watch?v=u-jc7tO4zyI

The topic of the protest is Chase’s financing of mountain-top removal coal mining, but still it’s a nice example of taking to the streets and showing corporations how you feel. I’m positive the Yes Men are against the same banking practices we all hate, but they’ve been long propelled by other things.

By: clow

clow — Fri, 16 Oct 2009 13:37:40 +0000

CORRECTION: It was Congressman Luis V. Gutierrez that received notice on the same day that the Card Act was signed, not Barney Frank…..

By: clow

clow — Fri, 16 Oct 2009 04:59:51 +0000

Dr Lahm,

I don’t know if you have the time, but you might be interested in viewing the webcast at this site: http://www.house.gov/apps/list/hearing/financialsvcs_dem/fchrCC_100809.shtml. It is the hearings on H.R. 2382, the Credit Card Interchange Fees Act of 2009 and H.R. 3639, the Expedited CARD Reform for Consumers Act of 2009. It is very MUCH in the support of small business. Here is a copy of what I posted at another site.

Since this whole Credit Card Act started I have watched the web casts of the House and Senate meetings. The most recent being a hearing in the House committee of Financial Services on the proposed interchange fee’s on credit cards AND moving the date of the entire Credit Card Act to take affect on December 1st. The Chairman of this committee, Congressman Barney Frank, had allot to say! He starts out saying that the BIG BANKS were WARNED not to continue with the practices that the Card ACT was put in place to stop and the extended time was to be spent working on the new Disclosures and statements. If they did not abide by this warning, there would consequences.
The SAME day that Obama signed this into Law, Barney Frank received a NOTICE in the mail from his Credit Card Comp, name not disclosed, that they had slashed his creditline and increased his APR because he was a risk!! He is just pissed about this and goes on to say that he has the most stable job in the US with a 800 plus credit score and that his card company must know about someone coming out of the woodwork and running against and beating him in the next election to make him a risk. He is pushing for the December 1st date and is VERY sorry about what Congress allow to happen to all of us during the extended time that was allowed for the BIG BANKS to become compliant. If you have nothing else to do, watch these hearings and markups…They are both educational and entertaining.