Comments on: SAT. Nov. 5th 9:30 am RALLY & MARCH for Bank Transfer Day

By: taiganaut

taiganaut — Sat, 05 Nov 2011 20:01:45 +0000

Pretty underwhelming event for something that’s been in the press for weeks

By: Wealth Saver

Wealth Saver — Sat, 05 Nov 2011 15:36:45 +0000

You right wing fanatics need to study your own “evidence”. The nasty horrible agreement the banks signed says, among other things:
• Expand the flow of credit to US consumers and businesses on competitive terms to promote the sustained growth and vitality of the US economy.
• Continue to work diligently, under existing programs, to modify the terms of residential mortgages as appropriate to strengthen the health of the US housing market.

Chase did neither, instead RAISING fees, stealing people’s homes, and then paying themselves record bonuses. I am still awaiting a rosy story from you guys about someone whose mortgage was timely and effectively modified. Got any?

By: Sp

Sp — Sat, 05 Nov 2011 05:28:39 +0000

Closing your account is exactly what they want. Banks have too many deposits and not enough loans right now and this is probably just a cleverly constructed ploy to send all the loss-leading customers over to the credit unions, which will hurt them in the long run. If you want to help local banks, take out a car loan or mortgage tomorrow.

By: C

Fri, 04 Nov 2011 23:48:43 +0000

Sounds like those two science degrees are working out well, should have gon into business or banking!

By: OccupyPortlandLost

OccupyPortlandLost — Fri, 04 Nov 2011 18:10:27 +0000

Yes, and if you really understand the movie “Inside Job” you would understand that this was not the “Big Banks” doing this -Deregulation was all caused by our Government. Research- Alan Greenspan, Larry Summers, and Timothy Geithner. Once you figure it out you will understand you are going the wrong path and should be going after our Government.

By: janice

janice — Fri, 04 Nov 2011 14:32:42 +0000

For those that still don’t understand why we protest the “too big to fail” banks ….watch the movie “INSIDE JOB.”

http://www.youtube.com/watch?v=FzrBurlJUNk

By: Ms. S.

Ms. S. — Fri, 04 Nov 2011 07:46:26 +0000

Interesting…

More consumers flocked to credit unions last month than in all of 2010 combined, likely in part due to the controversy surrounding debit card fees.

At least 650,000 customers opened new accounts at credit unions since September 29, the day Bank of America announced it would charge customers a $5 per month fee to use their debit card for purchases starting in 2012, the Credit Union National Association estimates. If that number holds true, it would be more than the 600,000 consumers that joined credit unions in all of 2010.

By: peat dot org » A Challenge to the Occupy “Movement”

peat dot org » A Challenge to the Occupy “Movement” — Fri, 04 Nov 2011 03:08:58 +0000

[...] donations) for Outside In. Thank you. Coincidentally, Occupy Portland also announced plans for Bank Transfer Day. Money talks. Lets see who walks. [...]

By: Be Informed

Be Informed — Fri, 04 Nov 2011 00:47:47 +0000

“Chase has hired over 13,000 people in the US this year. They lend about $12 Billion to small businesses and is the #1 SBA lender in the country. Chase was the first bank to re-pay TARP (many say Chase didn’t need TARP but was forced to take it). The government made $1.7 billion in the TARP repayment from Chase. PS – Chase pays taxes in Oregon unlike the credit unions. Occupy Portland is an embarrassment to the city.”
SO THIS BEGS THE QUESTION OF EXACTLY WHAT DO THE BANKS NEED TO EXECUTE TO REDRESS THE DAMAGE DONE. A PUBLIC APOLOGY WOULD BE A POSITIVE START, COUPLED WITH A PROGRAM TO DEAL WITH REPAIRING THE DAMAGE. THE PROGRAM HAS TO INVOLVE EMPLOYMENT, EMPLOYEE BONUSES AND SHARED EQUITY AT EVERY LEVEL OF THE ORGANIZATION, A TEMPORARY REDUCTION IN ALL EXTRA FEES, A VOLUNTARY REDUCTION IN ALL SALARIES AT THE TOP, OH I DON’T KNOW, MAYBE 1%. ETC… I AM NOT A SCHOLAR AND THESE IDEAS NEED MORE DISCUSSION AND REFINEMENT…SOMETHING THE COLLEGE EDUCATED UNEMPLOYED OF OCCUPY PORTLAND WOULD BE GREAT AT ADDRESSING….ABOLISH THE ART COMMITTEE AND GET TO WORK ON THIS!
Bet all those smart PHD candidates at Reed and elsewhere would love to work on this.

By: B

Fri, 04 Nov 2011 00:31:36 +0000

Great info, thanks Eric. Hope they are listening….but may spending too much time on their own narrow and narcissistic agenda. Right on regarding the focus on class and corporate warfare.