Banks are the enemy of the people.

  1. bgamall profile image84
    bgamallposted 7 years ago

    The loan sharking banks are the enemy of the people. They scammed us at Basel 2, when they allowed shadow risky off balance sheet banking, leading to liar loans and shoddy underwriting.

    Then they continue to gouge us with high cc interest rates, just because they cannot sell their crap bonds, at a time in which they are borrowing from the government at 1/2 percent.

    Then they are stealing from the treasury, and are above the sovereignty of the United States. They cannot be taken down by the FDIC they way they should be.

    They are at war against the people of the United States and we need new banks. We need to take our money out of the big banks (put money into credit unions or in a jar), walk away from bad loans, walk away from credit card loans if we are in a position to do so, and fight these enemies of the people!!!

    1. bgamall profile image84
      bgamallposted 7 years ago in reply to this

      Keep in mind that I am referring to the large national banks but the entire financial system profited from this scheme.

 
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