One Thing Americans Can Count On: Banker Greed Is Bottomless

[Luminous Animal]

And a reminder: You can always move your money:

http://www.moveyourmoneyproject.org/

From Alternet:
http://www.alternet.org/newsandviews/article/933793/one_thing_americans_can_count_on%3A_banker_greed_is_bottomless/

"Congress isn't afraid of bankers," declared one of the bank honchos who organized the Friends of Traditional Banking super PAC. "They don't think we'll do anything to kick them out of office," he said, but that's exactly the plan.

In a dramatic and wholly destructive escalation of Big Money's assault on America's democracy, FTB's funders are not out to support candidates, but "to defeat our enemies." A Utah banker who chairs the new super PAC explains that giving $10,000 or so to the opponent of an incumbent who sides with the people has no impact, "but if you say the bankers are going to put ... $1 million into your opponent's campaign, that starts to draw some attention." He calls this a "surgical" approach to carving out political power. Yeah -- like doing surgery with a chainsaw and sledgehammer!

....

Wells Fargo now hits you for $15 a month just to have a checking account, unless you keep at least $7,500 in your account. Citibank charges $20 a month, unless you keep $15,000 on deposit -- more than double last year's level. Bank fees for money orders have doubled, and fees for cashier's checks have quadrupled.

There is a way out of this endless abuse-the-customer game: Move your money out of their vaults! For help, go to www.MoveYourMoneyProject.org.

[hifiguy]

1. One way to stop a free-marketeer in their tracks is to point out

that greed is not and never has been self-regulating.