Welcome To The Company Store, 2013

[Charles]

Originally Posted by finnbow

I think that the big banks somehow think that they are entitled to a cut of every single financial transaction made in this country. By virtue of the banks bankrolling politicians, I wouldn't look for them to change it. The GOP was outspoken in its opposition to the creation of the Consumer Financial Protection Bureau, the newly formed organization formed to deal with such abuses.

I think they were opposed as to what they consider is a lack of oversight, but what to I know.

The disinformation and outright lies circulating in this country makes it difficult for me to come to a rational decision.

But I do know that after congress "fixed" the credit card problem a few years back, my rates doubled, along with my line of credit. I was a "valued customer", according to a letter I received from whoever had my business card account at the time.

This was such an insult to my intelligence that I promptly closed that account...only to find out that the rest of them weren't any better.

Since then, I've only carried a balance perhaps three times, generally due to my lackadaisical approach to billing. I hate to give those thieving bastards a nickle, but it's worth fifteen bucks or so every now and then so I don't have to sit up all night auditing accounts when I don't want to.

I guess paying around 50 bucks or so in interest over the last 4 years or so isn't too bad as they generally give me back around 1K every year. But I still hate their guts.

Chas