Wednesday, 30 September 2009

• Banks: We saved their ass, now they are kicking ours?

  We supported helping the banks to stay in business and, to help our economy didn't we? So in essence, we saved their ass from folding.

  Why now have they turned around and raised the interest rates? So we can pay again? Is that a slap in the face or, a kick in the ass?

  I recently received my new bill from http://bankofamerica.com,  one of the banks we gave a lot of money to. They raised my rate 10% over my existing rate. I also use bank of America for my checking account and, they charge a monthly fee. What is up with Bank of America? How can they get away with this?

  I have never in my life paid the high interest percentage which they are now asking for. The economy being down forced us to pull out the plastic and now, we have to pay the penalty of higher interest rates? I don't understand the logic to this. Is this how they are going to give their employees bonus's? Or, show larger profits? And again, they are getting their money from us, the tax payers. The people down at the bottom of the totem pole. The people that are already into debt because of the economy. What is up with that?

  I know the government has bigger things to worry about but, I think it is time they take a look at the bottom of the totem pole. Shouldn't someone start saving our ass?

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