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"YOU TAKE OUR MONEY, YOU WANT OUR HOUSE, YOU WON'T EVEN HELP US OUT."
PEOPLE WHO SAY IT CANNOT BE DONE SHOULD NOT GET IN THE WAY OF THOSE WHO ARE ALREADY DOING IT.

DAY-43, LOCAL GOVERNMENTS BEING HIT HARD BY CREDIT CARD COMPANIES ME FIRST ATTITUDE.

DAY-43, LOCAL GOVERNMENTS BEING HIT HARD BY CREDIT CARD COMPANIES ME FIRST ATTITUDE.
CLICK on IMAGE to SEE ARTICLE.

IS IT FAIR TO CHANGE FIXED-RATE CREDIT CARDS TO VARIABLE RATES?

IS IT FAIR TO CHANGE FIXED-RATE CREDIT CARDS TO VARIABLE RATES?
CLICK ON IMAGE TO GO TO LA TIMES ARTICLE TO VOTE.

DAY-41, LINKING STATE GOVERMENT PROPOSED TAX INCREASES TO THE CREDIT CARD COMPANIES.

DAY-41, LINKING STATE GOVERMENT PROPOSED TAX INCREASES TO THE CREDIT CARD COMPANIES.
CLICK on IMAGE to SEE ARTICLE.

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If you have a question about this blog or the 12 other anti financial terrorism blogs I have created, please email me at info at alexlogic.com. If you are having trouble leaving a comment, please let me know at the email address listed above.

CHASE BANK PROTEST MARCH TO THE SANTA MONICA SEA, THEN SEE JOAN IN CONCERT, FREE! THURSDAY, JULY 9

CHASE BANK PROTEST MARCH TO THE SANTA MONICA SEA, THEN SEE JOAN IN CONCERT, FREE!  THURSDAY, JULY 9
DO YOU HAVE A DAILY-PROTEST.com or BLOGGERS AGAINST CHASE BANK.com SIGN? THEN MARCH to the FREE JOAN BAEZ CONCERT at the SANTA MONICA PIER!
JOAN BAEZ DOES NOT KNOW WHO WE ARE AND THEREFORE IS NOT ENDORSING THE CHASE BANK PROTEST MARCH, BUT, WHAT FAMOUS CELEBRITY IS?
NO NEED TO TRY AND ASSEMBLE FOR THE MARCH, JUST MARCH FROM WHERE EVER YOU ARE COMING FROM WITH YOUR DAILY-PROTEST.com SIGN!
(PLEASE DO NOT MARCH IF IT IS A STRAIN OR HAZARDOUS TO YOUR HEALTH), YOU DO NOT HAVE TO HAVE A SIGN TO SEE THE CONCERT FOR FREE.

FREE JOAN BAEZ CONCERT, JULY 9TH, 2009, STARTS 8PM (COME EARLIER FOR BETTER LOCATION, B.Y.O.C.) CLICK ON IMAGE FOR MAP.

DAY-23, CHASE BANK PROTEST

DAY-23, CHASE BANK PROTEST
CLICK ON IMAGE TO GO TO ARTICLE.

DAY-22 CHASE BANK PROTEST

DAY-22 CHASE BANK PROTEST
CLICK ON IMAGE TO GO TO ARTICLE.

DAY-20, CHASE BANK PROTEST

DAY-20, CHASE BANK PROTEST
CLICK ON IMAGE TO GO TO ARTICLE.

DAY-19, CHASE BANK PROTEST

DAY-19, CHASE BANK PROTEST
CLICK ON IMAGE TO GO TO ARTICLE.

DAY-16, CHASE BANK PROTEST

DAY-16, CHASE BANK PROTEST
CLICK ON IMAGE TO GO TO ARTICLE.

DAY-13, CHASE BANK PROTEST

DAY-13, CHASE BANK PROTEST
CLICK ON IMAGE TO GO TO ARTICLE.

DAY-12, CHASE BANK PROTEST

DAY-12, CHASE BANK PROTEST
CLICK ON IMAGE TO GO TO ARTICLE

DAY-11, CHASE BANK PROTEST

DAY-11, CHASE BANK PROTEST
CLICK HERE TO GO TO ARTICLE.

DAY-10, Thanks Dad.

DAY-10, Thanks Dad.
Rest in Peace

DAY-9, CHASE BANK PROTEST

DAY-9, CHASE BANK PROTEST
CLICK HERE TO GO TO THE ARTICLE

DAY-8, CHASE BANK PROTEST

DAY-8, CHASE BANK PROTEST
CLICK ON IMAGE TO GO TO ARTICLE.

Day-7, CHASE BANK PROTEST

Day-7, CHASE BANK PROTEST
CLICK ON IMAGE TO GO TO ARTICLE.

DAY-6, CHASE BANK PROTEST AT 12051 VENTURA BLVD, STUDIO CITY.

DAY-6, CHASE BANK PROTEST AT 12051 VENTURA BLVD, STUDIO CITY.
CLICK ON IMAGE TO GO TO ARTICLE

DAY-5, CHASE BANK PROTEST

DAY-5, CHASE BANK PROTEST
CLICK ON IMAGE TO GO TO ARTICLE.

DAY-4, CHASE BANK PROTEST

DAY-4, CHASE BANK PROTEST
CLICK IMAGE TO GO ARTICLE

DAY-3, CHASE PROTEST

DAY-3, CHASE PROTEST
CLICK IMAGE to SEE ARTICLE.

DAY-2, CHASE PROTEST

DAY-2, CHASE PROTEST
CLICK IMAGE to SEE ARTICLE.

DAY-1, CHASE PROTEST

DAY-1, CHASE PROTEST
CLICK IMAGE to SEE ARTICLE.
DAILY-PROTEST IS RANKED
OUT OF 28,000 BLOGS.

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Friday, May 8, 2009

Day 33, Chase Bank Protest. Barack Obama to conduct town hall meeting about credit cards. I guess myself and other consumer advocates are not invited.

Reuters reports that Barack Obama will hold a town hall meeting about credit cards.

I find this type of political maneuvering disturbing.  

The sad truth about credit card debt and the credit card industry is that tens of millions of people are being oppressed by the credit card industry, but these tens of millions of american don't think they are being oppressed as long as they can make the monthly minimum payment. Ironically, it is the low monthly minimum payment that has indentured these same millions of americans without them realizing it.

The other sad truth is not every complaint about credit card debt is a valid one. A town hall meeting will simply meld together the less valid, lack of personal responsibility complaints with the gut wrenchingly sad, unfair, and anti american behaviors that ARE PERPETRATED against american citizens by the credit card industry.

The United States has a population of over 300 million and over 200 million adults. That means that even if 10 million americans have been absolutely treated unfairly and are indentured to credit card debt for the rest of their life, that still only works out to 5 percent of the adult population!

This also means that if the town hall meeting is a random sampling of the adult population, then only one in 20 at that meeting will have the hard hitting examples we need to hear about. Imagine going to a football game in which only 5% of those in attendance actually understand football, and the rest of the stadium is comprised of tennis, baseball, basketball, golf fans and so on.

I don't want the hard hitting core issues to be diluted by somebody complaining because their credit line they were not using was cut in half, or that they were preapproved for a card then denied. The reason I don't want to hear about those issues is they will DILUTE the MORE IMPORTANT ISSUES THAT ALREADY EXIST AND ARE MORE HEINOUS!

Extremely important credit card issues that already exist include, the theft of frequent flyer miles from AMEX customers, those miles were then "reallocated" by American Airlines to Citibank in exchange for lower interest rates on loans that American Airlines requires.

Extremely mportant credit card issues include CHANGING TERMS WITHOUT ALLOWING THE CUSTOMER THE RIGHT TO OPT OUT once the see the changes on their billing statement.

Extremely important credit card issues include not dropping a credit line to either below, at, or just above the amount of credit card debt a person already has. Lower the card limit if you must, but give the consumer a bit of a soft landing as well.

Extremely important credit card issues include changing the credit card industry from punitive based policies that are punishing people with stellar payment histories to incentive based policies that reward credit card users with excellent paying and responsibility records.  Also, reward anybody who is intent on PAYING DOWN their debt.

Extremely important credit card issues include a higher monthly minimum payment requirement for college aged kids just starting out with credit cards. A TEN PERCENT MONTHLY MINIMUM PAYMENT REQUIREMENT FOR COLLEGE KIDS would reduce the amount of debt a college age person would acrue and limit the credit card companies losses as well.

Extremely important credit card issues include not labeling customers "toxic assets" because they have low interest credit card accounts that they EARNED by having an excellent payment history.

As you can see I've just outlined six really important credit card issues that could take an entire town hall meeting to discuss at length, especially if customer horror stories related to these six issues are discussed as well.

Instead, Barack Obama's town hall meeting will probably see such a bombardment of issues that there is a chance that the american citizen will be made out to be a whiner and complainer.

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