STILL MORE CHASE BANK CREDIT CARD WARNINGS from FELLOW BLOGGERS.

I have so many different responsibilities everyday that it is practically impossible to keep up with the out of control evil empire that is Chase Bank, so when I find a blogger who is warning their readers about Chase Bank, who is to say how many more are out there that I have missed?

This isn't the first blogger that I have highlighted, and there will probably be more and more as time goes on.

HOW YOU CAN HELP! MAKE A DAILY-PROTEST.com sign and put it where others will see it. Daily-Protest.com signs can be placed in a storefront window, a bulletin board at work, or a countertop. Raise curiosity and awareness about how Chase Bank is harming a LOT of of their BEST customers by making a Daily-Protest.com sign.

LOOK AT HOW FAR CHASE BANK HAS FALLEN.

WARNING, this link is for a Chase Bank Ad. I just want to highlight how far Chase Bank has fallen. Once again, Chase Bank is enticing people to sign up for a NEW CREDIT CARD and INTRODUCTORY ZERO interest rates even as they continue to STAIN and DEFAULT the good name of hundreds of thousands of their best customers. Chase Bank is INCREASING the MONTHLY MINIMUM PAYMENT BY 150% ABOVE and BEYOND what THEIR NEVER LATE PAYING CUSTOMERS WILL BE FORCED TO PAY.

What is even sadder is that right in the ad it says that the length of time one gets the zero percent rate will depend on their credit rank. Huh? Chase Bank is going to tell someone they have stinky credit even as they give them a credit card??? Yet Chase Bank is scolding other established customers who have never been late on their payments by raising their monthly minimum payment to the point where they will default?

Who are these Chase Bank clowns and why are they not in jail or at least charged with treason against law abiding U.S. Citizens? Is Chase Bank reaping greater profits by defaulting their own customers then they are by just being a good, upstanding bank?

HOW YOU CAN HELP, MAKE A DAILY-PROTEST.com sign and put it where others will see it. A Daily-Protest.com sign in a storefront window, a bulletin board at work, or a countertop can raise curiosity and awareness about how Chase Bank is harming a LOT of of their BEST customers.

Day-36, Chase Bank Protest. ATTENTION Democratic Senator Richard Durbin, I'm Ready, Willing, and Available to be a Consumer Watchdog.

Democratic Senator Richard Durbin, I, Alessandro Machi, publicly claim to be a consumer advocate watchdog. Over the years I have done my own form of consumer activism on a very local level. I also was one of the first to out a trust company scam had sales people coming to people's homes to "update trust accounts" but was actually a front that enticed California senior citizens to put their life savings in uninsured accounts.

One of the things I am most proud of is writing every attorney's general in the United States back in 2004 and protesting GM Card changing terms without allowing me to opt out of the change in terms.

Five years later and this has become one of the biggest issues in regards to credit card companies.  My idea back then is only now, five years later, being considered.

Notifying somebody 45 days advance notice that their credit card interest rate is going up becomes irrelevant if the customer is not allowed to stop the change in terms by opting out. 

Nor should opting out be cause for the credit industry to lower one's credit score since it is actually represents a consumer being responsible with their credit.

Being responsible when it comes to credit should never lower one's credit score.  Creating incentive based credit card programs is something I have been suggesting for the past several days, and it is an idea that I probably am the first to suggest.  

Senator Durbin seeks consumer watchdogs for hire. 

Help Daily-Protest.com grow.CHASE BANK PROTEST-DAY 9. HOW YOU CAN HELP THE DAILY-PROTEST.com CREDIT CARD PROTEST GROW WITHOUT EVEN PROTESTING YOURSELF, AND IT IS FREE.

Day-35, Chase Bank Protest, Mothers day. A Shocking amount of stories trying to justify banks lowering credit lines ACROSS THE BOARD!

Sunday, May 10, was spent chronicling several stories about how the banks are justified in lowering credit card credit lines, even on their best customers. Thankfully, there are honest people out there telling the truth about how bad our economy is. 

However, it is important to realize that the fulcrum of the world's economies failing is the credit card divisions and their suffocating methods involving punishing their best customers when incentive based credit card programs would work much much better.

I have been protesting from home the past 10 days, writing many many articles for both Daily-Protest.com and also a series about Oprah Winfrey and her reluctance to do a television show with the credit card companies and point out their wrongness.

I've also identified some very important blog articles about how bad our economy presently is. Asia Today Global economy article.

Five Economic Storms

Did Oprah ask Barack Obama to do a town hall meeting about credit cards to take pressure of her for NOT doing a TV show about this.

Oprah Winfrey "Let them eat Chicken" seems to matter more than fighting for her own viewers versus the credit card companies.

There have been a ton of family issues since the passing of my father that require attention on a daily basis. Taking care of mom, tributing my fathers garden by growing all the food he would grow every year, trying to keep our 13 year old shitzsu alive and healthy, all the paperwork and bills, trying to clean house, both inside and out...

...And continuing doing my video business. I recently found out that the person I videotaped for america's got talent was advanced to the next preliminary screening round based on the video (and their performance of course). Juggling all of these things is very very difficult. 

I will gladly post pictures of anybody who bothers to put up a daily-protest sign in a storefront window, bulletin board, or countertop.

Help Daily-Protest.com grow.CHASE BANK PROTEST-DAY 9. HOW YOU CAN HELP THE DAILY-PROTEST.com CREDIT CARD PROTEST GROW WITHOUT EVEN PROTESTING YOURSELF, AND IT IS FREE.

Day-34, CHASE BANK PROTEST. CHASE BANK and FRIENDS use PUNITIVE MEASURES for REDUCING CUSTOMER CREDIT CARD DEBT INSTEAD of INCENTIVE BASED METHODS.

I feel blessed the past few days because I finally put a face on what the credit card industry, the banking industry, Bernanke, the FDIC, and Barack Obama are doing incorrectly in their battle to turnaround the economy.

ALL of these entities are relying on punitive based actions (punishing the consumer) to reduce consumer debt, when it is fairly obvious that incentive based actions would work much faster and much more effectively.

I don't mean to come off like a braggart, but I have already designed several incentive based credit card paydown programs that would instantly have a positive effect on our economy. 

My values have always centered around "people can make a difference" and to not use numbers to hurt people when we could use a different numbers paradigm to actually help people instead.

I would be more than happy to share my incentive based credit card debt paydown programs. All the credit card industry has to do is hire me.

The powers that be have chosen to punish those who already have credit card debt and who don't meet new, very strict credit card standards. The problem with this approach is it was done without ever first attempting incentive based credit card debt paydown programs that probably would work much better, faster, and more effectively at stabilizing our present economy.

Lets try and structure the credit card industry discussion into these two talking points, punitive vs incentive based credit card debt paydown programs. If you happen to get the media's ear, tell them. 

Tell the media you don't think this is the time to punish people with credit card debt when incentive based credit card debt paydown programs would provide more stimulus than the stimulus package and bailout bill is providing.

Have a blessed day.

Help Daily-Protest.com grow.CHASE BANK PROTEST-DAY 9. HOW YOU CAN HELP THE DAILY-PROTEST.com CREDIT CARD PROTEST GROW WITHOUT EVEN PROTESTING YOURSELF, AND IT IS FREE.

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.

Help Daily-Protest.com grow.CHASE BANK PROTEST-DAY 9. HOW YOU CAN HELP THE DAILY-PROTEST.com CREDIT CARD PROTEST GROW WITHOUT EVEN PROTESTING YOURSELF, AND IT IS FREE.