Banks do NOTHING for YOU. . .
Have you ever stopped to think why you keep your money in a bank? What does your bank do for you? Is it maybe out of habit and convenience. . . Have you ever wondered why someone( the bank) charges you when you are turning your money over to them. It would seem logical that you would get paid to allow someone to hang on to something of value and even more so if that individual or entity was going to be able to earn from safekeeping your asset or funds.
Many articles online and blog posts offer ways to avoid being charged or ways to reduce the fees that you may experience from having a bank account. Why should WE be the ones figuring out ways to reduce or avoid fees from a bank? Shouldn't the banks be figuring out ways to avoid charging sense-less fees to the people that keep their lights on. You may find this shocking but your BANK DOES NOTHING FOR YOU. In fact, they take from you for the courtesy of you providing them your money. It is time to wake up people and it is time to opt-out. If you are not in a position to opt-out completely then do whatever you can to use the services of your bank the least amount possible. There are so many other ways to stop contributing to the wasteland of banking. We as a people have been taken advantage of and with the rise of crypto currency we have been provided a way to thrive in a new environment free from unnecessary fees.
For the more than 109 million U.S. households that have checking accounts, the total average annual cost of the checking accounts is $10.7 billion. This is just from the three types of fees: overdraft-related, ATM and account use, and monthly maintenance
See the full article here Nerdwallet
The above quote is ridiculous and shocking!!
Overdraft, ATM and account use, and monthly maintenance. . . Step back and think about what those are. .
Those are arbitrary FEES charged to you so the institution that you are handing your money over to can pad their income statements at your expense.
It is time to become responsible for yourself. It is time to manage your own assets and not be nickled and dimed to death via entities that definitely do not have your best interests at heart. There are so many ways to be the change. The only question is, are you ready?? This isn't like you are asking your family member to hang on to your assets or your trusted friend . . .The banks are not your friend and quite frankly they have shown over and over that they do not have proper moral high-ground in their activity.
Take a peak at some of these assholes banks . . .
A bankruptcy judge issued a $45 million fine against Bank of America Corp. , calling the bank’s treatment of a California couple who fought to save their home “brazen” and “heartless.”
The Justice Department announced Thursday that Bank of America will pay a record $16.65 billion fine to settle allegations that it knowingly sold toxic mortgages to investors.
JPMorgan Chase & Co (JPM.N) will pay $2.8 million to settle charges that a broker-dealer unit lacked sufficient controls to safeguard customer securities from several countries over more than eight years, a U.S. regulator said on Wednesday.
The Financial Industry Regulatory Authority said JPMorgan Clearing Corp created hundreds of millions of dollars of deficits by violating U.S. rules designed to thwart the improper commingling of assets.
JPMorgan Chase has been fined more than $2 billion for violations of the Bank Secrecy Act tied to failure to report suspicious activity related to Bernie Madoff's decades-long, multi-billion dollar Ponzi scheme. Madoff was sentence in 2009 to 150 years in prison for his deception
JPMorgan Chase has agreed to pay a $55 million fine for allegedly discriminating against minority borrowers.
A list of quotes from shady dealings, fines, and scams could go on and on. . .These are just a few I quickly grabbed from the net. . There are thousands more. . This is who we TRUST our money with?
Those of you whom know @rawdawg know that he is definitely not a conspiracy theorist and I am not even a freedom fighter or libertarian but what I am is a person who is logical enough to look at simple facts and come to rational conclusions. The time is NOW and enough is enough. .
Start taking control and responsibility for yourself and your financial well being.
Hard assets, crypto-currency, and the least amount of traditional banking as possible, if any.
Banks are only too-big-to-fail because we allow them to be that way. Too big to fail means they have so much of the citizens assets in their control that if they were to fail it would be catastrophic because a large majority of the world would be broke. . How have they gotten so much control? Simple answer. . . WE HAVE GIVEN IT TO THEM!
What happens when we no longer need them to be doing what we should have been doing all along?
Think about it. .
Sunz of Man "BankstaZ"
We are all obligated to pay off the debt
The national debt to these international banksters
That's - that's the bottom line
The bottom line is money
International banksters, gangsters
Yes, the banksters, banksters, banksters...
I agree 100percent with you and not only in the US also around the world. Thanks for sharing it's important
Too true man, all they do is use us to make money, that's why they have the biggest buildings in every town. Bunch of BS, now we have options though
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Truth is that the banking takemuch more than they give to us. They indirectly reduce our money all in the name of safe guarding it.. All lies and scams
Nice post
Curated for #informationwar (by @openparadigm)
Relevance:Banksters
That's right, what you say is true and I agree, but the commissions are barely a tiny fraction of the problem, the fractional reserve, the quantitative easing, and the debt, are really a problem of greater dimensions, I wrote about it one month ago, The financial theft to humanity: How the Banks and the State conspire to rob you.