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The Fed will help banks but rejects helping American families

 
DragonsFall
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05/05/2009 01:12 PM

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The Fed will help banks but rejects helping American families
[link to breakingnow.net]



The Federal Reserve rejected a request to force credit card companies to immediately halt retroactive interest-rate increases on existing balances, Democratic Senator Charles Schumer said on Tuesday.

Schumer and Christopher Dodd, who chairs the Senate Banking Committee, asked the Fed last month to use its emergency powers for rescuing banks to also help credit card consumers being slapped with unexpected rate increases.

“The Federal Reserve’s failure to protect consumers from these outrageous rate increases is unconscionable,” Schumer said.

“The Fed has acted swiftly to use its emergency powers to steady teetering financial institutions. It is fair to ask why they won’t use the same powers to aid American families who are at just as great a risk.”

A Fed spokeswoman could not immediately be reached for comment.


Bend over guys... s226
bed
Netizen Ribbonmind

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05/05/2009 01:16 PM

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Re: The Fed will help banks but rejects helping American families
yep.
Thread: PAGE 1 UPDATES: Countries with Ebola~~ Suspects, Monitored, Outbreaks, Transfers, Denied, Maps and Negatives~COMPANY EXIT LIST

"The earth is mother of us all, for she is just; but you, because you are unjust have pretended that she is your mother alone; and if you do not stop, I will not permit you to remain upon her."

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Anonymous Coward
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05/05/2009 01:32 PM
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Re: The Fed will help banks but rejects helping American families
Of course they rejected anything that makes there buddy's richer while ruining peoples lives.
Of course.That's what evil psycho's do.
DragonsFall (OP)

User ID: 616916
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05/05/2009 01:40 PM

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Re: The Fed will help banks but rejects helping American families
Of course they rejected anything that makes there buddy's richer while ruining peoples lives.
Of course.That's what evil psycho's do.
 Quoting: Anonymous Coward 667007



what's bad is they don't even try to hide it anymore
Psa 51:10

User ID: 667164
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05/05/2009 01:41 PM
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Re: The Fed will help banks but rejects helping American families
The fed is an abomination.
Never mind.
Anonymous Coward
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05/05/2009 01:44 PM
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Re: The Fed will help banks but rejects helping American families
They care NOTHING about the people. That should all be self evident by now.
Anonymous Coward
User ID: 667007
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05/05/2009 01:45 PM
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Re: The Fed will help banks but rejects helping American families
Of course they rejected anything that makes there buddy's richer while ruining peoples lives.
Of course.That's what evil psycho's do.



what's bad is they don't even try to hide it anymore
 Quoting: DragonsFall

Yep you are right.
Its showing they don't even have to hide it anymore.
They are in such complete control they can do whatever they want, who's going to stop them.
Take The "ish" Out
User ID: 672339
United States
05/05/2009 02:06 PM
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Re: The Fed will help banks but rejects helping American families
As usual one jew helping another jew run their criminal scams. The Federal Reserve Bank is no more Federal than Federal Express.
Anonymous Coward
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05/05/2009 02:08 PM
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Re: The Fed will help banks but rejects helping American families
Fuck this shit. Dodd was part of the problem.

Nice try guys.
astrogal50
User ID: 588885
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05/05/2009 02:49 PM
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Re: The Fed will help banks but rejects helping American families
Well, of course. What else do you expect? It is called FACISM! The takeover of the government by corporations in its current incarnation, but it can go the other way.
Anonymous Coward
User ID: 672407
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05/05/2009 02:52 PM
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Re: The Fed will help banks but rejects helping American families
I have an idea for all those "poor, defenseless americans" whose credit card rates are rising....

QUIT CHARGING THINGS YOU CAN'T PAY FOR

that is all you need to do... period
Anonymous Coward
User ID: 672425
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05/05/2009 02:57 PM
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Re: The Fed will help banks but rejects helping American families
[link to breakingnow.net]



The Federal Reserve rejected a request to force credit card companies to immediately halt retroactive interest-rate increases on existing balances, Democratic Senator Charles Schumer said on Tuesday.

Schumer and Christopher Dodd, who chairs the Senate Banking Committee, asked the Fed last month to use its emergency powers for rescuing banks to also help credit card consumers being slapped with unexpected rate increases.

“The Federal Reserve’s failure to protect consumers from these outrageous rate increases is unconscionable,” Schumer said.

“The Fed has acted swiftly to use its emergency powers to steady teetering financial institutions. It is fair to ask why they won’t use the same powers to aid American families who are at just as great a risk.”

A Fed spokeswoman could not immediately be reached for comment.


Bend over guys... s226
 Quoting: DragonsFall



explanation below.


Top Senate Democrat: bankers "own" the U.S. Congress (tags: New World Order, Treason, Organized Crime, Racketeering, Corruption)
Thursday April 30, 2009
Sen. Dick Durbin, on a local Chicago radio station this week, blurted out an obvious truth about Congress that, despite being blindingly obvious, is rarely spoken: "And the banks -- hard to believe in a time when we're facing a banking crisis that many of the banks created -- are still the most powerful lobby on Capitol Hill. And they frankly own the place." The blunt acknowledgment that the same banks that caused the financial crisis "own" the U.S. Congress -- according to one of that institution's most powerful members -- demonstrates just how extreme this institutional corruption is.
Address : < [link to www.salon.com]
Anonymous Coward
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05/05/2009 02:59 PM
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Re: The Fed will help banks but rejects helping American families
THE GOVERNMENT HATES THE GOOD PEOPLE!!!!!!!!!
Anonymous Coward
User ID: 672407
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05/05/2009 03:02 PM
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Re: The Fed will help banks but rejects helping American families
ummmmm there is something i don't get... if you pay off your card every month, the rates don't go up... ever

so basically you guys are mad because people that haven't paid their bills on time deserve protection?

if you can't pay for something... don't buy it

No one put a gun to these people's head and made them buy flat screen TVs, Ipod, and computers when they couldn't afford it.
Anonymous Coward
User ID: 672407
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05/05/2009 03:03 PM
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Re: The Fed will help banks but rejects helping American families
It's funny how untrusting you guys are of the gov't until they were gonna do something to help you out. then all of a sudden, they're the bad guys for not helping you out....lol hypocrites
Anonymous Coward
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05/05/2009 03:07 PM
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Re: The Fed will help banks but rejects helping American families
F the Fed
Anonymous Coward
User ID: 672339
United States
05/05/2009 03:18 PM
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Re: The Fed will help banks but rejects helping American families
It's funny how untrusting you guys are of the gov't until they were gonna do something to help you out. then all of a sudden, they're the bad guys for not helping you out....lol hypocrites
 Quoting: Anonymous Coward 672407

FUCK YOU KIKE.
Psychic Soldier

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05/05/2009 03:19 PM
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Re: The Fed will help banks but rejects helping American families
Banks own the government.
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