Banks
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Why do people hate banks? Is it because they're pleb at life and have to rely on loans? Then the debt burden becomes so big, hanging over them day in and day out.
Banks are financial superpowers that claim to help the little guy when all they do is force them to rely on them. We didn't used to require credit or loans to buy cars, etc. but now we do. They control a very sensitive part of our lifestyle.
>>68623839
You've never had a bank delay your deposits most of a business day, but immediately resolve your payments, causing you to go $1 negative briefly.
Then you are hit with a $36 fee. If things work out really well for the bank, they can time it so that the fee causes you to be short again, and they can hit you with it in quick repetition, possibly wiping out your (delayed) deposit. Then they can go fee crazy on you.
>>68624076
>being this poor
>>68623839
I mean, that may not be how banks work in your corner of the world, but in America the banks have bought sufficient political favor that they are allowed to pretty much fuck anyone they want.
Obama passed some regulatory oversight, but Congress kept him from chairing that committee so it couldn't be funded, then they picked apart the banking regulations themselves.
And worse yet are the Payday loan operations, which are pretty much legalized Loan Sharks.
>>68624178
Eh I haven't lived paycheck to paycheck in 20 years or so, but I do remember what it was like.
It's not very fair that they can loan out money they don't have while having the government sitting by ready to bail them out if too many people remove their deposits.
>>68624525
That's not what gets them in trouble.
What gets them in trouble is gambling everyone's savings on high-risk derivatives and debt insurance schemes, and then when THOSE fall apart they get taxpayer bailouts.
That's what happened in 2008.
Laws were passed when this happened during the Great Depression, but Phil Graham and his pals knew that if they got rid of the regulations keeping banks from gambling with people's savings, only good would come of it.
>>68624076
>You've never had a bank delay your deposits most of a business day, but immediately resolve your payments,
if you've been an adult for 20 years then you should understand at least the simplest aspects of banking.
deposits: have to be verified because the check may be bad.
payments. derp. you authorized it, so out it goes. why should they delay something you asked them to do? if they did, and you were hit with a late payment charge, you would cry about that too.
grow up. but then, considering that you must be about 40 already, just carry on the best you can.
>>68623839
They wake up one day and realise that they have to repay what they loaned.
lol
Watch the move The Big Short, it'll help you understand
My parents use overseas banks since the bank screwed my dad back in 2008 even though he has been using it since the 70s when he emigrated to the US.
>ITT: faggots who don't understand the history of banking, fractional reserve, or debt slavery.
Reminded
https://youtu.be/UrJGlXEs8nI
>>68625514
You're so red pilled dude.
>>68623839
i bought my first house and it was financed by the guy from whom i bought it from. much lower costs than what the banks offered much lower interest rate. Owning money to any bank ever... no.
>>68623949
Evolution expects more of you in 2016 as opposed to 1950.
>>68626379
Bahaha, i just realised why /pol/ hate women.
It has nothing to do with women and everything to do with inferiority complex. And salary.
Watch this faggot. It's lengthy but redpilled the fuck out of me.
https://m.youtube.com/watch?v=5IJeemTQ7Vk
>>68627347
Do people pay a lot of money for your time?
Something about to big to fail
>>68627536
>post a video about corruption in privatized banking
>get called a shill
/pol/ everyone.
>>68623839
They steal 'wealth' via the money creation mechanism
>>68627750
I asked if you bank a lot of cash with your broad knowledge of the world.
>>68624387
The regulations that Obongo passed where laughable as well, maybe you should read what obongo passed because every person I know that works on the financial sector around the world says that Obongo is as bought as most republicans to perpetuate the status quo of the financial sector.
Shit Obongo had the Fed put up with QE and 0% interest rate for years and most of that money ended up inflating the stock of the financial sector and barely reaching the real economy.
>>68623839
>rig the global economy
>start wars
>pass laws that ruin fun
>etc.
There's plenty of reasons to hate banks.
>>68627612
Shouldn't you be mad at the government instead?
>>68627902
I use a local credit union to cash my paychecks and then exhange money for precious metals which I hide .
>>68623839
People shit on BoA all the time, but they gave me a car loan when no one else would (not a bad interest rate either). They're based in my opinion.
But to answer your question, it's because they basically get mega mega rich for doing nothing but have more money than other people. They provide financial services that you need insane amounts of cash to be able to do. And they get that cash not from people depositing money, but from other larger banks.
>>68627750
>JIDF detected
How about you bank on Reddit liking you?
>>68623839
Why do banks hate kings? is ti because they are a pleb and rely on the kings will?
>>68628086
Sounds like a winning game.
>>68628086
I hope you have good locks.
>>68628154
I want to bring in the most absolute monarchy for all nobles to feel the arm and the power of the people.
>>68623839
It's better than the alternative. Banks do shady stuff but if you're that worried about it move to Ethiopia or some shithole like that.
>>68628154
That is a straw man argument. Banks used to work closely with the ruling royalty, regardless.
>>68628372
They hated their kings, now they have no ruler while you have rulers, good job retarded goyim.
>>68628430
Way to generalize history.
(you)
>>68623839
Because they blew up the world economy and got rewarded for it.
Doesn't really mix well with our neoliberal ideology that bad businesses should go out of business.
>>68628647
Stupid goy.
>>68624823
Hi Bank of America! Funny, I never thought I would see you here. Also, didn't you lose a massive lawsuit a few years ago because you were doing exactly what anon described and it was proven you were consciously extorting the public?
>>68623839
Only thing I have from a bank and the only thing I'll ever take from a bank is my debit card, and only because I need it to buy things online.
>>68623839
>make a bet
>turns out I'm wrong
>lost 50 trillion dollars
>fuck
>wait
>forgot I have politicians in my pocket
>make them force taxpayers to pay my losses
>keep wearing a suit to work so that other suits will defend me against the fucking plebs
>haha you just hate banks because you're poor!
Norway posts are literally on the level of Turkey on here.
>>68628430
>QJQQs8wk
>Jews migrate to a country
>they get powerful through usury and other criminal stuff
>they find out all their power is nothing compared to the absolute power of the King who owns them
>rallies peasants to kill kings
>you are now the ultimate power
>peasants are even more cucked than ever before
>>68628815
>I have no responsibility for my own personal actions
>the bank is to blame
>unfair system dude
That is what you sound like.
>>68629006
I will vote for the most absolute king in 2000 years, he will own every single individual.
>>68628910
see>>68628049
And no we're nothing like you Turkey. Wash your mouth.
>>68628966
Why are you talking to yourself?
Jews.
>>68629145
Nice rebuttal you tard.
>>68629285
Address this, kazim.
>68628049
>>68623949
> They control a very sensitive part of our lifestyle
By choice.
I have no sympathy for morons who take out unreasonable loans with banks. It's not the bank's fault they can't pay it off.
I don't hate Banks in general, but I think the practices that the many of them perform are ethically wrong and it's very fucked up as they take advantage of the poor.
2 years ago I had no job beyond temp garbage, just living off my savings and having to resort to asking for loans from my parents. Well my Bank account (Citi) went under $1500 and as a result they started taking I think $12 from my account. It's a small amount of money yes but it really pissed me off and still upsets me. It doesn't cost Citibank money for me to keep an account in their, they make shitloads of money off what people put in their accounts and we in exchange get these crappy brownie points like Frequent Flyer miles or whatever.
My grandparents kept money under their mattresses, I wish I could do the same but unfortunately heating, water, and electricity companies want to be paid digitally. So I'm stuck with banks out of convenience not because they save me money if anything they take away.
>>68629379
I'm mad at both. The one who buys politicians and the one who gets bought.
I don't care to argue and I'll leave the thread now but if you seriously don't agree with that all banter aside, you're pretty stupid.
>>68629614
I hate banks, they have too much power.
>>68629617
You're the one who is saying that anyone who doesn't agree with you is stupid. What kind of unattractive attitude is that? There is no reason to hate an entire institution because of some bad apples here and there. Don't let poverty define you.
>>68629006
>Automatic payroll transfer from secure account goes into someones checking accounts at 12:01 AM
>Bank decides to "hold it" without justification as there is no verification process needed.
>Bank then decides to shuffle around account debits to maximize overdraft fees, regardless of time said debits were scheduled
>Bank rakes in money by cooking books and robbing people.
>You are okay with this because you like the taste of jewish cock
Fuck off shlomo.
>>68629853
I bet you're jewish yourself. Just poor. Financially and heightly.
>>68629853
That's why I only put Cash in my bank account. I actually go to my local casino with my paystub and they pay me out Cash hoping I gamble it away (which I might give them $20 for fun).
Banks can't fuck around verifying hundred dollar bills.
https://www.youtube.com/watch?v=PHe0bXAIuk0
>>68629853
You know, that wouldn't be an issue in the first place if you made at the very least lower six figures like $100k
>>68630567
Not everyone is rich Anon.
>>68630674
Is that considered rich in America?
>>68629455
The bank is the counter party so yes, the banks do share the burden.
>trusting banks at all
Fucking LOL.
https://www.youtube.com/watch?v=u0hV9AT56k4
>>68631061
This inspires me to make my own video with very serious robotic voice and film footage of people walking in the city. This is an industry on its own. My god.
>>68623839
America needs another Andrew Jackson.
>>68631245
No you don't.
>>68631220
Peter Baker's voice is seductive
>>68623839
>Is it because they're pleb at life and have to rely on loans?
Pretty much. Banks and wall street are easy scapegoats for idiots. Most of them don't even understand the very basics of economics.
