ABC News: Bank Transfer Day Signals Backlash

[mucifer]

Run time: 02:04 https://www.youtube.com/watch?v=cTzFdworUI0   Posted on YouTube: November 05, 2011 By YouTube Member: ABCNews Views on YouTube: 3594   Posted on DU: November 06, 2011 By DU Member: mucifer Views on DU: 3174

 
A Positive news story from the msm.

[xchrom]

1. excellent. nt

[Bjorn Against]

2. The end of that video shows just how out of touch the banks are

The banks are saying that no matter what happens they will "have to recoup the revenues" lost from people pulling their money out of the bank. And their way to recoup their revenues. More fees! They could reduce executive compensation or they could live with lower profits, but no they can't have their elites have to live as mere millionaires when they could be billionaires. They have to take from their customers instead despite the fact that more and more of their customers are figuring out that they can avoid these fees by moving their money to a credit union. The banks are obviously not learning their lesson, and I look forward to seeing more and more people ditch them.

[Frustratedlady]

4. I don't understand why the larger banks need to raise fees when the smaller banks

offer free services. I won't be leaving my present bank, as I pay no fees (and, earn decent interest) on my accounts/debit card. If small town America can do it, so can they. Of course, they would have to give up their obscene bonuses and perks, but what the hey? At least they'll then belong to the 99%...or, at least be closer to normal.

[pauldg0]

13. They must be broken up to smaller banks or closed....

... bring on Liz Warren!!!!

[Douglas Carpenter]

3. knr..this is fantastic

http://www.youtube.com/watch?v=cTzFdworUI0

[AsahinaKimi]

5. Screw the big banks..

Let them go to CHINA for a loan.

[NCcoast]

6. I'll say it again...

Did anyone else notice that anger over foreclosures and bailouts were never mentioned? According to ABC we're all upset about a $5 debit card charge or some other fees. Ah ABC... creators of 'The Path to 9/11' in which they fabricated events where the Clinton administration allowed Bin Laden to escape. They wouldn't allow former Clinton officials to preview the film and partnered with Scholastic Books to place a copy in ever school in America for free. Spending $40 million on the effort. No ABC/Disney/Mickey f*in' Mouse, I haven't forgotten.

[KansDem]

14. I noticed...

No mention of how we were ripped off due to their malfeasance and criminal actions, then Congress using our tax money to bail them out...with bonuses!

No...it was all because of a "$5 fee."

[greiner3]

7. I don't understand why;

YouTube would have disabled comments on this video. There were only 6,000 views as of 11:00 Sunday. Maybe the bank trolls were out in force and jumped on this video.

[Mosaic]

8. Unrec for ABC saying banks need to 'recoup their losses'

Sorry about that.

[mucifer]

9. I understand your reasoning. But, just airing this 2 minute piece reminds people we have options. nt

:)

[PatrynXX]

10. loopholes for overdrafts

just found that out. they still apply if you use a check and it's really bad now was $29, now $36

and they know I'm closing..

[blackspade]

11. The big banks will have to recoup?

That means they will just hemorrhage more customers.
Have at it big banks!

[Moostache]

12. My money is leaving the big bank system and its never going back.

Fuck them all.

They can suck my ass if they want anything from me...free of charge.