Daily PUMA Column - Commentary by Alessandro Machi

Showing posts with label Change in Terms. Show all posts
Showing posts with label Change in Terms. Show all posts

Tuesday, September 1, 2009

Comptroller of the Currency FAILS to rescue Chase Bank Customers just when they needed the Office of the Comptroller of the Currency most.

Here is a copy of the coyly worded Chase Bank Proviso the Comptroller of the Currency has left in so that Chase Bank can Defile and Default their customers out of their low interest, life of the loan credit agreements that were already in place. I had to cut and paste it as two sections because it started on the end of the first page, third column, and continued on the first column of the next page. There are no words missing between the first part and the second.
This is patently in correct, and I am surprised the Comptroller of the Currency would include this Chase Bank proviso in the credit card reform bill.
Paying down 2% of the minimum can in fact pay off a credit card in a timely fashion, it just depends on WHAT THE INTEREST RATE IS! If the interest rate is LOW, then even a 2% monthly minimum payment is PLENTY to pay down the debt in a reasonable amount of time.
There are times where high interest rates enslave a consumer and they can only tread water. Then there are times when a consumer has EARNED a low interest rate offer because of a stellar payment history. LEAVE THESE LOW INTEREST RATE PEOPLE ALONE!
The one million Chase Bank customers that Chase Bank is TARGETING ALL HAVE INTEREST RATES UNDER 6%! RAISING THEIR MONTHLY MINIMUM PAYMENT IS HURTING THEM FINANCIALLY IF THEY HAVE OTHER DEBT AT HIGHER INTEREST RATES.
This is highway robbery being committed by Chase Bank, and the Comptroller of the Currency seems to be aiding and abetting Chase Bank.
If you are hopping made about this wording please call (202) 874-5750 and tell the Community and Consumer Law Division of the Comptroller of the Currency that this section of the credit card reform bill must be changed so that people who are paying off higher credit card interest rate charges don't LOSE MONEY by now having to pay off low interest rate credit cards at a faster rate!
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.

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.

Monday, June 1, 2009

Barack Obama wants to Hear From YOU!


Let Barack Obama know what is on your mind. I think you have until June 02, midnight, 2009 to let him know. Here is the link.

It looks like there is one issue that is heads and shoulders above the others by the name of "Let me see your papers", aka Birth Certificate.

For me there is a second issue, and that is the right to OPT OUT of any financial agreement when there is a proposed change in terms by the bank or credit card company. When a bank or credit card company wants to change the original agreement that both sides had been honoring, citizens should have the right to opt out, also known as, just say no.
Edit update, well, there have been 38 yes's to my OPT OUT as a consumer right, and only 3 or 4 no's. Sadly, two of those no's were from wanna be PUMA's who were so rabidly for Barack Obama revealing his birth certificate, they just spammed other topics and voted no against anything that was not about the Barack Obama certificate.  Of the 38 yes votes for my OPT OUT topic, most of them have come from outside of this blog. That is kind of a wake up call for me.
I am struggling with how PUMA's can be for Barack Obama revealing his birth certificate, but be ambivalent towards fighting so their neighbors don't lose their homes to unfair and usurious credit card interest rate increase tactics that are also suffocating the local economies all over the country, which actually affects everybody.

Monday, April 13, 2009

Tea Party Protest Do's and Dont's. What NOT to Write on your Protest Sign if you don't want to be labeled a loon or Republican Operative by the Media.

Tea Party Protests started yesterday, April 11, 2009. My concern was that if Barack Obama, his alleged citizenship status, or if socialism, fascism, the bailout or the constitution were mentioned in any way, the protests would be labeled as Republican driven, making the protests somewhat easy to dismiss as the rantings of "bitter" Republicans or conspiracy types.

Apparently, in Los Angeles, that is sort of how the Chase Bank Studio City Protest event was reported by KABC-7 News. The Studio City location that I was invited to attend on Saturday had approximately 2 to 3 dozen protestors. Most of the protest signs were about issues that the protestors felt passionately about, but they did not convey a unified message. Because the protest was in front of a Chase Bank, I was able to use my "Chase, Keep your word" protest sign, along with my Daily-Protest.com sign.

-----rest of article below---------------

JOHN ZIEGLER ACROSS AMERICA TOUR
CLICK HERE TO SEE MEDIA MALPRACTICE SCHEDULE


------article continued below-----------

I believe that going after the banks and their cheating and thieving ways is neither a Republican or Democratic position. I fear that the April 15th Tea Party's are going to be minimized with accusations of Republican manipulation. FOX Promo doing more harm than good.

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Exposing the illegal suctioning of money from the middle class by the banks via change in terms on millions of credit card accounts is a big enough issue to be mad about.
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Exposing the theft of Frequent Flyer miles from American Express consumers so Citibank can acquire them in exchange for cushy loan deals with American Airlines is another non partisan issue.

On the Crooks and Liars website, notice how the Studio City, CA Tea Party Protest Discussion takes a turn for the positive when the discussion changes from labeling the protestors as bitter republican protestors to discussion about how Chase Bank is harming hundreds of thousands of trustworthy americans.

Rather than protest about Barack Obama, fascism, socialism, natural born, or the bailout itself, I believe if the April 15th tea party protests could focus on something most of americans agree on, we can change that one thing, rather than just be minimized by the media as being a republican based protest.

So I am asking, do you want to have the right to have your very specific protest heard and obfuscated by the media, or do you want to help affect change and save millions of americans upcoming grief when they open up their credit card statement and see a low interest life of the loan offer balloon from 2% to 5%, aka 200 dollars to 500 dollars a month payment!

At the Studio City Tea Party Protest, I was the only one protesting against Chase Bank and their illegal and incredibly destructive, anti-family credit card billing tactics even though the protest was in front of Chase bank, yet I got a much more positive response than any other cause being protested that day.

I don't just want to be heard, I want to help affect change that can instantly benefit millions of americans from the hostile, insensitive and illegal actions the credit card companies have spawned.

Saturday, April 11, 2009

TEA PARTY PROTESTS START TODAY, APRIL 11TH, 2009 COME OUT to STUDIO CITY, CA. CHASE BANK, 12051 Ventura Blvd, JOIN the PROTEST AGAINST CHASE BANK!

(Edit Note-Please see the more current Tea Party Article as well. TEA PARTY PROTEST DO's and DONT's.

If you live in LA, you are invited to a Studio City Tea Party Protest in front of the Washington Mutual Bank/CHASE BANK in Studio City.

Time: 1:30 - 4:30pm

APRIL 11, 2009 TEA PARTY PROTEST DAY, MEET US IN STUDIO CITY AT...

Date: April 11, 2009 (Saturday)

Where: Studio City
(on the corner of Laurel Canyon Avenue and Ventura Blvd)

Address: Washington Mutual Bank (Now CHASE BANK) 12051 Ventura Boulevard, Studio City, CA 91604.

BE A PROUD AMERICAN
JOIN A TEA PARTY

TEA PARTY and PROTEST
STUDIO CITY, CALIFORNIA


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My Daily-Protests started last Monday, but this is the kick off of the nationwide TEA PARTY protests that will be running through April 15th. I plan on continuing after April 15th because there are specific, illegal things being done by the Credit Card companies that need to be immediately stopped, reversed, and apologies set forth by the executive boards of everyone of the major credit card companies. If you are interested in joining any of the protests, the goal of Daily-Protest.com is to donate one hour a day to protesting at a Chase Bank in your area.

You can learn more at Daily-Protest.com

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