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.

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

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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.

DAILY-PROTEST dot com is now online and Chase Credit Card is the first target.

The biggest threat to millions of americans may just be the change in terms to ALREADY EXISTING CREDIT CARD DEBT! Chase Bank has basically decided that they can rework any credit card agreement that they previously offered to their customers at any time, and do it to the severe detriment and hardship of their customrs.

Rather than give an incentive in exchange for changing credit card terms, Chase is actually punishing its customers with their change in term proposals.

Daily-Protest.com has additional stories about credit card companies abusing their best customers. Daily-Protest will also feature any blog that reports on anyone protesting Chase Bank.

But the problem is not just Chase. If Chase gets away with chasing down their past credit card offers and changing them in a manner that will cause tens of thousands of americans to default so Chase can close out less profitable accounts, other credit card companies will be pressured to do the same thing.

If Chase succeeds, other Credit Card Companies WILL FOLLOW.

CitiBank is allegedly about to do the same thing as Chase.

So just what did Chase do? First, Chase offered low interest balance transfers to blue collar, honest, always pay on time customers. Chase and other credit card companies enticed their customers to pay off higher interest debt by offering them low interest balance transfer loans FOR THE LIFE OF THE LOAN. Yes, these magical, 3.99 and 5.99 percent loans were to help the consumer pay off higher interest debt specifically because of a consumers excellent credit history.

Presently, all the attention seems to be on those with negative equity and those behind on their mortgages. I have no problem helping those that badly off to try and get by, but to do it on the backs of the middle class that have been diligently paying down these low interest credit card offers is just outrageous, especially when the middle class cannot afford these changes.

DAILY-PROTEST.com is a network of protest blogs that will be peacefully protesting directly in front of Chase Banks across the nation. There is no money or support being offered. That can surely be found right in your community among those that are about to lose their credit ratings due to the credit card companies mishandling of this situation.

How Come the Biggest Consumer Blogs fall short of condemning condemnable actions by JP Morgan Chase Credit Card?

I have a friend with a Chase credit card. Approximately 2 years ago Chase Bank offered this person a 5.99% balance transfer offer until their loan was paid off. They were required to make a 2% monthly minimum payment. They have good credit and had reduced the loan from 13,500 to 10,000 by dutifully making their monthly payments on time.

Their monthly minimum payment on the 10,000 dollar debt is presently 200 dollars. Chase Credit Card is now going to raise the monthly minimum payment on this account from 2% to 5%. Chase's latest gambit preys on customers who had a good deal with them will probably help ruing their credit rating while robbing them of food to feed their families with. My friend's monthly minimum payment with Chase Bank is set to go from 200 dollars, to 500 dollars!

A three hundred dollar monthly increase is probably going to lead to default for my friend. The problem is not that Chase wants their money nor that they want their money back sooner rather than later. The problem is that Chase set up the rules, the customer completely abided by the rules, and now Chase wants to change those rules WITHOUT GIVING THE CUSTOMER THE RIGHT TO OPT OUT before the changes are made.

Citibank and many if not all other credit card companies have opt out clauses in their credit card policy that protect the consumer. I fear that if Chase is allowed to destroy the concept of "OPT OUT, other credit card companies will follow suit.

My friend can keep their 2% minimum payment option if they agree to have the interest rate raised from 5.99% to 7.99%. This creates the equivalent of an escalating monthly penalty that starts at around 18 dollars a month. However, when we factor in that each and every month 18 extra dollars goes towards interest and 18 less dollars is applied to the PRINCIPLE, the penalty will continue to escalate and extend the life of the loan.

After one year, we are looking at a loss of 500 dollars, and each year forward it will increase at least 100 dollars per year. So this one move by chase will cost my friend 500 dollars this year, 575 dollars next year, 650 dollars the following year. By the time this card is paid off, I am estimating it will cost my friend over 4,000 dollars in extra payments.

Prior to this latest move, Chase began, then eliminated a 10 dollar a month usage fee to anyone using their credit cards. Now Chase has figured out a way to replace a one fee for all with another fee for those who had solid credit that Chase trusted enough to give them a solid loan offer. Is it Chase's goal to first lure, then destroy every tier of middle class customer that presently exists with their bait and switch credit card tactics?

Chase credit card company already had the option of raising my friends rates for a late payment. If JP Morgan Chase Bank wants to so violently change the rules, then please allow your customers the right to OPT OUT and keep the existing agreed upon rules in place. It is the respectful, rightful, and ethical thing to do.

If somebody from the government does not step in and stop what Chase Bank is doing, even as the US Government is giving these same banks billions upon trillions of dollars, then we can all be sure that nothing has "changed".