The Cellar - View Single Post

tw · 03-02-2013, 08:58 PM

Many are encouraged to use a 'trust me' attitude. Everything in life must involve perspective. Too many do not automatically demand hard numbers, in part, because so many are encouraged to think in terms of black and white. “We will tell you what to think.” Extremist can enrich and empower themselves by mocking those who provide facts with numbers.

Banks think their purpose is profits; screw the customer. Making banks little different from the mafia. Banks routinely ignore innovation that would reduce costs. To make possible services to the poorest Americans. Their ‘profits’ attitude from business schools leave so many consumers dependent on money orders, pawn shops, pay-day loans, and no savings.

Those who least afford the most expensive financial services are stuck using them. Payday loans are money borrowed at 300% interest. Who created these payday services? Investigations discovered that when banks were banned from offering them, then banks simply created shell companies to provide payday loans at 300% interest. Because many banks are little different from the mafia – that also does loan sharking; screw the customer.

Norristown is not a ghetto. But it reflects today what was created after Clinton left office. A legacy of ARMs, tax cuts, wars, blame the workers, and trickle down economic myths. Made worse by institutions and politicians that encourage everyone to know by ignoring numbers. Who even approve of shorting pension funds to make profits look better.

How many appreciate the foolishness (perspective) of a credit card with an outstanding balance? Anyone doing that is only enriching the rich at their own personal expense. Why, by percentage, do Americans more than any other nation not even have a bank account? Many no longer learn in daily activities that everything has perspective defined by numbers. No wonder some argue over $2 for a money order when bill payments via a bank account should be and could be free.

Only one reason why Norristown, county seat of a richest county, acts much like a ghetto.

03-02-2013, 08:58 PM	#581
tw Read? I only know how to write. Join Date: Jan 2001 Posts: 11,933	Many are encouraged to use a 'trust me' attitude. Everything in life must involve perspective. Too many do not automatically demand hard numbers, in part, because so many are encouraged to think in terms of black and white. “We will tell you what to think.” Extremist can enrich and empower themselves by mocking those who provide facts with numbers. Banks think their purpose is profits; screw the customer. Making banks little different from the mafia. Banks routinely ignore innovation that would reduce costs. To make possible services to the poorest Americans. Their ‘profits’ attitude from business schools leave so many consumers dependent on money orders, pawn shops, pay-day loans, and no savings. Those who least afford the most expensive financial services are stuck using them. Payday loans are money borrowed at 300% interest. Who created these payday services? Investigations discovered that when banks were banned from offering them, then banks simply created shell companies to provide payday loans at 300% interest. Because many banks are little different from the mafia – that also does loan sharking; screw the customer. Norristown is not a ghetto. But it reflects today what was created after Clinton left office. A legacy of ARMs, tax cuts, wars, blame the workers, and trickle down economic myths. Made worse by institutions and politicians that encourage everyone to know by ignoring numbers. Who even approve of shorting pension funds to make profits look better. How many appreciate the foolishness (perspective) of a credit card with an outstanding balance? Anyone doing that is only enriching the rich at their own personal expense. Why, by percentage, do Americans more than any other nation not even have a bank account? Many no longer learn in daily activities that everything has perspective defined by numbers. No wonder some argue over $2 for a money order when bill payments via a bank account should be and could be free. Only one reason why Norristown, county seat of a richest county, acts much like a ghetto.