Fury at banks sends windfall to credit unions (bias, economic, Chicago)

[MrRational]

Good for them.

I'm waiting for the actual deposit amounts involved.
Or at least the avg per new transferring customer.

The CU's (I suspect) may not be quite so please they're getting many of these customers...
once they've had a few months to evaluate.

[walidm]

Originally Posted by lifelongMOgal

Hate to rain on y'all's parade, but:

Once The FED and Obama are successful in crashing the US dollar it won't matter anymore. Everyone will be forced onto the plantation of digital money and you will be charged for the privilege of participating in the economy in any and every way. It is only a matter of time.

Neither the Fed nor the Office of President would ever crash the US dollar nor will we be giving up the printing press anytime soon.

[walidm]

Originally Posted by MrRational

The CU's (I suspect) may not be quite so please they're getting many of these customers...
once they've had a few months to evaluate.

Why wouldn't they?

Don't the advantages for members increase with membership?

[crbcrbrgv]

Originally Posted by lifelongMOgal

Hate to rain on y'all's parade, but:

Once The FED and Obama are successful in crashing the US dollar it won't matter anymore. Everyone will be forced onto the plantation of digital money and you will be charged for the privilege of participating in the economy in any and every way. It is only a matter of time.

That would take beyond 2012 to accomplish.

Are you finally admitting there will be 8 years of Obama?

[texdav]

The only thing chnaging is by laws that require the service fees to be more individtual to service a account.Many fees are eliminated.Its the same as what is happening to crdit cards. they in fact want to eliminate mnay accoutnts because they are not qworth servicingthus fees on them. In fact mnay investment banks are lookig at getting out fo the banking end to be aqble to invest their own maoney because its more profitable since law on that has chnaged.For se it means the end of freeservices and for tohers not because they have acounts worth giving the free services.That is really the intent of the law really in influencing borrowers and lenders by shwig what service cost and decisio making thereby.

[davehalo]

Originally Posted by sanrene

Good. That's how the free market is supposed to work.

what free market?

what we have is regulated capitalism?

or do you want something akin to the 1870's to early 1900's?

or better yet what we see in unregulated countries....i.e. 3rd world countries?

we don't have 'free markets'...i'll stuff my money under a mattress if we ever go back to the 'good ol'days before regulation'...

[davehalo]

Originally Posted by lifelongMOgal

Hate to rain on y'all's parade, but:

Once The FED and Obama are successful in crashing the US dollar it won't matter anymore. Everyone will be forced onto the plantation of digital money and you will be charged for the privilege of participating in the economy in any and every way. It is only a matter of time.

that would be interesting if the FED and wallstreet were siblings in bed with each other. what's good for the FED is good for wallstreet and vice versa...doesn't mean its good for the 80-90% of americans though.

btw you do realize who wallstreet gives most of their money to don't you? those who want to deregulate and return us to the good ol days

[crone]

There has been no free market in my lifetime. The government is always rewarding their friends and punishing their enemies with tax dollars. Does not matter what party is in power.

[MrRational]

Originally Posted by walidm

Why wouldn't they?
Don't the advantages for members increase with membership?

think about the last 30 deals you closed
then think about the other 200 people you dealt with at the same time... that didn't close

think about the last 30 deals you closed
then think about which ones you would be just as pleased to have not had.

[mb1547]

Sanrene--I could fall off my chair--we found something to agree on!