Thursday, October 26, 2017

Big Banks and Billionaires, Winning Again, Trump Style

THE REPUBLICANS and their billionaires benefactors win again, albeit barely, fifty one to fifty. In the microscopic print on your credit card contract it says, although you'd never know it without an electron microscope, that if your local bank is stealing your money, you are not allowed to complain about it by filing a class action lawsuit with other victim's of theft. Instead, you must submit to binding arbitration, mano el mano, just you and the big boys, all alone in a locked room. Just sign here, on the dotted line, welcome to our customer friendly people first community friend of a bank, at eighteen percent interest. sign, bend over, take it, and hey, just look at our enticing sub prime mortgage opportunities, and please visit our online chop shop, serving you and your community, with laon offers and mortgage backed bundled derivatives....The last time I visited my local Bank O' America branch, brick and mortar, there were no longer fruit flavored sugary suckers on the counter, the coffee pot was cold and empty, and some husky well dressed dude with a name tag and shave head got in my space, and asked me what I wanted. He was a trainee. I meekly suggested that he might like to ease up a little on the enthusiasm, but at least I was brave enough not to bolt. The feds, the Consumer Financial protection Agency, bless them, came riding on white stallions to our collective rescue, and levelled the playing field a bit, we the people versus corporate republican America. They put in a rule that class action lawsuits were allowed, especially in situation in which some big bank, say well Fargo, was, just for instance, opening up unwanted accounts for thousands of customers. But Trump and the republicans showed up, like Satan in Faust. It was a tie game, fifty apiece on the floor of the Senate, until VP Pence cast the deciding vote, and its back to binding arbitration, one abused customer at a time, behind locked doors, enduring the decision handed down by a bank appointed arbitrator. Yes, Trump signed it into law. Guess who usually wins the arbitration hearings. Your local, customer friendly, people lending institution, member FDIC. the republicans say they are sparing the common man the burden of frivolous law suits. the democrats say that the average citizen is being deprived of his day in court, and that the system is being once rigged for the billionaires and big banks. who do you believe? and just think, Trump and Pence were all about the little guy, and their support came largely from the very working class stiffs who are now being told to bend over and take it like a man, while the republicans and the billionaires go about the big business of making American great, again.

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