letters and counting!
Bank of America | 0
To Bank of America: You were bailed out by the government. Your executives have maintained their lavish lifestyles and bonuses. Yet you continue to drive under those of your customers who can least afford to keep you in the manner to which you've become accustomed. You built the debit-card scenario and now that it's so deeply entrenched in customers' lives you want to charge a monthly fee to USE the card for anything other than ATM transactions -- unless the customer maintains a $1,500 balance. Guess what? There's millions of people who have no way of maintaining that balance, some who can't maintain much of a balance at all because they're surviving layoffs and a complete turnaround of their lives. For some that $5 means the difference between having and not having milk -- think about that the next time you're out for a lobster dinner. BoA stole nearly $300 from me in fees because they played fast and loose with a large deposit -- it was there in my account (NOT in pending status I might add) I released checks against the funds and then -- poof! -- the deposit was no longer there. So all those checks I'd released bounced -- $35, $35, $35 etc. And your 800 customer service is a joke. They're well trained to be polite when they're quoting 'go jump in the lake' policy. I've been trying to close a checking account that hasn't been used and costs me $12 a month but I can't seem to get anyone in your organization to help me do it. Is it any wonder why people are so angry with you? YOU get federal monies to bail you out. YOU keep living high on the hog. Your still-wealthy customers have none of their money touched. But those who have been laid off, who are struggling to meet their monthly bills? THEY are the ones you keep coming after. SHAME ON YOU. Barbara Cann 01801
Dear Mr. Rich Guy, I wondered, how many bathrooms does a rich, rich guy like you have in his big fancy house? I would imagine probably an average of 2.5 bathrooms per person, all with gold-lined toilet seats, taps, and real fur bathmats? It must feel nice to sit on your fancy seat and not have to think about the poor people who don’t have a bucket to pee in! Because, Mr. Rich, your bank got their tax dollars! What did you do with the taxpayer’s bailout money sir? Did you have caviar or have a business lunch in some fancy restaurant at $1,000 a pop?! You must be so proud of being one of the elite, that lucky 1% who gets to steal the money from us commoners. Enjoy pooping in your 2.5 toilets!
We bailed you and all the other banks out, you cut big bonus checks, I don’t know if you personally got one but you probably did. Now you are foreclosing on everybody’s homes and instituting new fees for the use of your debit cards. We are really tired of all the banking corruption. Tired of using your bank and tired of the Federal Reserve controlling our cash. I just wanted to let you know that I personally put together an event on facebook that many many people signed up for to go close their bank of America accounts on Friday while other people were just cashing pay checks. I was very happy to participate in that event.
Dear Crandall - Wall Street greed is one thing. Nothing we can do about that. However, Wall Street has taken over our political system via political donations and lobbyists (the weak politicians are another problem). Just because something is good for quarterly profits does not make it good for your company in the long run, and it certainly doesn’t make it right. While I disagree that corporations are people, they are filled with people - who should be doing the right thing (at least most of the time). Why am I angry? JP Morgan and the other financial institutions who were gambling and making HUGE profits ignored the warnings that it could all come crashing down. But, you know what? You didn’t need to worry because you had manipulated our political system to make sure you’d get bailed out. That is not capitalism. That is gambling with no risk of actually losing. And, it’s wrong. The people who took on subprime junk mortgages were also wrong to do so, but for the most part they are stuck dealing with their bad decisions. No one has bailed them out. So, you all crashed the system, got bailed out and have moved on collecting huge salaries and living in your own little world - while the rest of us are still trying to recover from the mess you made. I want strong government regulations. I want banks that are not too big to fail, so that when you risk everything for more and more money, YOU are the ones who pay when you lose that bet. That’s what I want. - Amber Moore P.S. My brother hasn’t had full-time employment in nearly three years. He has three young children. My mother (who has survived breast cancer three times) wants to retire and should be able to retire with dignity, but her life savings were wiped out. Thank you.
Thank you! | 0
I just wanted to thank you for everything you’ve done for our country and our economy! We have been reaping the rewards for the last few years, and it’s been AMAZING!! If my parents hadn’t lost their retirement investments, they might have actually quit working at 65. Now- they get to keep working- but this time for minimum wage! I think the fact that they’re earning the same $ that their grandsons are helps keep them close! So, I’m hoping we can be penpals. I’ll keep you posted on how my folks are doing, and you can send me vacation pictures! BFF, jana christy
Dear Elaine, I don’t think you should feel so good about serving on the board of Wells Fargo after you hear this! Do you realize that it took me three months and two letters to the SEC to get Wells Fargo to release MY IRA MONEY to Bangor Savings here in Maine? Part of the reason for this is that I was not allowed to communicate via email and/or letter with any of the people that were supposed to be listening to me about what I wanted to do with MY MONEY. So I had to take notes during phone calls and then transpose the information. I really should be sending YOU a bill for my time doing this. I hope to hear back from you very soon.
I am a social worker in the mental health profession who experienced degradation of my profession by Ronald Reagan as I began my career in 1980. I earned an advanced degree in the 90's which allowed me to increase my earnings from $15,000 per year to $27,000 per year. I worked full time while earning my master's degree and borrowed money to pay for tuition. I now earn $43,000 per year after receiving a 1.7% raise this year and after not receiving a raise for 4 years. I receive an annual longevity bonus of around $2,100 per year. I have a 401 K plan and invest in a Roth IRA. I have worked 41 years in both the public and private sectors. I will receive social security and a government retirement if and when I am able to retire unless those entities go away, which is likely because Republican leaders tell us that our country is broke and want to cut all entitlement programs. We were not too broke to bail out big financial institutions two years ago or go to war in Iraq i! n 2003. I saw a major drop in my 401K plan in 2009 thanks to companies that ignored their fiduciary responsibilites at the very least and cheated the public by selling derivitives they knew were useless. I experienced a drop in my medical insurance benefits this year. I am unable to afford the upkeep on my house which I purchased in 1980. I have not had a vacation since 1997 and will not purchase a computer at home because of the expense. I watch the financial news network every day in an attempt to better myself. The last time I purchased a new car was in 1979 and the last car I purchased was in 1996. It is now 11 years old and I do not see being able to purchase another car in the near future. I occasionally use my car on the job. There are two mortgages on my house. I plan to pay off the first mortgage in 2014 and the second one in 2019 around my 70th birthday. Before the Wall Street calamity in 2009 I planned to retire at age 66. Any threats to raise the retirement age are moot to me because that has already happened thanks to Wall Street. I am in contact with poor people in my work life and in my personal life. Last Friday at 7:30 a.m. on my way to work I saw a man walking down the street with a grocery cart picking up aluminum cans. He must walk miles to get them recycled. I stopped and added a small bag of cans to his cart. I live with uncertainty every day of my life and cringe when I hear that "job creators cannot create jobs because of uncertainty." There are no guarantees in life and it is an insult to think that our government should keep taxes low in order to gain jobs. Clinton created more jobs than Bush and everyone paid higher taxes. If my taxes were lower I would spend more money that would benefit corporate America's bottom line. There are 403 billionaires in this country who can afford to pay higher taxes, create jobs and still party like its 1999. May God bless them and each and every one of us. Nancy Greenwalt 38107
Hello Fellow Earthling I appeal to you today not as an enemy (becasue of our diference in opinon and paychecks) but as a fellow human being, You've rode the dragon, its been great, you've made your millions (be it at the expense of others and the planet) but now it is time to take a step back and look at what you have really achieved, and what legacy you have left for the future generations (of which your children are a part of). Your greed has caused the deaths of thousands due to starvation, droughts, extreme weather conditions, financial collapse, debt, curable illnesses, war and the the monetary regeim as a whole. What a legacy to leave behind! You can stand in your high rise buildings sipping champaign laughing, while unrest growns beneath your feet, but know this: EVERYONE gets what they deserve in the end, one way or another. But the good news is, it is not too late! I have faith in humanity and cling to the hope that somewhere within your weathered soul and worndown principles you know deep down that you have to change and you can make a difference! Please! Stand up and be counted! Act now before its too late! But if your heart has become too darkend by the smog of capitalism and greed, if you have lost that final connection with the spirit of humanity, if you look at the starving children of Africa and cannot regonise that you have had a part in it or feel any sense of responsibility for it, but think only of how it has made you filthy rich, remeber this: Small Axe (Bob Marley) Why boasteth thyself Oh, evil men Playing smart And not being clever? I said, you're working iniquity To achieve vanity But the goodness of Jah, Jah Endureth forever So if you are the big tree We are the small axe Ready to cut you down To cut you down These are the words Of my master, keep on tellin' me No weak heart Shall prosper And whosoever diggeth a pit Shall fall in it, fall in it And whosoever diggeth a pit Shall fall in it. And whosoever diggeth a pit Shall bury in it And whosoever diggeth a pit Shall bury in it If you are the big, big tree We are the small axe Ready to cut you down To cut you down If you are the big, big tree, let me tell you that We are the small axe Ready to cut you down To cut you down To cut you down. Rebecca Henderson London, United Kingdom, ot SW15 5HD
Please step into the light and embrace the energy of balance. This earth is to be shared and honored, not owned and manipulated to benefit a few at the expensense of the many. It is a time of bringing all life into harmony with the highest good of all that is. Use your talent and intelligence to help fix this earth, not exploit it. All people deserve to live their dream and this earth has plenty to go around. Let go of the fear that is driving the greed and earth will become a wonderful place once again. Nikki Brooker 80904
Your Action Content This is all you can call it when shareholders are loosing money and the corporate heads are getting big payouts. This is criminal when in America do we reward someone for failing. This is what us shareholder say. Wall street and the speculators that never see a barrel of oil but drive the price up for Americans should be band. The capital can and trans action should be taxed for no another reason but to pay down the National debt. I realize you took advantage of congress making laws that let you take advantage of the housing bubble. You have brought the world down with your greed and now it time to pay the piper. kEVIN Burns 98087
Taxes and jobs | 0
We know that your shameful behavior has plunged our nation into financial crisis from which we may never recover. We know that you have used your money influence to buy congress. Now congress never thinks of the people, but thinks only of you. We have lost more than anyone can imagine because of your dishonest behavior. We have been told that if you continue to get tax breaks started in the Bush era, that you and corporations will create jobs. Where are the jobs???? The people are becoming despondent over this situation. We want you to relinquish control of congress and give us back the America we deserve. Jack and Betty Lindsey 32526
Our money bailed you out for your bad business decisions. It's time to start paying us back with resonable mortgage financing and not adding extra costs on us. Michele Nihipali 96717
BS | 0
I don't have a special story. I just am fed up with the bullshit. Can I stand by while my friends, relatives and neighbors have lost their pensions, thier homes, and all means of supporting themselves? How can money circulate when corporations and banks have it most of it, but refuse to pay wages and benefits that enable the rest of us to buy goods and services that support the economy? How do they expect the economy to recover if they charge based on greed rather than value? 70% of the American economy depends on CONSUMPTION. These entities helped make it that way, now they want to eliminate consumer income, and take more than their share of outgo. Sandra Cole 98684
If my family had "invested" our money by burying it in a hole in the ground, after 30 years we'd have just as much money as we have now. Middle class investments, over time, do not grow. If they go up, then they go down just as much or more. EIther the interest rates or inflation are usually laughable. My best bet would have been to keep it all in a safety deposit box so you and thieves (I repeat myself.) couldn't steal it. My brother the stockbroker has been heavily subsidized by my sister the board certified radiologist in recent years. Even he can't get a break. If we just give you all our money & live in tents & bow & kiss your feet, then will you be satisfied? I didn't think so. Skank of America, Shitti Group, Goldfinger Group Sex Group, More Than Studly, Well Farted, you are just overpaid flim flam men. Your corporations are persons only in the same sense that Zeus was i.e. entirely imaginary. Like Tinkerbell, if we all stop clapping you will disappear. In the words of the Three Stooges, "Salami, salami, baloney." Jean Alford 32812
Watch your back! | 0
Are you feeling nervous yet? Good! You should should be very careful these days. Thomas Riis 92108
Social Justice | 0
Dear Bank of ________, I regrettably use your services, but am planning to remove my account to a local bank. To get bail out money and then to refuse to work with the poor who got no bail out, is unconscionable. When people ask to have their mortgage refinanced and you refuse, but then reverse yourself when 200 "occupiers" show up to support the homeowner is indicative of your greed. Only embarrassment ends your devouring of the poor, not conscience. Greed is a disease that erodes the lives of others and will eventually destroy your own. Long term existance depends on mutual care and concern for all of life. Stop sucking the life out of the poor and thereby enrich your own life with a sense of dignity. Mona Kandeler 78209
You stole my home with your foreclosure frauds, then you and Wells Fargo stole my money when I tried to pay for my college housing, then TCF didn't warn me about overspending and now you bastards demand more money from me? You don't deserve a damn thing from me. Johann Hollar 55119
Taking our retirement, betting against us to lose our homes, sending our jobs overseas, and charging us like we don't even belong to this Country, while you make profits you couldn't spend in a lifetime. Maybe you should move overseas, and let us stay here and work with companies that actually respect our citizens and the Country they reside in. shannon olsen 97006
I used to be a newspaper reporter, but was poisoned by pressroom chemicals that wafted into the newsroom, and that created chemical hypersensitivity and an overactive immune system. I had to quit my job to avoid further exposure that would cause cancer and or death. Since I cannot take a conventional 9-5 job due to my health issues, I've turned to my arts and crafts talents. I did "well" (about $16,000 annually) until the recent couple of years. My income now is less than $1000 per month. Out of that I have to buy health supplements that keep me alive and functional. They are not cheap. Every year recently my income has become smaller, even though I'm constantly trying to find new ways to earn more. But my customers cannot spend if their incomes are also shrinking. Who is going to buy your products and support YOUR economy? Your economic politics have sickened the planet as well as the workplace, and costs taxpayers, while you whine about even having to pay your minimal share of taxes. We would need few social programs if everyone was paid what it requires to live today. You fight that tooth and nail. It is a clear indicator that you are mercenaries for money. But you need to realize that everyone does well when everyone does well. And the other 98% are people who need to do well. That is the bottom line. Sincerely, Lorraine Marie Lorraine Marie 99114
Hi, I just wanted to pass along my story of how I bought into the myth of the American Dream, and it blew up in my face. My wife and I were expecting our first child in 2005, and we thought we needed to settle down, find a safe, secure place for our growing family. We bought into a housing market that was climbing at unprecedented rates. We bought far less house than was available to us because the prices were so incredibly high, and we knew what we could realistically afford. We put $35,000 cash down. We locked in a low, fixed rate. We put another $25,000 into the house to fix some issues, replace the roof after a couple of years, and general maintenance. You know, to "protect our investment." In 2008, we watched our home value plummet. We cringed a bit, but our home was still worth the amount of our mortgage, so we stuck it out. Since then, we have watched our home value crumble, along with the safety of the surrounding neighborhood. Right now, our house is worth about $30,000 less than our mortgage. That $60,000 cash we put into it is long gone, and now we're just renting from the bank. The neighborhood is deteriorating because people can no longer afford the upkeep, and I'm certain the banks won't step in to protect their investments. We have since learned that the housing market was artificially inflated by banks doling out easy money. Many of those easy mortgages were given to people who had no ability to pay for them, thus they were preyed upon by unscrupulous lenders. And then those "toxic" mortgages were rolled into AAA securities that eventually killed what were usually very safe bets. This makes me think the housing crash of 2008 was not an unfortunate accident, but rather the fallout of careless gambling and calculated, short-term greed. We were set up. I don't expect you to do anything about it. I'd rather you just get out of the way so the rest of the country can start rebuilding. Take your business to Greece, or Ireland. Oh wait, you already bankrupted those countries. I guess the US was just the next target. John Farley 08901
My family | 0
Your careless or planned crash of the world economy has taken away the life that I worked so hard for over 35yrs. My home equity has been cut in half, as well as my retirement. Can you imagine how this would impact your family. Also I think when you forclose you should keep paying the taxes on the propertys!! John 97701
Your Action Content Just to let you know how appreciative some of us are for the more than 25% reduction in my net worth thanks to your greed and recklessness. james keats 01119
Your Action Content Tony Alberico 12466
Change or else | 0
1. Pay your taxes, when I personally pay more than corporations like GE who make billions in profits, there is something horribly wrong. 2. Pay your fair share, I'm tired of paying for the infrastructure your corporations come to depend on. 3. Corporations are not people, get your money out of my government. 4. Real Financial reform so you can't stick it to us again. Do all of the above and you'll sleep better knowing you're not going to hell when you die. Ellen Welden 53222
To whom it may concern, Elizabeth Warren put it best by saying you all got there because of the fertile ground laid by all tax paying citizens. It's time you reciprocated in order to keep the soil fertile for the America's next generations of entrepanuers by paying your fair share of taxes no loop holes or finnagaling. Steve Hosmer 86001