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Don’t open accounts with JPMorgan Chase, Citigroup and Wells Fargo

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So even after they were bailed out with all of that tax-payer money they refuse to lend.

While inter-bank lending rates have fallen since Congress approved the $700 billion Troubled Asset Relief Program on Oct. 3, most bank lending to consumers remains tight and interest rates high. The average credit-card rate was 14.33 percent on Dec. 16, according to IndexCreditCards.com in Cleveland, almost unchanged from 14.41 percent in October 2007.

This is absolutely pathetic. Just think of how Washington grilled the auto industry executives but have let the banks have a free lunch. I’m not a fan of the big three automakers either, but seriously the government is going to have to open these banks up. If they don’t start lending then I’d say don’t reward them with your deposit accounts.

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  3. JP Morgan Chase another bank you can’t trust

Written by Jason Gooljar

January 5th, 2009 at 10:07 pm

Posted in Corporatism

Tagged with , ,

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  • Anonymous

    I still think that might be the ballsiest bit of dialogue that network TV has ever produced. Not because it dares to say something about Anne Frank, but in the way it perfectly crystallizes the self-absorbed, modern American teenager. That one reaction speaks volumes to everything you feel in your high school years: Moodiness, fluctuating hormones, fear, uncertainty, moments of clarity and weird exhiliration, balanced by a I-gotta-get-out-of-this-place-if-itu2019s-the-last-thing-I-ever-do mentality. But more than anything, http://www.chase.com itu2019s that karmic feeling that your pain is sharper than any pain anybody has ever known. Me, me, me! Poor, poor pitiful, poetic me! You feel trapped and alive at the same instant, and it messes with your head.

  • jerryclatham28

    I still think that might be the ballsiest bit of dialogue that network TV has ever produced. Not because it dares to say something about Anne Frank, but in the way it perfectly crystallizes the self-absorbed, modern American teenager. That one reaction speaks volumes to everything you feel in your high school years: Moodiness, fluctuating hormones, fear, uncertainty, moments of clarity and weird exhiliration, balanced by a I-gotta-get-out-of-this-place-if-it’s-the-last-thing-I-ever-do mentality. But more than anything, http://www.chase.com it’s that karmic feeling that your pain is sharper than any pain anybody has ever known. Me, me, me! Poor, poor pitiful, poetic me! You feel trapped and alive at the same instant, and it messes with your head.