Quote:
Originally Posted by Hatterasguy
What pisses me off about the banks is we bailed them out, they are sitting on piles of cash, and instead of lending it to get the economy going they rather sit on it and rack us their customers over the coals for BS fee's instead.
Should have let the SOB's go bankrupt.
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I thought that some of the banks were FORCED to take the money under govt laws? IIRC, that was why Wells Fargo bought over Wachovia. Either way, why do you think they should simply lend you money just for your betterment? You figure they owe you something? If so, you should have specified that in the contract that says "IF YOU TAKE THIS MONEY, YOU MUST.......". Sorry, if you didn't specify, that is your stupidity.
Yes we should have let them all go bankrupt. Let those that are fit to survive go on. Those that are not fit, too bad. Problem is we want it both ways. We don't want the pain of them going under and then rebuilding stronger but we insist on keeping them going at the way they are going. If you cannot survive, close. It is that simple. People didn't gripe when the banks were lending money freely and they were making money. Sorry, for better or for worse. Take both or none.