Screw the Banks

EMERGENCY FUNDRAISER

Hey guys, hate to do this but I don’t really have a choice right now. My financial aid department STILL hasn’t given me my money that I need to pay bills and rent and we’re going into October. Rent is due tomorrow and technically it was supposed to be in the mail today, I can stall my landlord for a day or two but that’s about all I have right now. My funds aren’t set to come in until next week sometime which means I need about 780$ in the next three days. My parents don’t have the money and are scrambling to find anything, I don’t have a job due to personal health issues as well as not having a car. I had expected the money to be here last week but because of a banking screw up and the school dragging their feet I my plans went up in smoke. So, please, if you have an extra dollar or five or anything really I would really appreciate it if you donated to my paypal at purplelilypetals@gmail.com

If you don’t have money I completely understand (trust me I do) but if you could please PLEASE reblog this.

Hell once I get the money if you want me to reimburse you I will, just let me know your paypal name. If you want a fic or a rec or a sketch I can do that too I’m really desperate. 

6

in other news, azealia banks has now resorted to being blatantly racist and arguing with 14 year olds who are more articulate and together than she will ever be

please help if you can!!

i just got screwed over by my bank. i’m -$150 in my bank account because of overdraft fees. my severe depression has me freaking out and i hate myself for asking for money.

i still need to buy cat food, pay $300 in vet bills, pay my student loan payment, and get textbooks for school.

i hate asking for money but if you can donate anything i would really appreciate it. or just reblog.

my paypal is mew_blueberri@live.com

thank you so much ✨

"The Big Short" and Bernie's Plan to Bust Up Wall Street

If you haven’t yet seen “The Big Short” – directed and co-written by Adam McKay, based on the non-fiction prize-winning book by Michael Lewis about the housing and credit bubble that triggered the Great Recession — I recommend you do so.

Not only is the movie an enjoyable (if that’s the right word) way to understand how the big banks screwed millions of Americans out of their homes, savings, and jobs – and then got bailed out by taxpayers. It’s also a lesson in why they’re on the way to doing all this again – and how their political power continues to erode laws designed to prevent another crisis and to shield their executives from any accountability.

Most importantly, the movie shows why Bernie Sanders’s plan to break up the biggest banks and reinstate the Glass-Steagall Act (separating investment from commercial banking) is necessary – and why Hillary Clinton’s more modest plan is inadequate. 

I’ll get back to Bernie and Hillary in a moment, but first you need to know why Wall Street wants us to forget what really happened.

The movie gets the story essentially right: Traders on the Street pushed highly-risky mortgage loans, bundled them together into investments that hid the risks, got the major credit-rating agencies to give the bundles Triple-A ratings, and then sold them to unwary investors. It was a fraudulent Ponzi scheme that had to end badly – and it did.

Yet since then, Wall Street and its hired guns (including most current Republican candidates for president) have tried to rewrite this history.

They want us to believe the banks and investment houses were innocent victims of misguided government policies that gave mortgages to poor people who shouldn’t have got them.

That’s pure baloney. The boom in subprime mortgages was concentrated in the private market, not in government. Wall Street itself created the risky mortgage market. It sliced and diced junk mortgages into bundles that hid how bad they were. And it invented the derivatives and CDOs that financed them

The fact is, more than 84 percent of the subprime mortgages in 2006 were issued by private institutions, and nearly 83 percent of the subprime loans that went to low- and moderate-income borrowers that year.

Why has Wall Street been pushing its lie, blaming the government for what happened? And why has the Street (along with its right-wing apologists, and its outlets such as Rupert Murdoch’s Wall Street Journal) so viciously attacked the movie “The Big Short?”

So we won’t demand tougher laws to prevent another crisis  followed by another “too-big-to-fail” bailout.

Which brings us back to Bernie and Hillary. Hillary Clinton doesn’t want to break up the big banks or resurrect the Glass-Steagall Act, as Bernie does

Instead, she’d charge the big banks a bit more for carrying lots of debt and to oversee them more carefully. She’d also give bank regulators more power to break up any particular bank that they consider too risky. And she wants more oversight of so-called “shadow banks” such as hedge funds and insurance companies like the infamous AIG.

In a world where the giant Wall Street banks didn’t have huge political power, these measures might be enough. But, if you hadn’t noticed, Wall Street wields extraordinary power.

Which helps explain why no Wall Street executive has been indicted for the fraudulent behavior that led up to the 2008 crash. Or for the criminal price-fixing scheme settled last May. And why even the fines imposed on the banks have been only a fraction of the banks’ gains.

And also why Dodd-Frank is being watered down into vapidity. For example, the law requires major banks to prepare “living wills” describing how they’d unwind their operations if they get into serious trouble. But no big bank has come up with one that passes muster. Federal investigators have found them all “unrealistic.”

Most of Hillary’s proposals could already have been put into effect by the Fed and the Securities and Exchange Commission, but they haven’t been – presumably because of the Street’s muscle.

As a practical matter, then, her proposals are invitations to more dilution and finagle.

The only way to contain the Street’s excesses is by taking on its economic and political power directly – with reforms so big, bold, and public they can’t be watered down. Starting with busting up the biggest banks, as Bernie Sanders proposes.

More than a century ago, Teddy Roosevelt broke up the Standard Oil Trust because it posed a danger to the U.S. economy. Today, Wall Street’s biggest banks pose an even greater danger. They’re far larger than they were before the crash of 2008.

Unless they’re broken up and Glass-Steagall resurrected, we face substantial risk of another near-meltdown – once again threatening the incomes, jobs, savings, and homes of millions of Americans.

To paraphrase philosopher George Santayana, those who cannot remember they were screwed by Wall Street are condemned to be screwed again. 

9

So basically my bank screwed me over and took out two payments instead of one for my car loan. Long story short, I can’t get the money back easily or quickly and I really need that money. So. Emergency commission post.

Prices!
If you have an idea for something, but it’s not listed here, let me know! I’m able make a lot of different things.

Scoodies:  $40-$80+
 - Simple scoodie (one or two colors) is the base $40, but any additions can run you up to the $80+. I can do basically any animal and I love doing comic book characters (Marvel/DC is my favorite, but I’m up for whatever).

Hats: $30
 - Animals/characters/crazy colors. I can do (or try to do) anything

Snails: $20 - $25+
 - Simple snails (non character, basically) is the base $20 and any additions will add up to the $25+. As most of my followers know, I can do a lot of different kinds of snails.

Cross stitch quotes: $25 - $30+
 - This one is both size and complexity. Around $25 for a 4 inch framed stitch, and around $30 for a 6 inch framed stitch. I can also go bigger, but the price will also raise. I’m willing to make whatever you’d like!

As always, there are things available in my etsy shop: [link]
I do have a lot of the more recent crochet items already made (Hogwarts scoodies/hats, Mario scoodies/hats, etc). So even though they’re set as made to order, a lot of them can go out right away!

Even if you’re not interested in buying anything, I would really appreciate a signal boost!

Please do not repost, reblog instead and leave all artists comments intact, thank you.

10

So here’s the deal, my bank screwed me over at the last minute and they want $400 worth of fees due by the 22nd, or I face catastrophic consequences (like no paychecks for half a year). This came up at the worst possible time, as on the 21st… I’m flying out to see a my very dear friend for the first time, and have pretty much no money to meet the bank’s deadline. Anyone with close online friends knows that meeting them for the first time should be a happy moment, but instead I’ve been slammed with all this stress. So! I’m selling off massive chunks of my personal collections and extra convention stock to attempt to raise something to keep the bank happy.

All prices are listed on the photos, and items will be scribbled out as theyre sold. All items are kept in collector’s condition. IF YOU ARE INTERESTED IN ITEMS, please email turntechgeneticist[at]aol.com with a descrip of what you want! Any purchases over $25 will get a thank you card with a sketch a pokemon or pony (including OCs) of your choice!

Signal boost is extremely appreciated, and thank you for consideration in this stressful time!

I hate the way banking screws people over. But if your anti-banking message basically says “if you use banks at all you’re supporting a corrupt system, you should use only cash and boycott it and if you don’t do that then you’re two-faced” or something, you can fuck off. Do you know how hard it is to live without a fucking debit card these days? Especially if you’re stuck at home a lot due to disability? This modern world relies heavily on having a bank account, and some one can hate the ways banks punish the poor WHILE STILL HAVING A BANK ACCOUNT BECAUSE THEY HAVE TO SOMEHOW STILL PAY BILLS AND SUCH.

On a very similar note, not everyone has the option of going everywhere on a bicycle or using public transportation only. Yes I want a greener world too but I also want to eat and the only fucking way I can get to a grocery store is in a fucking car because there IS no public transportation here and I can’t ride a bike and I am FAR from the only one limited in their “socially progressive” capabilities.

So before you rag on some one for being “part of the problem”, recognize that the system traps people and there’s frequently no way around that. Instead support people who still use these things while wanting those things to change for the better.

… And definitely don’t rag on people for literally just LIVING in a place. I live in Texas, Texas frequently sucks. Don’t tell me to “just move somewhere else”, leaving my friends and family and home and spending a bunch of money I don’t have to totally uproot my life instead of me staying where I am and hopefully doing my part to change this place for the better. And northerners, y’all aren’t so perfect up there either so stop looking down one everyone else as if your system isn’t just as fucked up.

I was going to stick with just the issue of banks here, but seriously, I’m sick of ALL of these things. Stop making other progressive people feel guilty for the things they can’t fucking help or change all by themselves. You’re not better than them just because you pay for everything in cash while riding around your accessible city on a bicycle.

salon.com
Robert Reich: Wall Street and the GOP are trying to rewrite history
By Robert Reich

If you haven’t yet seen “The Big Short” – directed and co-written by Adam McKay, based on the non-fiction prize-winning book by Michael Lewis about the housing and credit bubble that triggered the Great Recession — I recommend you do so.

Not only is the movie an enjoyable (if that’s the right word) way to understand how the big banks screwed millions of Americans out of their homes, savings, and jobs – and then got bailed out by taxpayers. It’s also a lesson in why they’re on the way to doing all this again – and how their political power continues to erode laws designed to prevent another crisis and to shield their executives from any accountability.

They blame the government now, but the fact remains: Private banks issued 84 percent of subprime mortgages in 2006

I need some help

I’m supposed to be getting engaged. But our bank screwed up and took money that it shouldnt have and now I don’t have enough for my ring.


I never thought I’d be in this situation but I’m scared that if I don’t get some money its going to break my fiance. He’s so stressed right now and we’ve worked so hard only to have everything screw up at the last second. 

We had the ring rushed and now we cant even pay for it. If you guys could send anything. Any god forsaken small amount, Even just fifty cents it would help.

We lost about 300 which we were planning on using for his “surprise” way of proposing which idk what it was but I don’t care about that.

We only need about forty for the ring. Thats it. It’s that close. Please help me please. I’ll post pictures of my ring and tag everyone who even likes this I just…. I really wantthis one thing to work out.

Click here if you can help.

Plea

I honestly hate doing this; I’ve been having money issues for a while now but I’m finally caving.

I’m managing equilibrium on bills as they hit, at the moment, barely, but I’m behind almost $1000 on my house payment and have no ability to catch up. I’m only able to work half-time because of a fatigue condition the doctors are still working to diagnose, and being unable to catch up on the payment is quietly destroying my credit. It’s not the only bill I’m behind on, but it’s definitely the one screwing me the most. The bank keeps calling me to tell me I have to catch up soon, which isn’t doing my anxiety any favors, and I’m afraid if I don’t do something soon, they’ll take some kind of punitive action.

My parents are buying all my groceries because after bills, I’ve got barely anything left over for food.

Anything would help, honestly. I’ve got a paypal button on my blog. I’ll post whenever I get a donation, in the case that I get any, for transparency. Pls help.

  • Kickstarter FAQ:Sorry, but we do not accept Visa Electron.
  • Me, a person with nothing but a Visa Electron, who has funded two projects with no issue:um
HELP

CAN ANYONE PLWASEW PAYPAL ME ANY MONEY AT ALL I JUST FOUND OUT I OWE $2500 FOR A CLASS I THOUGHT I DROPPED AND I LITERALLY NEVER WENT TO IT!!!!!! IM GETTING SCREWED OVER AND MY BANK ACCOUNT IS OVERDRAWN $50 ANYWAY OH MY GOD IMIGHT KILL MYSELD I JUST NEED TO TAKE CARE OF THIS SHIT

PLEASE REBLOG

MY PAYPAL IS emfujii@outlook.com