Tag Archives: banks

Why Don’t Banks Seem to Care When Their Customers Are Fraudulently Targeted?

I was a victim of a theft last night. I’d say it’s identity theft but this was more of an outside company that made an illegal charge on my checking account online in some mysterious way that I have yet to be able to figure out how it happened. This happened on a Friday night, so that meant that getting any customer service was extremely limited, and my bank put me through an endless process of “press 1 for happy thoughts” crap before I finally, after three runs around their system that got me to a person who then transferred me back to the beginning of the “press 1” tree crap again. After some time, and some very frustrating and infuriating moments, I finally got to a person whose only course of plan was to freeze my account and wish me good luck. The charge was “processing” which meant they couldn’t do anything about it until it’s charged.

Honestly, what kind of stupidity is that? Is it not possible to catch a bank robber until after he spends the money, even if you catch him in the bank and have surrounded him with cops?

The next day, I had to get a brand new check card, and no one can tell me why it happened, or even more important: How do I stop it from happening again? The guy on the phone last night was a dickwad who seemed to think it must have been me with my liberal spending ways on the Internet. This is coming from a bank company that advertises its desire to have me using its services online because their the ones who do it best. Anyway, the next day, I’m still out that money that was stolen from my checking account because the processing isn’t done, and ONLY AFTER IT’S DONE can I put in a claim to get my money back. So, I’ve lost access to a LOT of my own money because some unauthorized charge happened from France (or Russia for all I know), and the bank really doesn’t give a fuck.

I’m really lost here because I don’t know what to do now. I don’t know where this came from, what caused it, or even how to prevent it from ever happening again. I don’t use my credit card on risky sites or anything like that. I don’t do online gambling or any crap like that. I use it for normal things, which somehow appears to be more and more susceptible to fraud these days. Is my only recourse to close my banking accounts forever and start hiding money in my mattress again? I know it sounds like that’s some kind of reactive joke, but seriously, what are you supposed to do when you’re basically screwed no matter what you do? I really needed that money on Monday morning for a dental procedure I’m about to have to undergo (my crown fell out of my mouth a few days ago). Now, I’m totally screwed. I can’t even contact the bank until after Monday because the charge doesn’t get processed until Monday, which means I’m going to be in surgery, knowing that I have pretty much no way to pay for it because some criminals thought it would be really cool to fuck over a complete stranger.

And, as stated, nobody fucking cares.

Why Most of the US was Pissed Off During this Election

It’s amazing how the media can talk itself into a frenzy and still never manage to actually say anything of merit. I’ve been reading and observing all sorts of reports that purport to explain why the midterm elections went so bad for the party in power, and almost every time I read a newspaper article, watch a television broadcast or avoid a crazy person screaming on the streets, I’m left with the same conclusion: These people don’t live in the real world with the rest of us. Well, the crazy guy on the corner screaming does, but his view of our world is a completely different story.

No, what I’m talking about is how two economists can go back and forth about the economic bank bailout and not understand a single thing about why the consensus of the country was negative. One economist will talk about how there was not enough money invested (and there needs to be more), while the other argues that too much money was spent on the banks, but it was spent improperly. And yet another will argue that the wrong banks were bailed out, or shouldn’t have been bailed out so that nature could have taken its course.

The problem they don’t perceive is that the average person looked at billions of dollars being spent on very rich people and very rich organizations, and they don’t feel like the solution ever impacted them in any way, shape or form. Banks still forclosed on people regardless of how much money was spent propping up the banks that had invested unwisely in real estate adventures.

I’ll repeat that. NOT ONE single penny was spent on bailing out people who were losing their homes through faulty mortgages. Instead, they were the ones who were thrown into the streets and forced to make do with nothing while the banks were given billions of dollars of taxpayer money to prop up their bad investments. When not one cent was spent on propping up the average voter who lost his or her home, then that whole “bailout” thing seems like it happened to people who didn’t deserve it in the first place.

The solution would have been for the government to have stepped in and propped up bad mortgages instead of the banks themselves. By coming to the rescue of banks, the very rich were the ones who were sheltered by the government, and not a single “normal” person received a single bit of benefit from the government. So when Obama gets on the soapbox about how the people just didn’t allow enough time to let things settle, or they were too focused on other things, perhaps Obama needs to realize that he’s focused on the wrong things, if he’s at all interested in why the country has turned 180 degrees against him.

People have a really hard time being told that they’re wrong for feeling one way or another, especially by someone who is not suffering in any way whatsoever. A lot of people were hurt by the economic turn around, and being told that it’s their fault and they just need to own up to their own failures is never going to go over well, especially when Wall Street entities were told the exact opposite and given huge cash payouts to make sure they didn’t feel bad.

What has happened is that a lot of centrist thinking people in this country are coming to the realization that they don’t matter to the government of their own country, and that’s a really sobering throught when you get around to thinking about it. But instead of facing that dilemma, we ignore it and sort of hope that it will just go away. Or throw more money at rich people and hope that somehow that will trickle down to those who no longer believe the powers that be are interested in the people without power. Unfortunately, neither alternative leads to anything but class division, and as more people in the class with the most people come to the realization that their disenfranchisement also brings along a lack of care by those in power, then you’re going to end up with a very pissed off electorate.

The real problem is that as that electorate gets more upset, and votes out the “bums” over and over again, eventually they’re going to realize that their angry votes aren’t getting them anywhere. And as long as government entities continue to think that rewarding the rich with more riches is the way to a better nation, we’re going to end up with a very pissed off group of citizens who have realized they have no way to institute change in a system where elections reward those who are already in power. And once we reach that point, there’s no telling where we go from there because institutional anarchy has no way of being predicted, no matter how much the smartest guys in the room keep believing otherwise.

Essentially, we’re playing a game of hoping that we can gain enough riches before the whole system comes crashing down, not once thinking about the ramifications of what happens immediately after that moment. Because once the system crumbles, there’s no telling what you inherit after. And if that’s not scary to the average citizens, then I don’t know what else would be.