Monday, February 23, 2009

Banks are evil...

In the not so distant past I have spent more money than I had available to me. Not on frivolous things - but things I needed - mostly. I was a young naive girl who hastily went to an expensive school, in an expensive city, in an expensive neighborhood and building where they only sold the absolute best in (ahh the markets of the UWS....), stationary, clothing - you name it, I can assure you it was the best...and the most expensive.

But, walking up to the JP Morgan chase with my tiny tiny work study check - which would allow me to hold my head up high as I walked my sale laden happily broke student butt back to my expensive apartment, in the expensive neighborhood, at the expensive school - I would find out that
"Hmmm you cannot cash your check because you owe us money AND you can not cash that check here until Thursday if you are not going to put it into your bank account", said the mean teller lady.
She continued, "If you put it into your bank account we will take it because you owe us money. "

I am very aware that that was a long heavy sentence and that is how my life felt in that moment - long and heavy.

There was such a feeling of disdain coming from behind that thick Plexiglas. A damming judgement of having mismanaged my money. And more precisely to JP Morgan Chase, the larger crime of having so very little to mismanaged in the first place. There was a time when I had unknowingly overdrawn my account and they charged me 30$ for each subsequent swipe of my card...10$ at Duane Reade (30$), 5$ bucks at Starbucks(30$).....all 4 of them....

And so when I went to put my tiny check in the back I was forced to first have 120$ in fees given to the bank in repayment.....

Having been held so roughly, so quickly, so finally accountable for my innocent actions I am steaming quietly but consistently at the idea that these banks would knowingly and by design do the same thing with little or no consequence for their actions. To read that they woo and market tax shelters with the sole purpose of keeping rich people, with more than they deserve, from paying their fair share to the government, to us, to me is a crime of such immense portions, an injustice that is unimaginable for the evil of its consequences.

AND wait...THEN take government money...your money...ugh...there are no words...

'Peggy' from Mad Men Season 1 ep 8 said it best:

"I don't understand I try to do my job, I follow the rules... and other people, people who are not good, get to walk around doing what they want, its not fair"

I understand Peggy...but what the hell to do about it?

1 comment:

  1. i totally relate & agree with this sentiment. How dare they (whom we trusted to manage the little bit I have to manage) flippantly do whatever they wanted with money all while making/taking big bonuses & tax breaks on these bonuses thus supporting the lifestyle I will NEVER be accustomed to.. and then want a bail out?
    my head hurts... and my student loan payment is due...