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Credit unions angry over surprise 'bailout tax'
stars and Stripes ^ | February 14, 2009 | Tom Philpott

Posted on 02/14/2009 5:20:05 PM PST by Jet Jaguar

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1 posted on 02/14/2009 5:20:06 PM PST by Jet Jaguar
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To: Jet Jaguar
I heard about this from a colleague of mine that works for a credit union.

These people are really trying to wreck our economy, aren't they?

2 posted on 02/14/2009 5:32:27 PM PST by Pyro7480 (This Papist asks everyone to continue to pray the Rosary for our country!)
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To: Jet Jaguar

Welcome to socialism. This is what the big banks want and this what the USA owned banks will get.

Remember when you left your bank for a credit union because the slogan for you bank became “a service charge waiting to happen”??

Well guess what? Your credit union is going away and Mr. Service Charge Bank is now your only option.

Gov’t doesn’t need to raise taxes, just service charges!!


3 posted on 02/14/2009 5:37:05 PM PST by RushingWater (You say Obama - I say Ayers)
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To: Nightshift; tutstar

gnip


4 posted on 02/14/2009 5:39:10 PM PST by tutstar (Baptist Ping list - freepmail me to get on or off.)
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To: Jet Jaguar

The credit unions avoided the crummy loans that slammed the banks and are now being penalized for their prudence. Can’t have the proles putting their money into something other than Ministry of Truth Bank.


5 posted on 02/14/2009 5:51:18 PM PST by RKBA Democrat (Lord Jesus Christ, Son of God, have mercy on me, a sinner!)
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To: Pyro7480

It seems intentional doesn’t it?


6 posted on 02/14/2009 5:52:06 PM PST by 1010RD (First Do No Harm)
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To: magslinger

ping?


7 posted on 02/14/2009 5:58:52 PM PST by SC Swamp Fox (Aim small, miss small.)
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To: RushingWater; All

One more thing, I think we may see some of the local banks go away and we will only have 1 choice..


8 posted on 02/14/2009 6:05:44 PM PST by KevinDavis (No one should question our "Dear Leader"!)
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To: Pyro7480
"These people are really trying to wreck our economy, aren't they?"

I think they already have, and we just haven't seen the real numbers yet.

9 posted on 02/14/2009 6:15:23 PM PST by ChicagahAl (Don't blame me. I voted for Sarah.)
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To: RushingWater

Then it’ll be time to stuff the mattress -


10 posted on 02/14/2009 6:23:00 PM PST by reed13 (The only thing necessary for the triumph of evil is for good men to do nothing.")
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To: Jet Jaguar

TBTF (Too big to fail)

Shut up and pay!

New mantra of America


11 posted on 02/14/2009 6:30:02 PM PST by autumnraine (Freedom's just another word for nothing left to lose- Kris Kristopherson)
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To: reed13

I have no faith in the dollar, I can’t eat or drink it. I”m stocking closets, crawlspaces and barns with food and water.


12 posted on 02/14/2009 6:31:10 PM PST by autumnraine (Freedom's just another word for nothing left to lose- Kris Kristopherson)
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To: KevinDavis
The Bank Of Sealy Posturpedic?
13 posted on 02/14/2009 6:33:49 PM PST by berdie (Philosophies of the school room in one generation will reflect the government philosophy of the next)
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To: RKBA Democrat

The same thing happened in 1992 or so in the aftermath of the S&L scandal, Credit Unions had their insurance pool confiscated to pay for the Lincoln Savings and Loan type failures.


14 posted on 02/14/2009 6:34:30 PM PST by padre35 (You shall not ignore the laws of God, the Market, the Jungle, and Reciprocity Rm10.10)
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To: autumnraine

and gold and silver and seed and shells ;)


15 posted on 02/14/2009 6:39:47 PM PST by reed13 (The only thing necessary for the triumph of evil is for good men to do nothing.")
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To: Jet Jaguar

Why am I getting this urge to put my fiscal resources in a safe at home versus any banking institution in the WORLD right now.......


16 posted on 02/14/2009 6:43:12 PM PST by Squantos (Be polite. Be professional. But have a plan to kill everyone you meet)
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To: reed13

Seed and shells. Don’t forget them either.

I haven’t the money for gold, but I’ll get it when I can.


17 posted on 02/14/2009 6:44:01 PM PST by autumnraine (Freedom's just another word for nothing left to lose- Kris Kristopherson)
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To: Squantos

Yep.


18 posted on 02/14/2009 6:45:31 PM PST by Jet Jaguar (Atlas Shrugged Mode: ON)
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To: RushingWater

“Mr. Service Charge Bank is now your only option.”

What bank would that be, i’ve had accounts in 5 different banks over the last 63 years and have never paid a charge of any kind to any of them!


19 posted on 02/14/2009 6:54:48 PM PST by dalereed
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To: backhoe

Ping.


20 posted on 02/14/2009 7:01:36 PM PST by Jet Jaguar (Atlas Shrugged Mode: ON)
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