Posted on 02/17/2019 5:32:09 AM PST by farming pharmer
It is true enough that the bank itself probably won’t do something as petty as closing an account for someone that they disagree with, but it is entirely possible that some faceless political activist works at this bank and has taken it upon themselves to arrange this to happen. Part of the problem with the large firms like this is that it is way to easy for some zealot to abuse their access to people’s personal data to persecute individuals that they have targeted for some reason.
The right thing to do is to demand an investigation, which the bank should WANT to do since they have a profit motive. If they have hired too many likeminded zealots though, they will cover for each other. If there are fees upon fees as others have said, one ill-timed “error” could set off a cascade of events that could have a negative effect on an individual customer.
This needs a thorough audit and if wrongdoing is found, those people need to be fired.
hmmm. He was getting messages from the collections department and he had no clue? REALLY!
The article includes a message referring to ‘past due’ from the collections department.
As always, GP promotes click-bait.
message in article ….
multiple past dues.
notice from collections’ department
RE:Increasingly, it seems that the end justifies the means with the hard core political left. There is no lower moral boundary that these people won’t cross in order to obtain their desired results.
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I think you are right. Each line they cross only leads to another in the distance. Dems are going lower and lower.
I was thinking of all the anti-discrimination rules (federal law, state laws, plus numerous regulations applicable to banks and other businesses)...
it would be so very easy to file suit on any number of those grounds, for starters, and the potential payoffs are considerable for the aggrieved parties
I also think that the publicity route is quite powerful...
“Hmmm....re-read the article several times, didn’t see any mention of that. Where did you find that?
At the OP’s linked article.
I saw nothing about that either. The article says that they sent him a letter, a wad of cash, and that he was in good standing.
I’m betting this was some lefty in their organization that took it upon him/herself to do this. I would never bank with them again, but I think the higher-ups have a right to know what happened so they can investigate and fire people if needed.
Great advice for anyone wise enough to benefit from it.
A decade ago I went to a financial advisor who advised me to go into some closed-end mutual funds. These just happened to have high fees, low liquidity which is typical of closed-end funds, and an affiliation with him. I walked out and did my own financial planning.
The best resource that comes to mind is Money magazine.
The best generic advice I would give is index mutual funds, especially S&P 500. The lowest of fees and the 500’s return is the number funds try to beat. You would own the benchmark itself.
The first thing to do is seek the statement where they told him why they were closing the account.
Of course that would kill GP’s click-bait article.
I saw the letter for the other guy sho was shut down and the reason given was that the bank “could no longer support.” It looks like what happened to these guys legitimately happened. The thing is though that large banks aren’t always the best at knowing what is going on with their people since they are so big. It may be that “no longer support” is just something to stick in a field to make the computer happy. Somewhere in the organization there may be a lefty who has decided to take it upon themselves to prosecute their own personal enemies list.
I read the article twice and still missed any ‘past dues.’
Would you please copy and paste that part of the article here?
Also, I’m wondering about this...
“...he says YouTube has taken down most of his videos and demonetized his channel.”
“I saw the letter for the other guy sho was shut down and the reason given was that the bank “could no longer support.” “
Link?
Cannot copy/paste. It is a protected image.
could you flag the 10% I’m not supposed to believe?
Evidently the image is so protected it doesn’t render on either a Firefox or Chrome browser. There is a large blank space below his picture, but nothing shows up in the source code. Peculiar.
Thanks. But I put more of the blame on the FBI than Chase.
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