Posted on 04/17/2024 11:23:13 AM PDT by Red Badger
That may be true of their intent, but what they apparently haven’t seen is that they have become their own victim.
Unfortunately, I think all banks are doing the same. Banks are terrified of govt intervention and will do anything to accomodate Fed. It’s the power the govt has with the Federal Reserve system
TBTF banks don’t need customers except for spending money and surveillance. /imho
Aren’t they really hurting themselves?
I don’t patronize that bank, but if I did, I’d cancel the accounts. They wouldn’t need to debank me. I’d be happy to debank them if they are anti-Christian.
Bank of America telling me it doesn’t want my banking business is like Pfizer telling me they won’t let me have a COVID booster. #WINNING.
Quit them within a year. And never went back...
Same with Wells Fargo....
I live in a small town now with local banks....
The left will punish banks and other corporations in order to further their agenda.
The right believes in free enterprise.
The left promotes cancel culture.
The right believes in free association and free speech.
The left is winning this war.
So much for USAA.
Never dealt with them.
This happened to Nigel Farage in England last year. Bank CEO got into trouble and had to resign:
https://en.wikipedia.org/wiki/Nigel_Farage_Coutts_bank_scandal#Events
and their excuse for de-banking John Eastman?
Its very simple. Pass laws in all red stated forbidding any discriminatory provision of service or denial of service to anyone for anything but legitimate commercial reasons (ie no “reputational risk” or any other such BS). If a bank is found to have violated this law they need to be fined heavily AND forced to reverse themselves.
If they refuse or if they are found to be a repeat violator, they need to lose their banking charter in that state. How would BofA like to be kicked out of those dozen states? How about we add a dozen more states to the list?
“Bank of America Is an Active Enemy Combatant Targeting Conservatives”
Don’t fool yourselves, BofA and their management COULD NOT CARE who their customers are (they’ve proven that by opening accounts for Illegals).
It is the GOVERNMENT directing BofA to target conservatives. Sure, they can say no, but do they really want hundreds of bank auditors descending them?
It’s just not BOA, but USAA (who’s laying off hundreds of employee) are scum suckers too.
____________________________________
https://www.conservativereview.com/rather-despicable-john-eastman-speaks-out-after-bank-of-america-usaa-shut-down-his-accounts-2667791574.html
I gained a significant amount of respect for my former employer when they eliminated both Bank of America -and- Google from their operations several years ago.
The banks are de facto government.
They’re part of the police state.
Plus, modest Americans have become pariahs internationally.
An international risk consultant friend had Standard and Chartered close his account, the guy told him that if he was from Somalia it would still be open. That incident followed HSBC engaging in the same behavior.
Agree.
BOA is the worst. They pioneered giving cc and loans to illegals.
All good points.
No matter who you are, B of A and Wells Fargo seem to go out of their way to create multiple account charges and poor customer service. We left them both decades ago.
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