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CHASE BANK'S BITCH

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    About Me

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    Southern California, California, United States
    If you have a question about this blog or the 12 other anti financial terrorism blogs I have created, please email me at info at alexlogic.com. If you are having trouble leaving a comment, please let me know at the email address listed above.
    BLOGGERS AGAINST
    CHASE BANK RANKED
    OUT OF 28,000 BLOGS.

    CHASE BANK PROTEST MARCH TO THE SANTA MONICA SEA, THEN SEE JOAN IN CONCERT, FREE! THURSDAY, JULY 9

    CHASE BANK PROTEST MARCH TO THE SANTA MONICA SEA, THEN SEE JOAN IN CONCERT, FREE!  THURSDAY, JULY 9
    DO YOU HAVE A DAILY-PROTEST.com or BLOGGERS AGAINST CHASE BANK.com SIGN? THEN MARCH to the FREE JOAN BAEZ CONCERT at the SANTA MONICA PIER!
    JOAN BAEZ DOES NOT KNOW WHO WE ARE AND THEREFORE IS NOT ENDORSING THE CHASE BANK PROTEST MARCH, BUT, WHAT FAMOUS CELEBRITY IS?

    NO NEED TO TRY AND ASSEMBLE FOR THE MARCH, JUST MARCH FROM WHERE EVER YOU ARE COMING FROM WITH YOUR DAILY-PROTEST.com SIGN!
    (PLEASE DO NOT MARCH IF IT IS A STRAIN OR HAZARDOUS TO YOUR HEALTH), YOU DO NOT HAVE TO HAVE A SIGN TO SEE THE CONCERT FOR FREE.


    FREE JOAN BAEZ CONCERT, JULY 9TH, 2009, STARTS 8PM (COME EARLIER FOR BETTER LOCATION, B.Y.O.C.) CLICK ON IMAGE FOR MAP.

    Monday, August 31, 2009

    Chase Bank being hit with dozens of internet articles about their horrible banking practices and methods.


    Internet articles used to describe the Credit Card Industry and Chase Bank's tactics include
     "Rape of the Consumer", "Credit Card Issuers don't care, and they are Proving it", "Chase Bank Lies Again", "Keeping Chase Bank from Blowing me up", "Did Chase Bank pull a Credit Card Bait and Switch?", "Latest Move by Chase Contradicts testimony", "Chase Bank, on my List", "Chase Credit Cards, Consumer Complaints", "Federal Reserve's Failure to help Credit Card Consumers", Credit Card Companies showing their True Colors and Americans should be Seeing Red, "The Credit Card Squeeze", "Screw Chase Bank", "A Penalty for Thrift?" "Credit Card Hypocrites", "The Greatest Swindle ever Sold", "Carpenters Picket at Chase Bank Branch", "Building a New Generation of Bank Haters", 
    and many many more.

    Yet the Republicans want us to only blame government! Is that so they can take their turn being the bankers best friend? I believe Barack Obama's admiration of Chase Bank's Jamie Dimon is absolutely scandalous, but I also believe the republicans attempt to steer our anger ONLY towards Barack Obama and the government while IGNORING THE BANKS, is OUTRAGEOUS.

    HOW YOU CAN HELP! MAKE A DAILY-PROTEST.com sign and put it where others will see it. Daily-Protest.com signs can be placed in a storefront window, a bulletin board at work, or a countertop. Raise curiosity and awareness about how Chase Bank is harming a LOT of of their BEST customers by making a Daily-Protest.com sign.

    Monday, August 24, 2009

    If you live near Washington DC and have a Chase Bank Credit Card Horror Story and want your story on the news, contact BLOGGERS AGAINST CHASE BANK.

    For a limited time, if you have had a bad experience with Chase Bank Credit Card division I will forward your contact information to a news contact that is doing a story about Chase Bank and their Credit Card Division. If you live near the Washington DC area and want to be heard, please contact me via this blog. You can click on my bio to get my email address. I won't reveal who it is but they are with the "news".

    I can't guarantee you will be picked but I will forward your info to them. Once the story runs I will update this article with a link to the video.

    Here is the information I received minus the name of the person...

    Hi Alessandro,


    I'm working on a story about some of the problems I’m hearing about from credit card holders. As you know, many are saying their credit card accounts are being closed by the banks, including CHASE, without much notice. And of course there are the complaints about lowered credit limits and increased interest rates. I’m trying to find some people in the Washington, DC metro area, not experts, but people who’re having these bad experiences with their credit card companies. Would you know of anyone on this coast? Or would you be able to forward my e-mail to the other like-minded bloggers?

    Thanks for your help!


    -------------------------------------------------------


    HOW YOU CAN HELP! MAKE A DAILY-PROTEST.com sign and put it where others will see it. Daily-Protest.com signs can be placed in a storefront window, a bulletin board at work, or a countertop. Raise curiosity and awareness about how Chase Bank is harming a LOT of of their BEST customers by making a Daily-Protest.com sign.

    Friday, August 21, 2009

    Here is Chase Bank Change you Can Believe in, NOT.

    Barack Obama promised change, and Barack Obama's favorite wall street banker, Jamie Dimon of Chase Bank, is delivering "Change", and an awful lot it. Just read what this blogger has to say about Chase Bank's "Changing Ways".

    How Barack Obama can admire Jamie Dimon of Chase Bank as his favorite Wall Street Banker is just beyond my comprehension; unless I consider the possibility the two are in cahoots with each other and chest deep in all kinds of illegal favors for each other.

    Barack Obama has 3 and 1/4 more years to get his own lies in order so we can all adore the job he did on us.

    Unfortunately, I don't really want a republican for president either as republican politicians never met a banker they did not like. Sarah Palin is so clueless she hasn't picked up on the Chase Bank anger, or simply won't go near it. You've got be either bright, or brave, to be president, preferably both, and I ain't seeing either quality in Ms Palin at this point.

    We are so screwed. I really think HIllary Clinton would have been the perfect choice, either in 2008, or in 2012. Hillary Clinton would have been the perfect blend of pro america, protecting the customers of Chase Bank from Chase Bank malfeasance, something Barack Obama is INCAPABLE of doing. Hillary Clinton would have also balanced world issues as well.
    The credit card reform act is turning out to be a JOKE simply because of all the things the credit card companies are getting away with BEFORE the reform act kicks in, AND THERE IS NO OPT OUT CONSUMER RIGHT in the bill, how stupid is that!
    HOW YOU CAN HELP! MAKE A DAILY-PROTEST.com sign and put it where others will see it. Daily-Protest.com signs can be placed in a storefront window, a bulletin board at work, or a countertop. Raise curiosity and awareness about how Chase Bank is harming a LOT of of their BEST customers by making a Daily-Protest.com sign.

    Wednesday, August 19, 2009

    Credit Card Changes || WXYZ.com | WXYZ-TV / Detroit | Detroit News, Weather, Sports and More

    Credit Card Changes || WXYZ.com | WXYZ-TV / Detroit | Detroit News, Weather, Sports and More
    Barack Obama's favorite Wall Street Banker, Chase Bank's Jamie Dimon, is possibly implementing data profiling tactics on hospital patients. Here's your health care reform.
    Posted using ShareThis

    Sunday, August 16, 2009

    How Chase Bank FOOLED Andrew Cuomo of New York over the 10 dollar fee withdrawal without Cuomo even realizing it.


    However, Chase Bank is having the last laugh after all, and in my opinion, at Andrew Cuomo's expense.

    Not only has Chase bank raised the monthly minimum payment from 2% to 5% on the same customers that they rescinded the 10 dollar a month fee on, but even if these customers call the Pro-Active phone number and negotiate a five year, 2% interest rate plan, that customer may still lose MORE THAN TEN DOLLARS EVERY MONTH once they accept that plan.

    The average household has approximately 9,000 to 10,000 dollars in credit card debt. However, when we factor in that a certain percentage of homeowners have NO credit card debt, that just means that anybody with credit card debt probably has at least 15,000 thousand dollars of debt, or more.

    Lets say that 7,500 dollars of that credit card debt is with Chase bank 4.99% and 7,500 dollars of debt is with another Bank at 9.99 percent interest. Lets keep in mind that the other bank rate at 9.99 is still considered a decent rate, and is probably higher than that for many people.

    The consumer would save the most money by applying the largest payment they could afford to the higher interest rate card, and then just pay the minimum on the Chase Bank card. Interestingly enough, MOST Chase Bank credit card customers were already paying more than the 2% minimum, however they knew they could fall back on the 2% monthly minimum if necessary.

    So every month, the Chase bank card is saving the consumer approximately 30 dollars a month in lower interest rate charges. If however, a consumer accepts the five year plan to pay down their debt, the Chase payment STAYS THE SAME each and every month, and the result is, less and less money is available to pay down the higher interest rate card.

    This Proactive deal is definitely more flexible than accepting the 2% to 5% monthly minimum payment hike, but it is possible that by making the same paydown payment amount on the Chase Card debt every month, the payment that is going to the higher interest rate card will inevitably lag behind. Over time, the charge in accruing interest on the higher interest rate card will be MORE than the ten dollar a month fee that Chase Bank repealed!

    The conclusion is, Chase Bank has fooled everybody into thinking the ProActive deal is automatically a fair deal, yet the ProActive Deal creates more income for Chase than the 10 dollar monthly fee would have generated among those same customers when one factors in the higher interest rate credit card debt those same customers will be delayed in paying down. Wow!

    The bottom line is this, ANY OFFER THAT CHASE BANK MAKES TO TRY AND GET PEOPLE OFF THEIR CURRENT DEAL SHOULD BE MADE AS AN INCENTIVE OFFER, NOT AS AN EITHER OR PROPOSITION. This is a level of consumer abuse I have never witnessed before, and Barack Obama just stands by and approves.

    Here are examples of "incentives" that Chase Bank should be using to get people off their low interest rate offer.
    Agree to pay 5% instead of 2% every month and receive a 100 dollar gift card EVERY SIX MONTHS for doing it!

    Agree to the Pro-Active 5 year, 2% interest deal, and receive a 100 dollar gift card ONCE A YEAR.

    Agree to pay 3% every month instead of 2%. receive a 50 dollar gift card every six months.

    Agree to a pay 4% every month instead of 2%, receive a 75 dollar gift card every six month.
    Do you see what is happening, by making crazy, insane demands of its own customers, Chase Bank is getting away with forcing their own customers to do something FOR FREE, that Chase Bank should instead be offering an incentive to get.

    If Chase bank wants to entice me to change terms, I will listen, but I do not want to be FORCED into making a change, and then accepting the best of several rotten choices. In the meantime, Mr. Cuomo, I hope you don't think you accomplished anything significant by rescinding the 10 dollar a month Chase Bank fee, in many instances, that 10 dollar fee would actually have been cheaper than the alternatives.









    HOW YOU CAN HELP! MAKE A DAILY-PROTEST.com sign and put it where others will see it.
    Daily-Protest.com signs can be placed in a storefront window, a bulletin board at work, or a countertop. Raise curiosity and awareness about how Chase Bank is harming a LOT of of their BEST customers by making a Daily-Protest.com sign.

    Wednesday, August 12, 2009

    Jamie Dimon and Chase Bank under investigation for possibly planting moles inside of WAMU.

    I heard abouit this story from someone who worked for WAMU, I heard this story BEFORE it was reported on by Yahoo. I think I mentioned it once, not as fact, but as something that I had heard, I forget where it was I wrote about it.

    I had heard that people from "Texas" started showing up at WAMU branches and just a few months later, the branch had been bought out for literally two pennies on the dollar.


    Remember, Jamie Dimon is Barack Obama's favorite Wall Street Banker.


    HOW YOU CAN HELP! MAKE A DAILY-PROTEST.com sign and put it where others will see it.
    Daily-Protest.com signs can be placed in a storefront window, a bulletin board at work, or a countertop. Raise curiosity and awareness about how Chase Bank is harming a LOT of of their BEST customers by making a Daily-Protest.com sign.

    Thursday, August 6, 2009

    Warren Buffet's Posturing helps explain why we the people are being left behind by the decision makers.

    If Warren Buffet is this selfish, we have to fight even harder for Chase Bank to reverse course on their 2% to 5% raise in the monthly minimum payment. It's people like Warren Buffet who only care about their immediate business family that are hurting the entire economy.


    Read what Warren Buffet wrote to his investors in a recent letter, and then get mad and don't give up.

    “Conversely, highly-rated companies, such as Berkshire, are experiencing borrowing costs that … are at record levels. Moreover, funds are abundant for the government-guaranteed borrower but often scarce for others, no matter how creditworthy they may be.”

    Wow!

    HOW YOU CAN HELP! MAKE A DAILY-PROTEST.com sign and put it where others will see it.
    Daily-Protest.com signs can be placed in a storefront window, a bulletin board at work, or a countertop. Raise curiosity and awareness about how Chase Bank is harming a LOT of of their BEST customers by making a Daily-Protest.com sign.

    Monday, August 3, 2009

    NEW BLOG ANNOUNCEMENT, INTRODUCING ROBOTS AGAINST CHASE BANK! THE ROBOTS AGAINST CHASE BANK ARE SPEAKING OUT.

    NEW BLOG ANNOUNCEMENT, INTRODUCING ROBOTS AGAINST CHASE BANK, CLICK HERE!


    Growing legions of Chase Bank customers / victims are now venting on YouTube. Robots Against Chase Bank is there to assemble the Chase Bank youtube venting protestors into one easy to find place.

    Posted using ShareThis

    Sunday, August 2, 2009

    Did Jamie Dimon Manipulate Chase Bank to ensure profit on EXPIRING CHASE BANK STOCK OPTIONS?

    CLICK ON IMAGE TO ENLARGE.
    I am in no way educated or an expert on how Wall Street works, but it is common knowledge that on July 16th, 2009 Chase Bank "reported" 2.7 billion dollars in "profit" for the second quarter of 2009. Five days later, Jamie Dimon exercised his option on 660,000 expiring shares.

    Did Jamie Dimon purposely make sure he could show overall profit for his company in the second quarter, just prior to his expiring shares, even if it meant tanking his credit card and home mortgage divisions to do it?

    The second quarter profit report by Chase bank was based on buying solid but struggling businesses at vastly undervalued prices, then reporting the worth of the purchased businesses at a much higher amount than they were purchases for.

    Why are these normally solid businesses struggling so much?

    Consumer Credit card interest rates had been raised, no incentives have been offered to help reduce the one trillion dollars in consumer credit card, debt home equity lines have been cut to well below fair market value, collateral backed loans are not allowed, a million of Chase Bank's best, always on time paying customers are being hit with a 2% to 5% increase on their monthly minimum payment as well! WOW, a quintuple play against the american consumer, leading to less available money to spend buying products or services.

    Beating up on credit card customers and home mortgage equity loans LOOKS GOOD TO WALL STREET, AND CAN RESULT IN SHARES RISING IN VALUE, especially if it is in conjunction with buying up businesses, businesses hurt by an economy that has had the capital suctioned out of it by banks like Chase Bank. Buying solid businesses at such a low purchase price, Chase Bank can immediately state the undervalued business purchase price, as a profit!

    As the consumer is hogtied by Chase Bank, solid businesses struggle, and become susceptible to takeover, by Chase Bank!

    The result of the 2nd quarter faux Chase bank profit report was Mr. Dimon made a couple of million dollars by first buying his expiring stock options at just under 30 dollars, then reselling them at the current Chase Bank stock price of 36 dollars.

    If Chase Bank had not had that 2.7 billion dollars of fake profit reported in the news media on July 16, it is conceivable that the price of Chase Bank stock would have dropped to below 29 dollars, and would have resulted in Jamie Dimon not making a penny.

    Without the news media misreporting how "well" Chase Bank "did" in the second quarter, might not Mr. Dimon have either taken a bath on those expiring shares, or simply lost the chance to sell them at all? I'm not a stock expert, so I don't know if Mr. Dimon could have just walked away unscathed if Chase Bank stock prices had dropped below his expiring option price.

    However, by reporting the faux 2.7 billion in profits, Mr. Dimon did make a profit of a couple million dollars and still retained an additional portion of shares worth another million or two dollars.

    Remember, what is good for Wall Street IS usually NOT good for middle america.

    Did Dimon bully over a million of his own Chase Bank customers by raising the monthly minimum payment from 2% to 5% as way to impress investors and keep Chase Bank share prices artificially higher? Did Dimon reduce home equity lines to well below market value to once again gain short term stock prices? Are house saving collateral backed home loans not being allowed to somehow gain favor with Wall Street?

    Obnoxious and even unlawful behavior can sometimes serve any company well in the short term. Slow but steady course of action that can preserve a companies long term value. If Dimon manipulated his own company to create short term Chase Bank profits for his expiring stock option shares, then maybe he should not be running the entire company due to conflict of interest. Maybe Jamie Dimon is manipulating his own company so he can personally benefit, even at the expense of his customers.

    Did Jamie Dimon cast aside slow steady growth for his banking empire so he could slash and burn the american economy to ensure that short term stock share prices would remain higher so Dimon could make a profit from an stock option opportunity that was about to expire?

    If yes, that what exactly has "changed" since Barack Obama took office?

    HOW YOU CAN HELP! MAKE A DAILY-PROTEST.com sign and put it where others will see it.
    Daily-Protest.com signs can be placed in a storefront window, a bulletin board at work, or a countertop. Raise curiosity and awareness about how Chase Bank is harming a LOT of of their BEST customers by making a Daily-Protest.com sign.

     

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