Skip to main content

America on the dumb end. Part I

***** Remember to click older posts to see additional posts. Please click on the title link for a little background on this post. Thanks.****

Short post. WTH is going on in D.C.? What is going on with my fellow Americans fighting to maintain the profit margins of banks? I recently had someone attempt to argue to me that we needed to protect the rights of banks to raise debit processing fees. The argument was not raising the fees would cause small banks, small towns, and small businesses to fail. I was lost. I read the posting several times but could not grasp how the user came to such logic. When did banks depend on debit fees to run their operations? I always thought banks made most of their money on investing in venture enterprises and in loaning money to customers. The interest rate for inter-bank borrowing is less than 1% but to the consumer the rate is is still well above 3%. The posting had me lost and confused about the defense to save the banks.

This man was arguing for something that actually went against his own economic stability. When banks raise processing fees on debit cards, small business owners then pass the cost to their customers (i.e. you, me, and the man desiring higher fees). Either he hates anything Obama puts out to help American people or he is just a corporate troll.

I had been asked recently what to do about trolls on the internet. Trolls on the internet are the people who use chatrooms, bulletin boards and other forums to create havoc during actual intellectual conversations. Recently corporations and politicians have hired people to create havoc online to either quell intellectual stimulation or to push a particular fascist point of view. The saying "If enough people say it, it must be true." applies so well to the internet. If he is not a paid troll then he is a victim of misinformation in continuous play being fed to his sub-consciousness. This man has heard so often how trickle down economics works that he is unable to see the results of 10 years of trickle. The banks did not create any jobs from the TARP money. There has not been one trickle to the people who bailed out the banks. He is unable to see his rights as a citizen being usurped by corporations. America we must awake to see the reality of our government being taken over by corporations. We must do it now; for the children.

Links: (let me know if questions crossed your mind on this link)


  1. That's a very good point you make about banks supposedly having to survive on debit credit rates; a ridiculous notion indeed. And the very fact that these new rate limits benefit retailers, especially small businesses, no doubt needs to be amplified.


Post a Comment

Popular posts from this blog

White Boys Whine

Quick  and dirty   Star Trek  Discovery  is everything  I  thought  it would  be.  It is my hope the White  boys  chill the fuck out .  There will be a White male captain .   The Black  woman  will be of a lowered  status.  White  boys  are you appeased ?
My personal  view fuck White  boys who had their dicks in a vise  over women  of color  at the helm of a fictional  space vessel.  I shall watch  Star Trek  Discovery .  I shall pay the fee to CBS Access  with joy. If you wanted to watch OITNB you paid  Netflix . Overall  I look  forward  to the day a fictional  show  that features  women  of color  in prominent  positions  doesn't  freak out White males.  They were  so freaked  out  they compared  The Orville  to Star Trek  Discovery .  Guys chill out ,  future  happens .

The Pure Driven Snow in Mississippi

Work to do

I am typing a few quick thoughts today.  This thought is about White people being real.  When I returned to Mississippi in 2002, I had planned to only be here two years.  I didn't wish my kids to be in the oppressiveness of Mississippi too long.   I like other young Black people left this state before the ink was dry decades earlier.  When I returned in 2002, I was to learn of a silent change in the state, White folks waking-up. 

They are sadly still not the majority in 2017 but they are growing daily.  Trump has helped many White people face the mirror no longer able to deny the truth.  They are now facing the results of hate without the filter of Confederate glasses.  Mississippi is a wreck and holding on to a divisive symbol of hate, our flag.  Centuries of hate in the state has left the state destitute to the point even White people are leaving in large numbers.   Those now leaving are exporting hate to other states that have done well economically by ending policy of hate.