Daily Archives: November 15, 2011

Judge Rules Against US Constitution, Sides With 1%

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As you know, Mayor Bloomberg, the Billionaire Mayor of New York City and Poster Boy for the 1%, had the police rather violently toss the Occupy Wall Street protesters out of the park they were occupying during the dark of night very early this morning. The idea, according to Bloomberg, who has never been that good at telling the truth but strangely not that good at telling lies either, was to clean up the park and let the protesters back in. But … Continue reading Judge Rules Against US Constitution, Sides With 1% →

Bank Of America Makes Millions Charging Fees To Withdraw Unemployment Benefits

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Late last month, a national backlash forced Bank of America to abandon its plan to charge customers $5 a month to use their debit cards. But Huffington Post reports that the corporation has quietly been mining other sources of fees, preying on its most vulnerable customers to rake in millions in revenue…Forty-one states have contracted with Bank of America, Wells Fargo, JP Morgan Chase, and other banks to provide access to public benefits, allowing them to collect unlimited fees, both from the unemployed and state governments. South Carolina, for instance, pays Bank of America a fee for each transfer it facilitates on a debit card, and for handling direct deposit of unemployment benefits.

It’s what you would expect. Read about it here.