Interesting! I got in thru one of their acquisitions many years ago and have wanted to leave many time but I think this is the straw. I've heard Credit Unions have way better service and actually treat you like a customer anyway.
By the 1970s, Bank America, the holding company, was owned principally by the Vatican and the Jesuits, the Pope’s clever army who occassionally see fit to rebuff the Pontiff. In the 1970s, the ownership broadened out to include the French Rothschilds, wrongly identified by know-nothings as “Jewish bankers”, actually very Pro-Vatican into many joint finances not exactly compatible with ordinary Jews or the State of Israel.
By the early 1990s, Bank America stock was steadily declining. More numerous than the traditional Italian and Sicilian mafia, the Japanese underworld, the Yakuza, bought their way into Bank America, becoming a major joint owner.
Note, the suggestion to switch to a credit union is very specific. It can not be any FDIC backed credit union in name only sort of thing. Make sure it is a local Credit union.
This is the same shit that made the Great Depression snowball. Stop falling for their lies and fear. You never know if this dude is simply getting a divorce and needs the money to settle or any other expense a millionaire might have.
Fiat currency is created on the spot in credit transactions- when you buy a house or a car or spend money on a credit card, the bank creates new money on the spot to give to the seller and you pay back real wages that you have to earn. And if you refuse to pay, the bank gets to write off a liability, they can repossess anything you purchased or sue you in court to get your personal assets, and they likely also get a bailout from the federal government. This is pretty much what happened in the 2008 financial crisis.
So we'd get another bump of inflation, the bank would lay claim to the assets of 1 million people, and the court systems would protect them because that's their job.
The main problem in our society is that the banks create new fake money out of thin air. And that directly leads to the devaluation of our labor- the promise of technology and the insane improvements in labor efficiency have been almost completely siphoned off by intentional money dilution, which we call inflation.
Bank runs-back on the menu boys.
A-holes. They should not be allowed to use the word American in their name. Should be Bank of Illegal Immigration.
People didn't trust their old name.
Bank of Italy.
Interesting! I got in thru one of their acquisitions many years ago and have wanted to leave many time but I think this is the straw. I've heard Credit Unions have way better service and actually treat you like a customer anyway.
Yes and they only loan money locally they don't play around with swaps and derivatives and shorting the metals market.
Well it was founded by an Italian.
https://en.m.wikipedia.org/wiki/Amadeo_Giannini
I wonder if Bank of America is connected to the Vatican?
By the 1970s, Bank America, the holding company, was owned principally by the Vatican and the Jesuits, the Pope’s clever army who occassionally see fit to rebuff the Pontiff. In the 1970s, the ownership broadened out to include the French Rothschilds, wrongly identified by know-nothings as “Jewish bankers”, actually very Pro-Vatican into many joint finances not exactly compatible with ordinary Jews or the State of Israel.
By the early 1990s, Bank America stock was steadily declining. More numerous than the traditional Italian and Sicilian mafia, the Japanese underworld, the Yakuza, bought their way into Bank America, becoming a major joint owner.
Note, the suggestion to switch to a credit union is very specific. It can not be any FDIC backed credit union in name only sort of thing. Make sure it is a local Credit union.
Been out of banks for years now. Credit Unions have been my financial vehicle of choice.
This is the same shit that made the Great Depression snowball. Stop falling for their lies and fear. You never know if this dude is simply getting a divorce and needs the money to settle or any other expense a millionaire might have.
It is 4 insiders selling multiple millions worth of shares since the beginning of 2023.
What would happen if a million ppl took out a BOA credit card, maxed it out, then didn't pay the payments?
Nothing bad for the bank.
Fiat currency is created on the spot in credit transactions- when you buy a house or a car or spend money on a credit card, the bank creates new money on the spot to give to the seller and you pay back real wages that you have to earn. And if you refuse to pay, the bank gets to write off a liability, they can repossess anything you purchased or sue you in court to get your personal assets, and they likely also get a bailout from the federal government. This is pretty much what happened in the 2008 financial crisis.
So we'd get another bump of inflation, the bank would lay claim to the assets of 1 million people, and the court systems would protect them because that's their job.
The main problem in our society is that the banks create new fake money out of thin air. And that directly leads to the devaluation of our labor- the promise of technology and the insane improvements in labor efficiency have been almost completely siphoned off by intentional money dilution, which we call inflation.
Hmm... I guess a bank run would be about all we could do.
Even that just leads to another bank bailout and a different bank snatching up their assets and liabilities for pennies on the dollar.
The money system is not set up in our favor.
I'm happy to say BOA has money in me... 8,000 dollars @ 0% Until Dec. 2024.