Boycott the Banks

I decided to write this blog in response to the continued attack on average Americans by the banking industry. After all, didn't we just bail them out of their financial problems? These same banks used criminal practices to rip off their customers with impunity. They were then rewarded for this behavior with taxpayer dollars. It seems to me, and I am confident many others, that these banks owe us taxpayers a little respect!

So why am I writing today? Well, instead of being grateful for our rescue of their failed industry, or would have been collapse, the banks are literally attacking the customers. They are withholding much needed loans, raising interest rates, charging excessive fees, and doing these things in a way that seems like punishment for upcoming consumer protections that our new administration is planning to implement.

Banks caused much of the current economic problems we face, if not all. We are all struggling to survive and now the banks are costing us more of our incomes by raising fees and rates. I would love to boycott my bank. The problem I face now is how do I go about it? The banks have guaranteed that in order to do business, we need a debit card, credit card or loan. I cannot reserve a room online, or shop online for that matter without a card. Without checks, I can't send in payments for my bills, unless I purchase money orders, which is certainly possible. So, what are the
alternatives?

I believe that the banks need to somehow see the power of the decent of its customer base. Where else will they get their money? We should not be slaves to the bankers and our hard earned paychecks should not be spent month after month on minimum payments that cover only interest. Are we working for the banks America? I find myself having no problem answering that question every time I do my online banking.