Don't Worry Chase Bank,
Nobody Here but us Lemmings.

Tuesday, May 18, 2010

Brenda Reed, Oakland, California


I am a Vietnam War widow dealing with Chase/WAMU. On Monday, May 17th, 2010, unless I have legal or divine intervention Chase will sell my home of 38 years at auction on the courthouse steps in Oakland, California. I have been trying to work out my loan with Chase since July 2009.

I successfully completed a 3 month trial modification with manageable payments that dragged on for 5 months. On February 1st, the anniversary of the death of my husband, Captain James Eddie Reed, in Vietnam, a Chase rep telephoned me and stated "I know what today is for you . . . you have been denied . . . we are going to foreclose on your home. My home is also a bed and breakfast business. On April 24th I received the Notice of Trustee's Sale and it was taped to my door on April 26th -- something utterly devastating.

The one thing I know for sure is that my husband did not give his life for his country so a bank -- any bank -- could run rough shod over his family or countrymen....Read the rest of the story at Shame the Banks.


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Saturday, April 17, 2010

Syracuse Students protesting Jamie Dimon's commencement speech.

SU Students Protest Commencement Speaker

Jamie Dimon is supposed to speak at commencement services for Syracuse University. Lets hope smarter heads prevail and he is shown the door before speaking.

On the other hand, it might be better if Mr. Dimon speaks as there is little he can say that will be the truth and instead will be easily debunkable.


Don't forget, the Cat Who Ate Chase Bank, the book, coming out in sometime in 2010.

Thursday, April 8, 2010

Just who Won the Healthcare Debate, was it perhaps Wall Street?

Here are the players in the Healthcare Debate that we should consider.

Consumer credit card debt of somewhere between 850 billion dollars to 1 trillion dollars (if we count zombie debt, it could be as high as 1.5 trillion dollars???).

Consumers are paying 10-15 billion dollars A MONTH on interest rate charges on EXISTING credit card debt.

10,000 foreclosed homes PER DAY is creating new waves of wealth opportunities FOR THE BANKS AND WALL STREET.
OVER A YEAR SPENT DEBATING A HEALTHCARE BILL that won't take affect for SEVERAL years and could easily be revisited and changed before it becomes law, meanwhile 10,000 homes are foreclosed upon EVERY DAY.
Just who won the healthcare debate? I have read a few articles on the internet that Chase Bank is making money by buying distressed businesses and properties at well below market value. Animal analogies abound. A coyote eating their own leg off to get out of a leg trap, a vulture flying overhead viewing their next prospective carcass. Creating false wealth by buying cheap is a new scandal waiting to be fully exposed.

Keeping home mortgage modifications complicated and in perpetual turnaround is the precursor to being able to buy foreclosed homes cheap and later on sell at a higher price, (although it does depend on how much of the leg is being chewed off).

Wouldn't life be easier for all if all mortgages had their interest rates re-racked to 4% without review? Way too many resources are being spent on stalling people in home loan modification turnaround.

Don't forget, the Cat Who Ate Chase Bank, the book, coming out in early 2010.

Saturday, February 20, 2010

More Book Delays, still can't upload my photos from my Canon Power Shot Camera onto Apple Snow Leopard, FIVE MONTHS HELD HOSTAGE BY MAC!

The title says it all. I upgraded my mac to snowleopard and now I can't upload photos to my canon image browser software. Amazingly enough, the Apple I-photo software offers NO WAY to super impose words over the photo.

As anyone who has seen the prior photos I have created, they ALL have text on them. Costco has joined on the consumer fraud by continuing to sell canon powershot cameras in their store with the canon packaging that states the cameras work with macs.

If a camera's own proprietary software WON'T WORK on an computer platform, than the camera is being sold as an incomplete package. I learned a long time ago that archiving a library in master location is the simplest way to create a work flow. I refuse to bend from that principle.

I have found over and over that the digital world is all about destroying solid, steadfast rules in exchange for playing things fast, easy, and changeable to maximize profits even if it means destroying how people were already using their products.

Parallels can be made between our dysfunctional economy and punk companies like Apple that are too big to care.

Don't forget, the Cat Who Ate Chase Bank, the book, coming out in early 2010.

Tuesday, February 2, 2010

The Problem With America's Debt - Glenn Beck - FOXNews.com - Gasp, Glenn Beck compares China to Chase Bank, makes no sense.


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Glenn Beck does not understand the real damage that consumer debt is creating. He thinks we would be "better off" owing Chase Bank rather than China. This is just nuts. We would be better off incentivizing the consumer credit card debt by removing the interest rate charges for any consumer who is committed to PAYING DOWN THEIR CREDIT CARD DEBT.

Everybody wins, even the Chinese. But Glenn Beck falls short with his analysis. The alleged tea bagger could not bring himself to admit that national banks have destroyed local economies.

I will give some credit to Glenn Beck for spotlighting that the Barack Obama is holding on to part of the stimulus money so that the democrats can use it just before the next set of elections this fall to seed Wall Street and possibly electrify regions of the country with stimulus money.

But Glenn Beck loses the credit, and then some, when he has the gall to say consumers would be better off owing Chase Bank rather than China.

Wednesday, January 13, 2010

JP Morgan Chase makes money by Charging Fees, just another barnacle feeding off somebody else's wealth, not creating it.

With apologies to barnacles. Barnacles probably serve some important ecological function by attaching themselves to other living organisms and feeding off of them, but Chase Bank appears to be about feeding off of others by charging fees to make a profit, which then converts to bankster bonuses into the tens of billions of dollars.


Don't forget, the Cat Who Ate Chase Bank, the book, coming out in early 2010.