Monday, November 7, 2011

Living on Social Security 005: Blaming the Banks?

Next up we have an article from the Marin Independent Journal from the Bay Area of California. This article is all about a Move campaign encouraging people to take their money out of for profit banks and putting their money into community banks or non-profit credit unions. (As if you need a campaign to do that.)  But anyway, the article focuses on one couple who are angry and they are not going to take it anymore! At the beginning of the article they give us their financial situation:

After that, the Salazars joined some 200 sign-waving demonstrators on the sidewalk in front of the Bank of America branch on Fourth Street in downtown San Rafael.
"My husband and I are retired and living on Social Security, and we're barely making it," she said, holding aloft handmade placards that said, "I am a 99 percent. No more of my money."
"The banks are ripping off huge profits from the rest of us," her husband added as passing cars honked in support. "We need to make it fair."

Let me get this straight.  The government took your money your whole working life, you had no say in the situation and they spent all the money so the checks you are getting are actually from the general operating fund and not an account with your name on it and you are now complaining about banks taking your money and how it needs to be more fair?!  Talk about a case of misplaced anger.  The government is taking your money and you are protesting banks.  It just goes to show you that you can protest private institutions and you have a choice to go to another place.  But the Salazars have no choice about their retirement money since the government controls it and forces people into it.  Sad really.

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