House Panel confronts Bankers 02/11/09

[Brickhouse86]

that last guy was soo full of crap! Send them to me and I will fix all 90 million credit card problems...

[cmdreno]

Captions defeat the whole purpose of 'video'

[DMCer09]

Take your stupid captions off the video!

[BLOGGERSAGAINSTCHASE]

Two people talking... "I am on a diet to lose 50 pounds".

"I told you not to eat sugary foods, desert, after six o'clock. To walk 30 minutes a day, and and and...

Do you see the disconnect?

The response was exactly what some of the intolerant responses below showcase, a narcissistic, my stuff don't stink, you should be like me, too bad for you attitude.

Lets not confuse the people who want to pay down their debts and just want a fair chance to do so, with thieves, liars, and murderers.

[coronet72]

The ability to arbitarily raise rates, change due dates, biling cyles, slow processing payments to generate late fees, reduce balance limits to trigger over the limit fees at the same time people are seeing available household incomes being gobbled up by jacked up fuel costs, sky rocketing health and property insurance rates is criminal. Profit is one thing, gouging is another. The consumer game plan is to pay off the card and fire the bastards.

[unholyaquarius]

you know there's something to be said for personal responsibility.

however, it seems clear to me that the origional idea behind the creditcard with it's ridiculous interest rates was to CAUSE consumer debt.

[missinghome456]

thats the problem with america

no one is willing to take responsibility

The big crooked wall street bank gave me credit card i spend way beyond my limits again because of crooked credit from evil bank. I couldnt pay my mortgages to mr evil bank for the home i couldnt afford in first place. I spend way more than i could ever afford. Hey but i am not at fault

the evil banker gave me the credit card

come on america take responsibility for your actions

[brittyn]

do people have no self control? just because you are given a credit card doesn't mean you should create debt for yourself. geez, these people are morons. your rate wouldn't jump from 6% to 25% for no reason. that is caused by being delinquent or overlimit for a certain length of time. take responsibility for your actions, should we babysit everybody because they can't figure out on their own that they aren't able to pay back what they are spending???

[sapaman]

... do you think the average consumer has a chance against a machine that spends most of its time trying to figure out ways to penalize you? Consumers are busy with heir lives and can't be judged for not reading all the small print confusion heaped on the them by the credit card companies. "Oh we're sorry your rates when up... well you were late. what do you expect. Yes, I understand you used to have 4 weeks to pay. Didn't you get our confusing letter that explained we moved that to two weeks?'

[brittyn]

if you are so confused then you can call in and ask questions. being ignorant is not an excuse. and it's not all "small print confusion" most of the terms regarding fees and rates are in BOLD PRINT. there are tons of people that admit that they don't even OPEN their statements, and continue to just make payments, then complain years later that they didn't notice something had changed. uh.... whose fault is that?

[melisscali]

my credit card after being a week late went up to 24 percent and they harassed me daily violating the FDCPA. They are evil and unethical

[krazygiggitygoo24]

where can i see the whole thing, i need to watch more for my economics class

[garyowen4ever]

lord blankenstein of GOLD MAN SLACKS is a nebish pinhead classic ny rat weasel that sounds like arnold stang the 50's tv comic....oy vay!

[averageworkinggal]

There they are. The Illuminati themselves.

The Seen Unseen Hand. The nonsecretive International Bankers.

But where is Rockefeller? Where is Rothschild?

Lewis, Blackfein, Pandit, etc. but no Rockefeller and Rothschild.

Maybe a century has passed.

It's time to update the International Banker delusion.

[MpLMx]

Wow!!! The silence (1:37) explains it all...

A bunch of crooks making people going bankrupt.

[stargell777]

I still love Maxine Waters.

[70road]

Politicians, bankers, wall street, mortgage brokers and home buyers are all as crooked as the day is long. I would be more trusting of the system if more people were going to prison.

[hac5x3]

Classic - the government lets them rob and then complains about it, What a country This is all BS show boating - they're all crooks including these committee members. They're just show boating for the sheeple USA "constituents" so that he can say he did something - don't buy it. It's the crooked teller at the bank window - when there is some question about her involvement she asks the bank robber - "why did you rob the bank". and the bank robber says "who me?" JUST A SHAM.