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"bank of america" is one of the good ones

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  • "bank of america" is one of the good ones

    My colleague at work just got through lecturing me on how BOA is one of the "good banks". They are fine. In fact, they are in such good shape that they were buying other banks.

    Sometimes I forget that the MM really does control the country. This guy is a smart guy who follows the news closely. WTF!

    On a related rant... everybody I talk to seems to either have their head in the sand or they see that things are bad but they themselves are OK because _____________ & ___________ & __________

    Those include, "I have a job", "I have a house", "Things will get better at the end of the year", "Housing is great deal now", "stock market is turning around", "Obama" ... blah, blah, blah.

    The general theme of it all is "me, myself, and I" will be fine. It really saddens me. Things are going to have to get A LOT worse before attitudes change. People do not care about TARP, deficits, inflation, taxation, G20, etc. They only care about the here, now, and themselves.

  • #2
    Re: "bank of america" is one of the good ones

    I feel your pain, I was debating with my roomate last night why I tend to like smaller credit unions over big banks despite their higher interest rates. I really am finicky about relying on FDIC at this point. Just because someone "follows the news" doesn't mean their perceptions are any different than the mass media.

    In our culture, it's hard for people to go about their daily lives while thinking about these things simultaneously, until they get burned.

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    • #3
      Re: "bank of america" is one of the good ones

      "Things are going to have to get A LOT worse before attitudes change"


      That says it all. I know my friends (most in their 30's) have never experienced hardship of any major size and either don't understand or don't WANT to understand how bad things could get.


      PS...i quit BofA in Jan...they are not a "good" one IMHO

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      • #4
        Re: "bank of america" is one of the good ones

        Originally posted by sn1p3r View Post
        "


        PS...i quit BofA in Jan...they are not a "good" one IMHO

        I am doing the same tomorrow. They do try to lock you in with the free bill-pay, etc. It is like changing your email address... PITA

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