The Top Three Banks: Jp Morgan, Bank of America, and Wells Fargo. All Told, During the First Quarter of This Year, the Moneylenders Racked up $2.5 Billion in Overdraft Fees from Consumers.
The money changers in the temple courts were similar to tax collectors in that they extorted money from their own people. They were more than ordinary businessmen. They were seeking to profit financially from the worship of God. Wherever passion and zeal are found, there will also be those who seek to profit from that zeal. Paul wrote to Timothy about such people, false teachers who found a way to make a fortune off the gospel (1 Timothy 6:5). Modern versions of the money changers flood the airways, promising to exchange your hard-earned dollars for blessings, healing, and God’s favor. For a suggested donation, they will supposedly pray for you or promise virtually anything you want. For another twenty bucks, they will sell you a book about how to wrangle prosperity, health, or spiritual insights from God. And, like the simony of the first-century money changers, the practices of modern religious price gougers only aid those worshipers who have enough cash to purchase their wares.
It’s been a while since I’ve gone off on a rant — not that there has been any shortage of outrage to be had.
The problem is that all of these horrible atrocities have been coming at so fast a clip, it’s almost hard to keep up with it all. I fear that I’m becoming desensitized to the point of outright apathy. My outrage seems almost tapped out.
J.P. Morgan Chase, Bank of America, Citigroup, and other mega-banks were found manipulating currencies in order to pad their coffers with ill-gotten gains. Four pleaded guilty to conspiring to manipulate the price of the dollar and the euro. Most outrageously, bankers and traders were caught in online chat rooms joking about it all. One trader summed it up best: “If you ain’t cheating, you ain’t trying.”
Regulators slapped them with $5.6 billion in fines…
You could be forgiven if you didn’t grab a pitchfork and torch and head down to Wall Street; it seems like the nation met the news with a collective shrug. In fact, the share prices of a couple of these banks actually WENT UP after the news broke.
We’ve become so accustomed to bank thievery and conspiracy that it almost isn’t even news anymore.
These big banks have paid out over $184 billion in fines for crimes like manipulating markets, rigging interest rates, and sticking homeowners with predatory mortgages — and that’s just since 2009!
But the banks are having no trouble paying out these fines, and seem to treat it as the cost of doing business. According to the FDIC, U.S. banks have raked in about $700 billion in profits between 2007 and 2014. So while $5.4 billion sure sounds like a boatload of money, the banks can cover that easily with one simple trick.
This headline finally fired my outrage meter back into gear: Overdraft fees top $1 billion at the big 3 banks.
That’s only the top three banks: JP Morgan, Bank of America, and Wells Fargo. All told, during the first quarter of this year, the moneylenders racked up $2.5 billion in overdraft fees from consumers.
That is a ton of cash scraped from our pockets in a very short amount of time.
The average fee for an account overdraft is $30 — over 10% more than it was in 2009.
In typical Orwellian fashion, banks often refer to these fees as “bounce protection” or “courtesy overdraft.” But a courtesy it is not. Most of these overdraft fees are essentially tiny, short-term loans at astronomical interest rates. According to Bankrate, the markup on these fees would make a payday lender blush…
Someone who overdraws their account at the ATM by $20, and is charged the median overdraft fee of $27, would incur an annual percentage rate of 3520 percent if they repaid the loan in two weeks.
I’d wager that nobody in their right mind would agree to a loan with several thousand percent interests.
If this rate keeps up, these shysters will reap almost $10 billion this year by preying on their customers. That more than covers the latest round of fines from illegally stealing money from investors the world over.
There are a couple of ways you can fight back against this overdraft oppression.
The simplest thing you can do is call and complain. It sounds obvious, but in a non-scientific survey of a dozen folks I know who have had overdraft fees, only two actually called to have the charges reversed. Both were successful in hanging on to that $30.
You have nothing to lose by simply calling your local branch and asking them to do you a courtesy, especially if you don’t overdraft often.
But the best way to avoid overdraft fees, in general, is to opt-out of overdraft protection entirely. That way if you don’t have the cash to cover your purchase, you cannot make the purchase. While it may be embarrassing to have your card declined in the grocery line, it sure beats paying bank thousands of percent in interest. Source
“Unless God has raised you up for this very thing, you will be worn out by the opposition of man and devils”…
The Birth Pains Are Growing Stronger….
“Man will ultimately be governed by God or by tyrants.”
My name is Steve Meyers and I need to share a vision and warning that the Lord showed me back in April 2007….
Many of you will ask why I waited so long to share the warning. I didn’t. I shared the story with everyone that would listen from pastors to friends to family to colleagues. Immediately following the initial vision, I called a close friend. I told him to sit down that I had something to tell him. I needed it documented as I knew this was supernatural and from God. As I witness events unfolding today, I need to share the vision again.
The risk of loss in trading futures and options on futures can be substantial. The author does not guarantee the accuracy of the above information, although it is believed that the sources are reliable and the information accurate. The author assumes no liability or responsibility for direct or indirect, special, consequential or incidental damages or for any other damages relating or arising out of any action taken as a result of any information or advice contained in this commentary. The author disclaims any express or implied liability or responsibility for any action taken, which is solely at the liability and responsibility of the user. Steve Meyers
The silencing of the American people before 2020?
“The human heart is an idol factory.”
The Un-Godly — Those That Suppress the Truth, the social media giants built multi-billion dollar empires by giving everyone a voice, but now that they have such a dominant position on the Internet they have decided that many prominent conservative voices should be completely silenced.
Our government has been overthrown. As evidenced by Trump’s capitulation on the border, his recent servitude to the GMO industry and his acquiescence to the warmongers, our President has been compromised. Our liberties are being eliminated one by one. Gun confiscation is next. The Constitution is gasping its last breaths. Our borders are destroyed and our culture has been turned upside down by every perversion known to man.
The Left, a broad term for Liberal Socialist Democrats that can only be explained fully by using the Bible explanation of the human race is as follows. A servant of Satan, because you are either saved or lost. This election has brought out the true nature of who you serve. Simply put, it’s Donald Trump, Conservatives, and Christians against the rest of the world. The Left’s Love applies only to those who believe as they do. They Love evil and commit Anarchy against those who love good. They are governed by lies and never tell the truth. On this Friday, Inaugural Day for the swearing-in of Donald Trump as the 45th President of the United States the Left wants to commit widespread Anarchy to shut down the swearing-in ceremony. Their goal of transforming America, which was founded in Judea Christian values into a Pagan Nation is almost complete. Their goal has always been the total removal of God from American society and the downfall of America. Donald Trump says he is a Presbyterian, but he left off the USA, an apostate church.
Everything done in dark will be brought to light, being biblically bankrupt will not exclude the elitist.
Let Me Make This Abundantly Clear. (I Am Apolitical) While I Have a General Distaste for Politicians No Matter the Party They Belong To, I Am Unashamedly Politically a Bible Believing Conservative Christian. I Have a Severe Distrust of Government. I Believe It Is the Most Inefficient and Ineffective Way to Accomplish Most Things. While I Strongly Disagree with Liberals/Progressives and Conservative on Most Political Issues, and While I Believe Liberals/Progressives and Most Politicians Are Terribly Misguided and Naive About What Big Government Will Eventually Result In, I Strive to Not Question Their Motives. at the Same Time, While I Find Myself in Agreement with Conservative Politicians on Some Issues, I Do Not Believe Electing Republicans Is the Answer to Everything. for Me, Very Sadly, the Main Difference Between Republicans and Democrats Is How Quickly They Want to Drive the Car Towards the Cliff. Simply Put, I Do Not Believe the Government Is the Solution for Everything. I Do Not Place Any Faith, Trust, or Hope in Any Politicians to Fix What Is Wrong with the World. “Come Lord Jesus!” (Revelation 22:20) StevieRay Hansen
“And it shall come to pass afterward, that I will pour out my spirit upon all flesh; and your sons and your daughters shall prophesy, your old men shall dream dreams, your young men shall see visions.” (Joel 2:28.)
John Wesley who said that what we tolerate in our generation, will be embraced by the next. Wesley is 100% correct! We are living in sick times.
Usually, the Lord doth no great thing for or against his people, without giving warning of it before it comes.
They perverted justice among themselves (v. 7): “You turn judgment to wormwood, that is, you make your administrations of justice bitter and nauseous, and highly displeasing both to God and man.’’ That fruit has become a weed, a weed in the garden; as nothing is more venerable, nothing more valuable, than justice duly administered, so nothing is more hurtful, nothing more abominable, than designedly doing wrong under color and pretense of doing right. Corruptio optimi est pessima —The best, when corrupted, becomes the worst.
It is impossible to find anyone in the Bible who was a power for God who did not have enemies and was not hated.
2 Corinthians 4:8-11 New King James Version (NKJV)
8 We are hard-pressed on every side, yet not crushed; we are perplexed, but not in despair; 9 persecuted, but not forsaken; struck down, but not destroyed— 10 always carrying about in the body the dying of the Lord Jesus, that the life of Jesus also may be manifested in our body. 11 For we who live are always delivered to death for Jesus’ sake, that the life of Jesus also may be manifested in our mortal flesh.
“Pedophile” has reverberated throughout America. But beneath our anger and revulsion, a fundamental question pulsates: Are those who abuse their positions of trust to prey upon children—a category certainly not limited to those in religious orders—sick … or are they evil? We need the answer to that fundamental question. Because, without the truth, we cannot act. And until we act, nothing will change.
My job is protecting children. It has taken me from big cities to rural outposts, from ghettos to penthouses, and from courtrooms, into demonic battlefields. But whatever the venue, the truth remains constant: Some humans intentionally hurt children. They commit unspeakable acts—for their pleasure, their profit, or both.
The number of Orphans aging out of Child Protective Custody has grown at an alarming rate. The 127 Faith Foundation receives many requests each week to house them at our ranch. Our prayer is that the good people of our country will step up to the challenge and offer financial support for "the least among us." We need your help! StevieRay Hansen, Founder, The 127 Faith Foundation