Thousands Protest BofA

**Daisygirl** · 10-01-2011, 05:12 PM

Thousands Protest At Bank Of America Offices In Boston | Fox News

This rocks my world!

I hope you see this, Niko, my friend!

**Nishu** · 10-01-2011, 05:25 PM

Bofa spokesman dismissed it as a 'publicity stunt.' ya think??! It's a PROTEST.

**mndtrp** · 10-01-2011, 06:12 PM

I don't see how these people think that their little protest is going to change a thing. The government has already come down on banks, somewhat, and there has already been a lot of news coverage on what the banks are doing. I guess it's good for people to stand up for what they believe, but I hope those arrests don't affect them later on down the line.

**Gabe** · 10-01-2011, 06:22 PM

Cancel your account and go to a credit union.

Thousands are doing just that.

No need to protest. Just bring your money elsewhere.

**Nishu** · 10-01-2011, 09:59 PM

Are there any businesses that you guys did not support? How did you decide? There's a lot of businesses that I don't care for and try not to support, but I don't go around looking for places to boycott. A lot of times, I'll hear about questionable business practices solely because of other's effort's to draw attention to it. If these people had just decided to quietly stop supporting these businesses, I never would have considered boycotting them. Instead, they turned their own dissatisfaction into a movement. That is precisely what these people are doing. They're drawing attention to these business practices in hopes that other people will notice and think hard about whether they want to support them.

Further, I don't have a BOFA account as my own bank is awesome. I have a lot of reasons to be upset with BOFA, but I have no account to close. And before you say that I haven't been personally hurt by their business practices, I'd like to point out that we were ALL hurt by the subprime mortgage crisis and prior to that the housing bubble, both of which BOFA had a hand in. We all are paying for the bailouts, which are a direct result of bad lending practices. (And they are only the most obvious bailouts. There have probably been untold numbers of government backed loans that they got reimbursed for.) This is not even to mention all the foreclosures that never should have happened, and loans that never should have been made. These things are hurting all of us, not just the people who are being foreclosed on. We are ALL paying for this.

Coorporations are set up in a very peculiar way thanks to the laws that brought them into existence. The true owners of the company are not legally responsible for the actions of the company. They can lose value in the stock, but they cant be sued. This system leads to massive corruption and a complete loss of the human element. In a true free market society, business owners act for profit, but at the risk of facing the consequences when they screw up. In a true free market economy, the boss takes the blame and the risk in addition to profit. When it comes to coorporations, this does not happen. Coorporate shareholders profit, but they have no liability whatsoever when the companies they own act in bad judgment, and this setup is destroying our economy and our country. When coorporations lose their way, the CEO gets let go with a bonus, the shareholders might face a little loss, one or two people get fired... There is absolutely no accountability.

I'm incredibly saddened by the lack of support being shown toward these people. It's beyond sad. It's terrifying. We are becoming worse than complacent. Many people are becoming outright hostile to these protesters. Coorporations and their shareholders no longer have to fight for the outrageous benefits they enjoy at our expense, because we are doing it for them.

Think of that next time you hear the term "class warfare."

**Greebo** · 10-02-2011, 05:10 AM

Originally Posted by Gabe

Cancel your account and go to a credit union.

Thousands are doing just that.

No need to protest. Just bring your money elsewhere.

Best form of protest there is.

Vote w/ your wallet.

**Daisygirl** · 10-02-2011, 07:09 AM

Personally, I'm a big fan of the non-violent protest. It brings publicity to the illegal or immoral practices of whatever entity is being protested against. When people stand up together, they get things done. During my misspent youth I spent many a weekend writing letters, holding signs and trying to make a difference.

I know it's not for everyone, though and voting with your wallet is also a very sound practice. Not all of us like making a scene!

**Uniwolf** · 10-02-2011, 09:27 AM

There are a few places that I flat out refuse to give my money to. But this is my way of voteing with my wallet. Most of the places that I refuse to deal with are ones who do not treat our military as I feel they should. So I shop elsewhere.

**MyLastRook** · 10-02-2011, 11:09 AM

Would you rather be oppressed by one tyrant one thousand miles away or one thousand tyrants one mile away?

As I understand it. This is a mob of spoiled, western, coffee house communists and trust fund bohemians, who are protesting Capitalism in general. BoA just happens to be the bank in the news this week.

I listened to a brief YouTube propaganda snippet, puked up by their spokes person. Described as a 48 year old student. That guy is in one really long, continuous degree program that evil Capitalist banks have subsidized. Wonder what his Student loan debt load is by now?

How do I know he was a Communist? Simple. He had a great big Red Star tattooed on his back...Most likely paid for by Uncle Sam and Senator Clayborn Pell

**sinopa27** · 10-02-2011, 11:38 AM

I am glad they are standing up against BoA!!!

**Nishu** · 10-02-2011, 01:44 PM

Originally Posted by MyLastRook

As I understand it. This is a mob of spoiled, western, coffee house communists and trust fund bohemians, who are protesting Capitalism in general.

The best way to undermine capitalism is to accept the system we have today that allows such businesses to nurse off of our tax dollars while taking advantage of the middle and lower classes. Let's not be tricked into working against our own economic self interests. These coorporations spend bazillions on lobbying our lawmakers to pass laws that allow them to work the system. They do not need us to defend them in the face of these protests.

If I can't protest BofA as a customer, I will protest it as a taxpayer and someone who believes whole-heartedly in capitalism. And I'm not a communist. I am a conservative, a libertarian. I'm not a bohemian, a communist, or a trust fund baby. I'd ask you where you've been getting your information about these people, but I suspect I know.

Ron Paul:

Capitalism should not be condemned, since we haven’t had capitalism. A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank. It’s not capitalism when the system is plagued with incomprehensible rules regarding mergers, acquisitions, and stock sales, along with wage controls, price controls, protectionism, corporate subsidies, international management of trade, complex and punishing corporate taxes, privileged government contracts to the military-industrial complex, and a foreign policy controlled by corporate interests and overseas investments. Add to this centralized federal mismanagement of farming, education, medicine, insurance, banking and welfare. This is not capitalism!

To condemn free-market capitalism because of anything going on today makes no sense. There is no evidence that capitalism exists today. We are deeply involved in an interventionist-planned economy that allows major benefits to accrue to the politically connected of both political spectrums. One may condemn the fraud and the current system, but it must be called by its proper names – Keynesian inflationism, interventionism, and corporatism.

**MyLastRook** · 10-02-2011, 02:08 PM

Oh boy. A Paul supporter.

So which wing of the Paul Constituency are you? Code Pink? 9-11 Truthers, White Supremacists and or Sepratists for Paul? Nut jobs who believe there's enough gold and silver to cover the current economy. Montana Freemen, Republic of Texas Moonbats who color their own licence plates with crayons and then shoot at cops when they get stopped, Federalist Papers Pounders or the "A libertarian is a conservative that still gets high' crowd?

Ron Paul has such a broad appeal to all of those groups that it's necessarily for me to know which category of Ron Paul Supporter you fall into, before addressing your interrogatory?

**Nishu** · 10-02-2011, 02:33 PM

Welcome to the boards, dude.

**frugalfranny** · 10-02-2011, 03:05 PM

Isn't free speech grand???

I voted with my wallet years ago.........and will vote again if my bank starts charging outrageous fees. (or any fees for that matter!)

**grneyegrl** · 10-02-2011, 03:31 PM

i voted as well..i went with a credit union and never will i use a bank again..

if there were a protest against boa or any major bank i would support it..as its my right as an american.. i would like to thank my daddy for giving me this right..

he serived in korea in the 50's, my two cousins served as well,one who almost paid with his life.