Wednesday, October 19, 2011

You Ain't Closing No Account

Customers of Citibank were arrested over the weekend after trying to close down their bank accounts.

Twenty-three customers of Citibank allegedly found themselves under arrest after being locked in the bank at 555 La Guardia Place, New York by security guards who even forced legitimate Citibank customers going about their daily business back into the bank.

Citibank responded to the allegations of arresting customer by releasing this statement:
A large amount of protesters entered our branch at 555 La Guardia Place around 2:00 PM today. They were very disruptive and refused to leave after being repeatedly asked, causing our staff to call 911. The Police asked the branch staff to close the branch until the protesters could be removed. Only one person asked to close an account and was accommodated.
Video shows quite clearly that those inside the La Guardia Place branch of Citibank were not disruptive and remained quite calm and peaceful and also there are reports from eyewitnesses stating the explanation given by Citibank is far from the truth.

~ from Citibank Arrests Customers for Trying to Close Accounts by Richard Henley Davis ~
One of my big criticisms of the so-called health care reform pushed by the Obama administration involved the mandate to purchase private insurance. With no regulations or safeguards enacted to limit costs, it is nothing more than a brazen attempt to force Americans to enrich the already egregiously wealthy insurance industry.

While that portion of the bill is being reviewed by the judicial branch, it seems that Corporate America and the police state have come up with a new gambit to keep the money train a'chugging along: Don't allow bank customers the right to close their accounts!

Can you imagine that? You walk into your bank to close your account and the bank staff refuses. If you insist on getting out YOUR money, they have you arrested.

What an ingenious (albeit illegal) strategy!

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