The 99-Percenters of the OWS movement are calling upon all freedom seeking Americans to cut themselves loose of their umbilical cords on November 5th, 2011 by transferring their money from profiteering parasitic financial combines to collaboratively owned, not-for-profit credit unions. A great idea—even better I think, than my “walk-in-the-park” shopping-fast idea mentioned in my previous post.
I know that cutting the cord can be difficult but if you wish to be free….
A bit more than a decade ago my family and I set out on an open-ended sailing voyage around the world. The most onerous task we had to deal with before departure was to cut our financial umbilical cord. As I went about the task, I discovered that our financial entwinements with myriad nameless, faceless and heartless money handlers amounted to being attached to a dialysis machine, 24 x 7. Although the operation needed to cut the connection between ourselves and our financial parasites did not threaten the parasites, it was a complex surgical procedure in which one slip of the knife could cause my family, the hosts, to bleed to death. It wasn’t easy but it was our only path to freedom.
When a single host cuts the cord that ties it to its parasite, the money-sucking creature has plenty more hosts to draw from, but if many hosts perform the surgical procedure around the same time, it is quite likely to have a profound affect on the parasite’s comfort level.
But cutting away the parasite’s invasive tendrils is still a dangerous operation, even more so than when my family and I did so many years ago. An article in yesterday’s NTY, “Online Banking Keeps Customers on Hook for Fees“, illustrates how our financial parasites have managed to enslave their hosts by inserting their money-sucking tendrils into more and more of our vital organs.
“The Internet banking services that have been sold to customers as conveniences, like online bill paying, serve as powerful tethers that keep them from jumping to another institution.”
Although the parasitic financial institutions claim to be providing their hosts with more convenient services, in fact their game has been to reduce their operating costs by forcing their hosts into do-it-yourself electronic banking while insinuating their blood-sucking tendrils ever deeper into their host’s circulatory system.
“The technology locks you in and they’re keenly aware of it,” said Robert Smith, who was chief executive of Security Pacific when it was bought by Bank of America in 1992. “It’s very hard for consumers to just ditch that.”
“For years, banks have openly sought to attach as many loans and services as they can to a customer, like credit cards, mortgages and mobile phone banking.”
Americans say they pride themselves on their freedom, but as a matter of fact, they are one of the most enslaved peoples on earth. Their parasites know just what they are doing and are constantly working to suck more blood while deluding their hosts into thinking they are the beneficiaries.
“Studies commissioned by Fiserv using data from SunTrust and Wachovia in 2007 and 2008 emphasize how online banking and e-bills reduce customer turnover while substantially raising profits per customer….”
“[W]hile keeping customers happy is critical, just as important is keeping them captive.”
Financial services based in mutual trust are necessary in societies in which money has become their life-blood, but those financial “services”, when rendered for profit, eventually threaten every individual’s ability to adapt and change—threaten their freedom. When that happens, the survival of the individuals as well as the whole of the society, are at risk (i.e. 1929 – 1941 and 2008 – )
It’s not easy, but cutting the cord in unison might help make a difference!


