So What Do You Think?

Do you believe that it’s possible for consumers to band together to effectuate change? I don’t think its nearly as complicated as one would think. All that is needed is a commitment to stand together as one unit. If enough people sign on to the program – the magic lies in the numbers. If you read this — please let me know your thoughts!

Join Me – Saturday Mornings at 9 AM

Join me Saturday mornings at 9 AM on www.wdfn.com (streaming); in the Metropolitan Detroit area that’s Sportsradio WDFN 1130. I am the host of “The Financial Crisis Talk Center” a one hour talk show hosted by me and our law firm, “Thav, Gross, Steinway & Bennett, P.C.”

If you’re mad and angry about the Financial Crisis and the mess we face today, this is your chance to speak your mind. Call me on the show at 248.848.1130 – that’s Saturdays at 9 AM.

Let's level the playing field

We now know that the Banks are vulnerable – if their cash is cutoff – they crumble. This means we – the Consumers – have a chance to level the playing field. How do we do it? We organize. We band together and negotiate with our combined economic power. If 1,000,000 credit card users who make minimum monthly payments of $100.00, band together, we have the power to withhold $100,000,000 from the Banks – per month.

We don’t have to stop paying – all we need to do is to join together and use the leverage of committing to hold back payments to negotiate real reforms. Fair interest charges and reasonable policies.

Join me on this campaign. If you’re interested; post your support on this Blog, tell your friends and email me direct at kengross@thavgross.com.

The time is now and the time is long over due!

What have we learned ….

What have we learned? We learned over the last 20 years – two important lessons. First, the Consumers have been taken advantage by Banks, Mortgage Lenders and Big Business who have had the economic strength to lobby Congress to allow them to charge outrageous credit card interest and to create mortgage programs that have created economic disaster for the U.S. economy and the Global economy.

Second – we’ve learned that the Banks – as big as they seem – are vulnerable when they are short of cash.

Whose Going to Pay for the Bailout???

Let’s think about it. The Banks have lost billions and have turned to Uncle Sam to borrow money to stay in business. They have to pay this money back in 5 years otherwise the preferred dividend the government receives goes from 5% to 9%. Where are they going to get the $$$$. We know its not going to be in mortgages! That leaves – what else – credit card interest, bank fees and charges. If you think we’ve been abused until now – just wait.

Do you agree?