Citibank and other banks are pulling mastercards off the face of the earth. Even people with good credit are getting denied. Gas Cards like CITCO, SHELL and others insured by these banks (AMEX, CITI, BANK OF AMERICA, WELLS FARGO) are giving the consumer headaches. Pretty soon there will be NO MORE CREDIT CARDS floating around and the only people to have them are large corps and rich individuals.
This is not fair and it is unAmerican to say the least. It is high time we, the people strike back. Where are all the patriots? These corporations are greedy and horrible and we have to be rid of them soon.
In the summer of 2009 I predicted that the banks and credit card companies are going to go bankrupt and I stand by that prediction. This is the start of that prediction and, unfortunately, the consumer always has to suffer.
We usually pre-pay our Citco credit card and that is why I think we have been safe but if the banks and FDIC go down then we got $100 dollars of no gas and nothing to show for it. I'm not pre-paying anything anymore.
