When everyday people get that sinking feeling powerful forces control their financial lives, plenty of information supports that fact. The country experiences uneven inflation and interest rates driven by a handful of decision-makers in Washington, D.C., and big banks. On this The Jimmy Dore Show video, a recent move by a major bank will have a rippling effect on millions of Americans in a supremely bad way.
It appears that Wells Fargo may have pulled yet another bait-and-switch maneuver on trusting customers. According to reports, Wells Fargo ranks among the top 10 largest banks in America, and it offered people a new product designed to reduce unnecessary fees and provide borrowing opportunities. After wide-reaching credit card and loan holders were scammed into signing up for Wells Fargo’s seemingly good deal, the rug got pulled out from under their feet.
The unsuspecting people who put their faith in one of the country’s biggest banks are about to take a credit score hit. What’s even more troubling is the fact that financial institutions such as Wells Fargo couldn’t care less about the negative impact their profiteering has on the lives of working families.
Like so many outraged patriots, Jimmy Dore won’t allow Wells Fargo elites to walk away unscathed. They’ve caused insult and injury to people who support loved ones and pay taxes. Despite doing the right thing, crooked bankers continue to swindle people who appear powerless to stop them. If you are frustrated with banking criminals getting away with scams, watch this video and arm yourself with facts, and learn how to fight back.