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Topic: New Anti-Choice Bank of Montreal Mastercard
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audra trower williams
rabble-rouser
Babbler # 2
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posted 25 March 2005 12:35 AM
Let's all start boycotting the Bank Of Montreal because of this, okay?From that link: quote: Why are we offering this Mosaik Card program? Because of this partnership, you are able to support our efforts in building a country that will welcome, respect and protect every human life.LifeCanada-VieCanada was incorporated in 2000 as a non-profit association of local and provincial educational pro-life groups across Canada. Our mission is to a) promote the sanctity of all human life from fertilization to natural death through public education; b)advocate for those not yet born, the infirm, the disabled and the elderly who are all uniquely created by God. Our headquarters are in Ottawa. This initiative comes at no extra cost to you. When a new account is approved, the Bank of Montreal makes a financial contribution to us. Furthermore, when you use your card, an additional contribution is made to us from Bank of Montreal.
[ 25 March 2005: Message edited by: audra trower williams ]
From: And I'm a look you in the eye for every bar of the chorus | Registered: Apr 2001
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Boom Boom
rabble-rouser
Babbler # 7791
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posted 25 March 2005 09:50 AM
Thread drift - sorry! - but relevant to credit card discussions; not sure if this will impact Canada but it sure will impact the USA:From:Wednesday, March 09, 2005 8:13 PM "Arianna Huffington" [email protected] - snip from much longer article - In a normal world, those elected to represent the interests of the people would have fought for bankruptcy legislation that would, well, represent the interests of the people. But not in Beltway Bizarroland. Instead of cracking down on predatory lending practices, closing loopholes that favor the wealthy, and strengthening the safety net for working people, single mothers and elderly Americans struggling to recover from a financial setback, the Senate put together a nasty little bill that reads like a credit industry wish list. Rubbing salt in the wound, Sen. Charles Grassley, the bill's chief sponsor, labeled it the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005--even though it does nothing to prevent bankruptcy abuse or protect consumers. So what does the bill do? It makes it harder for average people to file for bankruptcy protection; it makes it easier for landlords to evict a bankrupt tenant; it endangers child support payments by giving a wider array of creditors a shot at post-bankruptcy income; it allows millionaires to shield an unlimited amount of value in homes and asset protection trusts; it makes it more difficult for small businesses to reorganize, while opening new loopholes for the Enrons of the world; it allows creditors to provide misleading information; and it does nothing to reign in lending abuses that frequently turn manageable debt into unmanageable crises. Even in failure, ordinary Americans do not get a level playing field. Credit card companies have been feverishly lobbying for this legislation for nearly a decade--and it looks like the $34 million the finance and credit industries have contributed to political campaigns since 1996 is finally about to pay off. On Tuesday, the cloture vote on the bill was 69 to 31. The House passed similar legislation last year and GOP leaders are hoping to bypass the conference committee deadlocks that have derailed similar measures in the past and have the bill on President Bush's desk in short order. The president, ***well aware that credit card giant MBNA is one of the Republican Party's largest donors***, has promised to sign the bill as soon as someone hands him a pen.
From: Make the rich pay! | Registered: Dec 2004
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Boom Boom
rabble-rouser
Babbler # 7791
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posted 25 March 2005 10:14 AM
Further in the Arianna article: "Worst of all, the bill does absolutely nothing to protect consumers from the aggressive tactics credit-card companies have devised in recent years--tactics that have proven hugely profitable. Along with sending out over 5 billion solicitations a year, they are constantly developing new ways to stick it to the people they've already lured into the tent. For instance, companies now routinely jack up a cardholder's interest rate when their payment is late--and, presto, a "fixed" 7 percent APR is suddenly transformed into a cash-gobbling 30 percent loan. There has also been an explosion in the fees that credit card companies charge: late fees, balance transfer fees, cash-advance fees, over-the-limit fees. Such fees bring in billions and are partly responsible for the fact that, even as personal bankruptcies in America have steadily increased, so have the profits of credit card companies--which reached a whopping $30 billion last year.
From: Make the rich pay! | Registered: Dec 2004
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Ginger
rabble-rouser
Babbler # 8443
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posted 25 March 2005 04:13 PM
Ah the Good Old Boys are at it again, another example of how the system is working. Your descriptions of the greed and curruption above can be used as fact in a great big flow chart, mapping out the trail from generation to generation...My post from "Food Banks" I think we need to also look at the fact that the food bank itself is the little guy at the bottom of the heap trying to hold it all together for the big ones at the top. Our Governments, large companies, the guys in suits...they live up there in another world, occasionally looking downward. The food banks are run by people who have hearts, they do all they can to make life bearable for so many people. I defend their actions because they are taking action! The big old boys and ladies from the other world tisk tisk the unlucky folk who ended up 'like that'. I am 36 - who are these GOB's? (Good Old Boys as we call them) they are my parent and grandparent types in my society. They have worked very hard to get where they are, and I do admire that and thank them for it! They need to understand that we (the middle child in my society family) have grown up in a different world, based on economics, education, technology - this needs to be one of those things we all agree on, or at the very least agree to disagree on, so we can continue to communicate and not get stuck shouting like spoiled little brats about this stuff (C-SPAN comes to mind). So - all you GOB's are living now in your later years, our Hippies turned Yuppies, now the Baby Boomers, then our aged, so many titles. You know who you are. I am the generation X - huh - no identity? Seems fitting for a group of people who have very strong and still working parents and grandparents competing with them in the same world. We also have the younger siblings (Our now generation), the ones 25 and under, this includes our own children. We are stuck in the middle... it is not an excuse to sit around on our asses and whine! That is my biggest annoyance, people who yack and yack - go in circles, but never actually do a damn thing about it! These people know the difference but can get away with it! Imagine it is now OK to live in quiet desperation because so many other lost souls out there live the same way, The Working Poor? Are we proud of that? It seems to be more of a catch phrase than a task on a list to be investigated fully. I have a sister who is 22; she is in her 3rd year at UWO - smart kid! Like so many in her generation.... we should be very proud of our new adults, they have a lot to offer. Back to the food bank. It is like a dirty little secret in my parents/grandparents closets, the 'things' we don't talk about in families.... shhh … If we were to ask questions and open doors our parents and Grandparents may be required to tell some truths, to begin to teach and hand to the younger generations the knowledge and power to succeed. The GOB’s will then gain back strength by sharing the truth. Ahhh Utopia….. I believe!! The food bank is a symptom of bigger issues, and if we really fix what is wrong (the hierarchy system) the need for a foodbank would disappear all on it's own.
From: London Ontario | Registered: Mar 2005
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Hailey
rabble-rouser
Babbler # 6438
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posted 25 March 2005 08:35 PM
First of all I apologize that the message was curt and directive. Wasn't intended to be that way.I am only speaking from my experience. Although my husband and I both had an existing relationship with the credit union at the time of needed to purchase our home and set up some investments. Prior to marriage I didn't have banking needs other than having an account that would allow for withdrawals and deposits and to just experience adequate customer service. It was our experience that they were less willing to negotiate on interest rates than any of the main branches. We ended up getting a better deal with both our house and with both investments and loans at a bank that had never previously seen our faces before. That was disappointing. I was left with the impression from our credit union that it was the norm for negotiation to be more rigid. If my information is flawed then I apologize. Certainly if other people have had successful experiences that is wonderful.
From: candyland | Registered: Jul 2004
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pogge
rabble-rouser
Babbler # 2440
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posted 26 March 2005 06:08 PM
Complaints prompt BMO to question link with anti-abortion group quote: Bank of Montreal has asked an anti-abortion group to remove a link on the group's website asking members to sign up for a fundraising MasterCard after receiving angry complaints from the pro-choice movement.Carroll Rees, executive director of Life Canada-Vie Canada, said the bank contacted it on Thursday after e-mails of outrage started arriving. E-mails were circulating across the country, calling on pro-choice supporters to cut up their MasterCards and boycott the bank. And Life Canada-Vie Canada received at least one nasty phone call from Selkirk College in British Columbia. Ms. Rees said the group complied with the bank's request, but she said she was puzzled about the timing of the complaints, since the Ottawa organization has used the credit card as part of its fundraising for more than 10 years. The link on the website has existed for about a year.
From: Why is this a required field? | Registered: Mar 2002
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Hailey
rabble-rouser
Babbler # 6438
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posted 05 April 2005 05:18 AM
quote: I agree that the BMO probably has no political agenda (re: abortion, anyways) - but I'm thinking about dropping my account with them anyhow - and letting them know why. If enough people pressure them, they may consider cutting their ties with LifeCanada. It seems like such a small, insignificant, action to take; but I'm sure that if the BMO had an affinity card for Morgentaler's clinics, the pro-life groups would protest in scores...and that the BMO would stop carrying such a card.
BMO has no political agenda. Any group that applies can get one as long as they meet a certain criteria. Other babblers here have indicated that NDP has a creditcard - is it a BMO one? I don't know. I am certain that left wing organizations with prochoice views have an affinity card but were more discreet about advertising it. And, yes, you are right if the prolife movement knew they might consider a boycott. Not sure, but they might. The prolife movement has proven itself to be effective at boycotting. They even have a whole website set up re: planned parenthood but due to misuse you now have to pay for the list. They've had dozens and dozens of businesses change their mind about donations. quote: I do not even have a BMO account, Coast Capital all the way for me, and I e-mailed them with complaints when I read this earlier today.
I wrote them and got a reply. Did anyone else?
From: candyland | Registered: Jul 2004
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arborman
rabble-rouser
Babbler # 4372
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posted 05 April 2005 09:21 PM
My credit union is fantastic - I have an 'Enviro' card that sends cash to enviro orgs whenver I use it. That means they get about 3 pennies a year from me. I wouldn't go back to one of the big banks for any reason, aside from necessity (i.e. when I lived in a small town and the only bank was CIBC). Being open on Saturday is a bonus, and actually having branches in my neighbourhood helps - most of the big banks closed half their branches. My credit union actually gave us the best mortgage rate we could find as well, with the most favourable terms. My parents have been at their credit union for decades - after 25 years they no longer have to pay any service fees. I *heart* credit unions.
From: I'm a solipsist - isn't everyone? | Registered: Aug 2003
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presca
recent-rabble-rouser
Babbler # 6450
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posted 06 April 2005 02:28 PM
quote: And, yes, you are right if the prolife movement knew they might consider a boycott. Not sure, but they might. The prolife movement has proven itself to be effective at boycotting. They even have a whole website set up re: planned parenthood but due to misuse you now have to pay for the list. They've had dozens and dozens of businesses change their mind about donations.
Well, here's an article calling on pro-lifers to boycott BMO for "[excluding] LifeCanada because of poor-choice pressure tactics". I guess that answers the question about whether or not the pro-life movement would consider a boycott. http://conservativelife.com/blog/index.php/General/2005/03/26/bmo-mastercard-and-lifecanada.html
From: mtl | Registered: Jul 2004
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