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Debtor's Revolt: - One woman and Internet rattles a big bank

GoFlyKiteNow

Alfrescian
Loyal
http://www.youtube.com/watch?v=jGC1mCS4OVo

http://www.youtube.com/watch?v=cNHd-GBZGQo

Personal finance guru Suze Orman gave top billing to the fledgling "debtors' revolt" movement on her eponymous CNBC show Saturday.

"There is a phenomenon happening in the United States of America," said Orman. "It's where people are getting seriously angry, so angry at their banks, their credit card companies. They feel like they are not being treated fairly when it comes to the interest rates they are paying. Guess what they're doing: They are staging a debtors' revolt. Oh yes, a debtors' revolt."

The debtors' revolt started with Ann Minch, a 46-year-old woman in Red Bluff, Calif., who declared via YouTube that she would not pay off her credit card debt after Bank of America hiked her interest rate.

"You are evil, thieving bastards," she said. "Stick that in your bailout pipe and smoke it."

Suze Orman gave top billing
http://www.huffingtonpost.com/2009/10/19/suze-orman-hails-the-debt_n_325535.html
 
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