Tuesday, January 27, 2009

Dear Bank of America

Dear Bank of America,

I am a customer. That's right. I have a couple of Bank of America credit cards. My wife and I are also looking for a bank for some accounts. But you know, your ingratitude leads me to refuse to bank with you and to consider cutting up those credit cards.

First off, you never thanked us for that bail out. Yeah. WE bailed you out. That was OUR money that you so eagerly grabbed from the government.

Okay, so I was willing to overlook that little act of ingratitude on your part. But now I find out that your ingratitude goes even further. You see, after eagerly grabbing a government hand out (paid for by us taxpayers!) you then turned around and stabbed us in the back. You took the money and used part of it to lobby against the Employee Free Choice Act, a labor bill that is supported by a large majority of Americans.

From the Huffington Post:

Three days after receiving $25 billion in federal bailout funds, Bank of America Corp. hosted a conference call with conservative activists and business officials to organize opposition to the U.S. labor community's top legislative priority.

Participants on the October 17 call -- including at least one representative from another bailout recipient, AIG -- were urged to persuade their clients to send "large contributions" to groups working against the Employee Free Choice Act (EFCA), as well as to vulnerable Senate Republicans, who could help block passage of the bill...

Donations of hundreds of thousands, if not millions, of dollars to Republican senatorial campaigns were needed, they argued, to prevent America from turning "into France."

Boy, you guys were eager as hell to grab taxpayer money from the government, but as soon as there is a fair labor bill coming up, suddenly it is the fucking end of civilization? And in the midst of huge popular support for Obama and the Democrats, many of whom supported your bail out, you decide now is the time to support the party that just ruined our economy over the last 8 years. This really is pretty disgusting on your part. I agree with the observations made on Daily Kos regarding your igratitude:

So Bank of America, fresh with taxpayer bailout boodle courtesy of American workers, is spending its time and money trying to screw those same American workers...

It's little wonder that the SEIU has called on BofA to fire CEO Ken Lewis. It's unconscionable for the receipients of government handouts to spend their time and money to try and defeat the Employee Free Choice Act -- the cornerstone of long-term economic revitalization. It's time for change in the boardrooms.

Bank of America: your actions have consequences. Next time you come for a government handout, I will lobby my Congressional Rep and Senators (all Democrats, I will add) that I oppose bailing out any banks because you use OUR money to lobby AGAINST us.

Furthermore, any Bank of America credit cards I now have will be shoved aside. I won't use them anymore. I don't want to patronize an ungrateful company that will turn against me right after I helped bail them out.

Of course should you decide that CEO Ken Lewis has overstepped the bounds of decency and fire the bastard, I will consider patronizing your company once again.


A Customer