this post was submitted on 29 Jun 2024
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So across all consumers and small businesses, Chase has 86 million customers. If the CEO distributed all his pay, everyone gets $0.14. That's not going to solve anyone being poor, and not going to help you if you have shitty spending habits.
For all the shitty things banks do, knocking them for actually advocating someone good for once seems counter-productive.
It’s not about giving away money. It’s about an entity that grossly mishandled money on a large scale having the audacity to give advice to others on handling money.
Worse, they’re giving micromanagement level advice regarding the money involved with a cup of coffee.
I assume you read about 15% of the response before deciding to push your glasses up on your nose and "Um, akshually".
It was about more than just CEO pay.
Add in the $12 billion, and everyone now gets $140. Still not going to help them.
Go after the banks for some actual shitty things they do. A money lender telling people to spend responsibly is the opposite of the things we should be going after them for.
You know what we can do for 12 billions? A lot of useful things instead of bailing mega-rich banks that gamble money because they know they'll get a bailout anyway.
Congrats, you got 30% more this time! Go a little further now.
You seem to be responding to the wrong person. Either that or you're just very very confused. I'm just saying the person I'm responding to is only reading part of the statement in question before having their knee-jerk reaction.
You are correct. I moved the comment.
I can't speak for anyone else here, but I wouldn't say no to $140 from Chase if they were my bank. That's grocery money.
Bank error in your favor
Hey dipshit, it’s called taxes and public services. That money can go into paying for free healthcare and education, the IRS to make sure all the other parasites pay their due(every dollar put into that organization leads to a positive return), and a host of other things that end up providing a huge gain for people. None of that is to mention that of the 86mil customers there are many who don’t need the extra money so we can push more down to the poorer of the bunch.
You’re very confident for someone who’s thought about this so little and has no real idea how any of it works. Your own math fails miserably when you acknowledge that that CEO is not the only rich person and a proper redistribution of wealth even in the way you mentioned would mean thousands of dollars a month for everyone.
Give that man $31 million dollars, he's doling out free life pro tips with his global economy crashes.
It should be equitably, not evenly
I just looked it up because they make all of these things public as they should. The CEO of my credit union gets $688,676 a year and the credit union treats me a whole hell of a lot better than what I hear from Chase customers. You know what my overdraft protection costs? Nothing, because they just had me keep a small amount of money in my savings account to cover it.