Tuesday, March 07, 2006

MBNA credit card bank has been bought by BofA,,,BEWARE !!!

MBNA was,past tense ,highly rated by the Wall Street Journal, and i was a very satisfied Master Card customer. But now bad reputation BANK OF AMERICA has bought MBNA !! You should get out , QUICK , like i did, before all the accounting funny business BofA is infamous for eats your savings alive,,,with 2 statements/bills a month instead of one with the old reliable and reasonable MBNA, and continuing revolving LATE FEES because the mail takes a few days and you are charged again and again and again on the same balance even tho you pay it off IN FULL, and FINANCE CHARGES that the old reasonable MBNA would take off your account if you asked, but the new greedy-to-the-max BofA probably will not.
Here is just one of probably many examples of how ruthless BANK OF AMERICA has been in the recent past. A couple years ago ,before they sold out of their main San Francisco high rise office, i drove their BofA Loan Office Awards Dinner bus in S.F. I was shocked to hear loan officers just behind my seat BOASTING and BRAGGING about how they had driven this family into auto REPOSSESSION, and this couple into HOME FORECLOSURE on their house with multiple loans the family practically and theoretically could never afford, and this family into BANKRUPTCY, and on and on,,,!!! And BofA was giving them AWARDS for this plus the trip junket ?!! Isn't there laws against predatory lending,,,obviously BofA does not feel it is American or has to obey our nation's laws. BEWARE, BEWARE, BEWARE !!!

American businesses are dumping their Pension responsibilities ,,,on US, THE U.S. GOVT !!,,,AND THIS IS O.K. !!??????

Why are we allowing American corporations to ignore their promises and responsiblities to their employees by dumping their pensions on a willing Republican-controlled White House and Congress that seem to feel that working poor but not the current rich can pay for it in the future ?
Where is all the social commentary about how destructive this will be to the American middle cash/class ? Do we always have to drop our standards to the lowest possible level of our trading partners, like Mexico-corrupt and not getting any better with NAFTA and WTO-or China-still Communist and do any of you remember the VietNam anti-communist draft that ruined millions of lives ?? President Bush ,like his dad and "Ray-gun", are spending us into the national and international POOR HOUSE,,, and no one seems to give a damn. Most Republicans just want that short -term short -sighted my less-tax personal profit boost at the nation's expense. And that is OK with the USA ?

new model German Setra motor coach/bus, S 417, is JUNK !!

My boss bought/leased several S417 new German buses, Setra 56 passenger, $400,000 buses. They are new models and have been falling apart every day and every week for a year !! These are new buses, 2005's , by boat from Germany to North Carolina, and then by train / your driver.
Last week the roof above the driver's seat began leaking in a rainstorm. Axles have gone out. Headlight lens covers have cracked and big windshields have easily rock chipped and cracked in normal city/highway paved road traffic. It takes at least a minute for the bus computer to check systems and let you restart the bus. The Blaupunkt cd radio and dvd player are already malfunctioning: the PA system and radio/dvd system have such different volume thresholds that when you switch from one to the other you accidentally blow your passengers ears out !!
So if you are dumb enough to buy/lease a bus of poor/new model questionable quality such as the Setra, even tho Mercedes Benz just bought it, because of favorable lease rates, expect said Setra bus to be constantly broken and constantly in the shop. The bus is gutless, it can not even keep 65 or 55 on the small hills of hwy 101. The cable-link snow chains take longer to put on and don't clear the wheel wells without damaging the lower cowling attachment. The a/c and heater are sooo weak compare to the old model. It can not even make enough air for the door and kneeling, let alone the brakes and the next morning push button door opening. And do not expect good-excellent service on parts availability and service from Setra, a German company. I recommend you stay with Canadian bus co. ,Prevost.