After making massive internet headlines and garnering the outrage of millions, Citibank is in some serious trouble for arresting 24 customers who attempted to close their accounts, detaining them in the bank and not allowing them to leave until police officers showed up to arrest them. The customers claim the “disruptive” individual was in fact an undercover police officer, and the whole operation was a setup.
And Citibank isn™t the only one. A Bank of America in Santa Cruz called the police on two customers who came into the branch to close their accounts, barely allowing a few sentences from the two quiet, peaceful, seated individuals before threatening, and carrying out the threat, of requesting a police presence.
The reasoning, according to the video footage recorded of the manager, was that one cannot be a customer and a protester at the same time, a simple illogical bit of nonsense that doesn™t matter anyway.
The two were not actually arrested, but police were called, simply due to the fact that the individuals were carrying signs (legal) and engaging in political expression (legal) and wanting to close their accounts (still legal). The lengths to which the banks have resorted to suppress dissent and prevent customers from doing displeasing things has officially reached the level of police-state tyranny, something to be seen only in third-world dictatorships or the few remaining fascist states residing in obscure corners around the world.
If there had ever been any doubt as to whether the financial industry is seeking to control and exploit the vast majority of the rest of the country, this is beyond reproach. Banks have threatened, and carried out the threat, of detainment and arrest for something so simple as individuals participating in free market decision-making. The banks are desperate, because they know they are in the middle of a major period of upheaval, perhaps a revolution, and their time in the sun is potentially coming to a close. They™ve shown they will go down swinging.
The upcoming Bank Transfer Day, set for November 5th, is probably going to make some big waves. Recent surveys showed that up to a third of bank customers are considering switching banks due to the recent debit card fees imposed by Bank of America, Wells Fargo, Citibank, Chase and others, and if past incidents are any indication of potential difficulty, the date set is likely going to lead to hundreds of arrested customers who want to take their business elsewhere. If that happens, there will likely be a major calamity not seen since the Great Depression; perhaps a repeat of Kent State and the Bonus Army incident...though hopefully not.
In the meantime, it is probably advisable for customers to make the switch as quietly as possible, if they wish to do so without difficulty. There are likely to be problems with this as well, as banks will likely charge fees for customers attempting to switch (minimum balance requirements applied at the moment of a zero balance, for example), but if they want to do it without getting arrested, due it quietly. But, if you want to make some headlines, bring a video camera. Just expect to end up in jail for a night. But don™t worry. The entire world will be behind you every step of the way.