Howard's Views

IT MAY BE ILLEGAL TO PRAY IN PUBLIC, BUT IT IS NOT ILLEGAL TO PREY UPON THE PUBLIC.

BANKERS ALLIANCE

Today’s bankers are often insidious,

With fees and charges that’re invidious

Some bearing the name of a bank,

Rated most highly in rank,

With Officers who act quite perfidious.

Howard E. Morseburg c. 4/17/2007

With fees and charges that are invidious,

Today's bankers seem just so insidious;

Like the Wells Fargo bank,

Rated so highly in rank,

Yet its actions are arguably perfidious.

HOW CHARGE CARDS AND CREDIT CARDS, IN SOME CASES, STEAL MOST OF YOUR PROFITS.

The Credit Card industry, today, is the businessman's worst enemy, a terrible on-going nightmare that never ceases. They're siphoning off profits from businesses, and in some cases virtually wiping them out, while blatantly lying to the public about plastic card benefits .

They're the professional pick-pockets of the business world, stealithly tapping the profits on every sale, stealing off with a seemingly small part of them, but at times with a great deal more, increasing the costs for all buyers of almost all goods at the same time.

They're double dipping, like real estate agents who represent both the buyer and the seller; they take money from both parties in the transaction, in many cases what amounts to obscene percentages and charges. It may be legal, but the intent is criminal in nature.

GOOD-FELLA?

There once was a guy named Pascarella,

Who seemingly was quite a good-fella,

He was always quite spastic,

About a small card made of plastic,

Was Pascarella, the ultimate good-fella!

Howard E. Morseburg c. 4/17/2007

Pascarella vowed to "make cash money and checks obselete" -- but on whose terms, I might ask? Whose?

Carl Pascarella -CEO

Visa International

VISA-VIS

I received a small card from Visa,

Which allowed me to spend with such ease-a,

Now they won’t let me forget,

That I’m most deeply in debt;

Why, I can't even afford to eat Pizza!

Howard E. Morseburg c. 4/17/2007

THE GREAT CREDIT CARD CONSPIRACY" - $19.50
Order and Read "The Great Credit Card Conspiracy"if you wish to understand what is going on in the credit card industry. Author: Howard E. Morseburg. Learn why you should and how to refuse to accept credit cards on sale items, or to add a percentage to the sale equal to your credit card costs. The price is: $19.50 + $4.50 S/H. Add 8% Sales tax for California delivery. Send check or money order to: Solvang Publishing, P.O. Box 320, Solvang, CA 93464. 6 to 8 week delivery.

BUSINESS OWNERS = ECONOMIC SHARECROPPERS

There was a time when business was done without credit cards, when buyers paid with cash or wrote checks, thus the retailers received full price for their merchandise..

There was a time when most ordinary people lived without overwhelming debt.

There was a time when business owners had control over their own businesses, not the Credit Card banks.

There was a time when ordinary people had control over their own finances, not Visa and the Credit Card Cartel.

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Believe it or not, in those days (pre-credit cards)bankers were often trusted friends and business advisors. They advised you in all types of financial matters...honestly, and cautioned you about spending recklessly, while helping you to save money. In fact, honesty and integrity were valued assets both in one's personal life and in the business world, then.

Essentially, everyone did business with cash and checks, and those who had credit usually had it directly from the stores or businesses where they made their purchases.

The average working man, however, knew little about credit. But, he did have a weekly budget, and people lived within their means. The weekly budget was simple...the amount of their weekly paycheck. There was that much to spend and no more. In fact, most people even saved a percentage of their earnings as well. Thrift was the keyword to life before the advent of credit cards.(Certainly farmers, ranchers, and others dependent upon seasonal crops or animals worked on credit, but it was quite simple and direct in nature.)

That all changed however, with the introduction of a Charge Card in 1950, Diners Club. American Express cards shortly followed. But then came the beginning of an unfortunate trend with the introduction of Visa and MasterCard, which differed from charge cards in-as-much as they were credit cards.

The original idea wasn't bad, as they were a definite aid to business. But all good ideas can easily become subverted when the suede-shoe boys move in, and that is what quickly happened with Visa and MasterCard. Some men think like Mafioso, but they cloak their ideas and evil intent under a mantle of respectability. There are more than a few of them operating banks, and they want a slice of every business deal possible. The introduction of Air Miles was tailor-made for them, and it was a full-blown form of bribery through Visa and MasterCard.

As a result, some businesses found their monthly bank charges for credit card costs rapidly rising by as much as three to six times over the past fifteen years, compared to what they were in 1992!

The result: Small Business Owners Have Become Economic Sharecroppers.
Yes, the small business owners became Economic Sharecroppers in the 1990's and now, on into the 2000's. The oppressive landlords who control our businesses are the best known names in the business world today: Visa, Mastercard, Discover Card, Carte Blanche, American Express, Diner's Club, etc.

Next: "How the Credit Card industry has lied, cheated and deceived both the merchants and the card-holders." This page will change every few days!
Keep reading the facts; get to know the industry. You can be cheated for so much more, so often, than you ever could with checks and cash. The industry is almost incapable of resolving simple problems for people quickly, if at all. With phone- trees insulating them from most personal contact, it becomes more remote, more insidious, and more rapacious.
The poor get screwed the most by predatory banks, and these banks use Visa and Mastercard to do it.

The immigrants working at minimum wages are often penalized the heaviest, literally days and days of their hard-erned wages, money that they can ill afford to lose, but the heartless suede-shoe boys keep after them relentlessly.

GMC ALSO JOINED ALI BABA & THE FORTY THIEVES

Below is another sign I placed in my window about ten years ago when GMC began issuing their own credit cards through the same Visa/MasterCard arrangement. The deal they offered : use a GMC credit card to make all your purchases and then GMC would issue cardholders credits towards the purchase of a new model GMC car. The users could accumulate up to $1,000 in credits, all at the expense of the merchants, who had agreed accepting

The intent, of course, was to get people to use their GMC credit cards more and accumulate what amounted to a discount on a GMC car. To my way of thinking, it was just another "inducement" or a small "bribe" and any business honoring that card was, I repeat, paying for all of that discount.

If a customer paid by cash or check, it didn't cost the merchant a dime to deposit that money in the bank. If the customer, in order to gain credits towards a new car, used their GMC card, approximately 2% of the amount of the sale came out of the merchants' pockets. In most cases that amounted to 4% or more of the gross profits. At times, with smaller profit margins on lower profit items, it was much greater.

Why, I thought, should I help pay for someone else's car, and enrich a billion dollar corporation such as GMC, so I put this sign in my window. These shenanigans by major credit card issuers constantly depleted the profits of multitudes of businesses across the land. How could these problems be corrected? Below is an answer.`

Class-action suits are necessary to expose the suspected crooks in the Visa/MasterCard corral. We can't shoot 'em today, so we have to sue 'em.

In the future, when you hear the term air-mileage, just think bribe. Instead of rewards, think bribes. Instead of discounts, think bribes. Substitute the word over and over again in your mind until you understand the concept. If the credit card companies do not stamp them out, then the business owners have to take a stand and regain some of those lost dollars.

like Mom and Pop stores. It is national and international iClick here to send this web site to a friend.
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Within a couple of days I'll probably be knee deep in lawyer's letters, just as I was knee deep in Vice Presidents of Visa, MasterCard and Citibank, back in 1991, when I took a strong position against Citibank and the Credit Card industry. At that time I put a sign in my Gallery window (see above): Citibank Cards Not Welcome Here. I first had calls from four Vice Presidents, of Visa, MasterCard, Citibank, and my own bank, and then received a threatening letter from their attorneys, advising me how they'd casually ruin my business if I did not cease and desist. Seems that they hate anyone who fights back.
When a company issues their own credit card in order to take advantage of the "air mileage" craze (as GMC did back in the mid-nineties), another so-called benefit , then I see it as a very subtle form of bribery, and these inducements can cost my business a tremendous amount of money. Instead of pussy-footing around, one must show some backbone and fight back as strongly as possible. It's scandalous when the Credit Card Cartel keeps stripping the little guys, the people who earn lower wages, of millions through obscenely high interest rates and ridiculously huge penalties*, the business owners of millions by encourging people to recklessly and needlessly run up credit card debt, all because of a seemingly innocent gift (paid for with our money) of air mileage. Bull! To me it has a strange ring to it, and seems little different than the old Mafioso protection rackets that flourished in New York in the 30's, when I was growing up in nearby New Jersey. By assessing each merchant in the district a small amount of money each week, and collecting through threat and intimidation, they reaped millions during the Depression years. Well, by keeping the merchants of America under duress with phony contracts and threats to de-stablizie their businesses if they refuse to accept a credit card for even a twenty cent purchase, they're using similar tactics.

They (Visa, MasterCard, etc.) never consulted their partners in the credit card industry (the business owners) when they came up with that new scheme around 1994. It was forced on all of us, the all powerful Mafioso (excuse me, Credit Card Cartel) began picking my pockets in order to run up their profits to new highs. They are taking an unfair advantage of the business owners by enticing people with credit cards to use them on every purchase, and each time they did, they gained a percentage of the purchase price from the merchants. The percentage of credit card sales for some business owners quickly advanced from ten to fifteen percent to as high as eighty-five to ninety percent! It was a complete betrayal of the merchants who accepted credit cards.

As more card holders used them for every-day purchases, such as food items, the Credit Card Cartel reaped huge dividends. Delayed payments meant more interest charges, and late payments meant sticking cardholders with a $25.00 to $35.00 late fee. Bankers, up until the last couple of decades, used to be cautious in their lending policies and, as a result, discouraged people from getting too deep in debt. Today, these huge international banks backing credit cards urge people to get into debt; after all, those interest rates, from around sixteen percent to an obscenely high thirty-four percent swells their coffers.
Everyone knows that's bad for the card holder, but few give a thought to the fact that it is also bad for the merchants, and hurtful for the nation as a whole to have so many of its citizens in perpetual bondage to the banking system of America. It is a shockingly stupid way of doing business, but the greed of most credit card issuers today knows no bounds. They show no mercy to the indentured and they mulct them for every undeserved dollar they can get.

In a slow economy, this can prove devastating for all concerned. When people reach the point of indebtedness where they no longer have the capacity to buy, everyone suffers. Millions are at that point today, and if this "molasses" economy continues for a while longer, millions more will reach that point.

ORDER YOUR BOOK NOW. FIGHT TO LOWER YOUR CREDIT CARD COSTS

The only solution: Class-action Suits to break this strangle-hold they have on both the America's businesses and America's consumers before it is too late!

*One person or entity (the banks) OFFER another person (plastic cardholder)a bribe (reward) to change a decision or encourage an action which deprives a third party of their property (money lost through the MDR).(br>I am sure that their highly paid attorneys have all reviewed this and passed it, that it went through a lot of discussion, but when two high-priced attorneys meet in mortal combat in a judicial setting, only one of them comes out a victor! My position will prove victorious and Visa, MasterCard and the rest of their ilk will disgorge billions in repayments, penalties, attorneys fees, and damages.
Once I had the pleasure of watching a new young attorney, in his first court trial, take on...a win a case against a highly skilled, experienced, extremely well-paid attorney, and win. It can be done; it will be done.

Today, these jokers at the top of major corporations have cut off all wordly contact with the public.
If you can get through to a live operator, a junior manager, a supervisor, within half an hour of determined work, you're lucky.
They've insulated themselves, denied the public accessibility to the inner sanctums, to anyone with brains (giving them credit for having some themselves, which really is dubious when you see how so many of these corporations so suddenlycollapsed).
They don't want "input" because they know it all. They're not interested in your opinions by voice. So, you MUST write. Even then, they don't give you the courtesy of an answer today.

Write to:
Robert W. Selander, CEO, Visa USA, 900 Metro Center Blvd., Foster City, CA 94404.
Carl Pascarella, CEO, MasterCard International. 2000 Purchase St., Purchase, NY 10577.

Think fraud against their cooperative merchants (YOU) when you write.

Think of the thousands you've lost to this scam.

Think of the double-cross they've pulled on you.

Think of them in terms of piracy.

Think of them as pick-pockets.

Think of stolen profits from your kid's education funds.

Express yourself in strong terms, but not foul or vicious or threatning language. But, write! Write.

Click here to send this web site to a friend.

When you write, aim for top. You cannot call; they insulate themselves from the publom the stockholders, and life in a world of luxury and ease. ROBERT W. SELANDER, VISA USA, MASTERCARD INTERNATIONAL PURCHASE N.Y., CREDIT CARD FRAUD, VISA GOLD CARD, VISA SILVER CARD, VISA PLATINUM CARD, AIR MILEAGE, AIR MILES, CEO VISA, RICHARD M. KOVACEVICH, WELLS FARGO BANK, DICK KOVACEVICH, CEO WELLS FARGO BANK.
Remember, this is a fraud against all business owners, laones like K-Mart, small onesWOULD YOU LIKE TO RECOVER THE THOUSANDS OF DOLLARS STOLEN FROM YOU THROUGH THE USE OF A BRIBE: AIR MILES? YOU CAN! For the poem:

[see Page Four]

VISA USA, MASTERCARD INTERNATIONAL, ROBERT W. SELANDER, CEO MASTERCARD, CREDIT CARD FRAUD, COLLUSION, STEALING PROFITS, AMERICAN EXPRESS, HOWARD'S VIEWS, HOWARDS VIEWS,HOWARDS VIEW Dec. 16, 2002: I've done 20 half-hour TV shows now, mostly dealing with the great double-cross of America's Retailers by the Charge/Credit Card Cartel, so tonight I've been reviewing my tapes.
Don't you wonder about that Sanford Weill (Citigroup CEO) and Grubman (Saloman Bros. analyst) story which one is tellin' the truth, and which one is alyin'? Who do you think is, the millionaire or the billionaire? [Insert text or image here]

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VISA-VIS

I received a small card from Visa,

Which allowed me to spend with such ease-a,

Now they won’t let me forget,

That I’m most deeply in debt;

Why, I can't even afford to eat Pizza!

Howard E. Morseburg c. 4/17/2007

Howard's Views
1618 Copenhagen Drive
P.O. Box 320
Solvang, California 93464
United States