A little more about the “activist” trap I touched on recently:
In October 2011, Occupy Wall Street (OWS) encouraged everyone to pull their money from the big banks. You know, to “smash capitalism” and all that.
I already had an account with a small local bank… so that part was covered, so to speak. But I also had a [trigger alert] Chase credit card.
Here’s some of what I wrote at the time about this scenario:
When I went to my local bank to inquire about getting a credit card from them instead, I was informed that if I signed up that particular day, I'd get a free gift.
"What might this gift be?" I asked.
"A blanket," came the reply.
"I'll be back in an hour," I promised — barely able to contain my joy.
I went home, took care of a few things, and prepared for what had become my almost-daily visits to Zuccotti Park during the initial encampment. This time, however, I stopped at my bank, filled out the forms, and was handed a brand-new blanket.
Smiling all the way from Astoria to Wall Street, I carried my gift directly down to the OWS Comfort Station and donated it to be used by those sleeping in the park.
Where do I begin?
Let’s be clear: Switching credit cards did absolutely nothing to challenge capitalism in general or the big banks in particular.
But then again, neither did OWS.
So there’s that.
But here’s a question I never hear asked: How do such meaningless acts add up to impact “activists” on a personal level? Perhaps my own story will shine some light on such self-sabotage.
That Chase credit card I so willingly discarded had a much lower interest rate than the “small bank” card I ended up with. It also gave rewards points which translated directly into cash. When my finances took a hit a few years later, I had to use my credit card far more often than I wanted.
Result: Way more finance charges, no reward cash, and increased debt. I’m not blaming all this on an OWS stunt but my empty gesture sure helped make things much worse.
The Powers-That-Shouldn’t-Be — in conjunction with woke guilt-tripping — lead to good-hearted people making moves that are self-sabotaging.
Wanna-be “activists” are rendered powerless despite their often sincere desire to help.
Some call it coincidence…
No matter where you find yourself on the ideological spectrum, it’s time to reclaim the subversive pleasure of thinking for yourself.
I ended my 35-year relationship with American Express last week and signed up for the Coign credit card for conservatives. It is not perfect but it may be a start. I pay the balance in full every month. Should I use cash more often? Probably but I like the convenience of online transactions.
Mickey Z., I am not quite sure about the point that you are trying to make here. You realized a loss by your maneuver. Are you sure that collectively, you did not have an effect --- albeit unseen? There is the point of making changes because of a moral choice of the better (not perfect) moral imperative, however lacking in "perfect information" that that may be. Yes, the Big Boys offer better features and savings, but those small advantages are passed on to you because of advantages achieved by means that are possibly/likely objectionable to moral law or, at the least, your principles. If these sacrifices on your part do not work, then why do they work (or perhaps they do not) for your opponents? If they are only made to appear that they work for your opponents, then you must reassess and perhaps an even deeper level of rigging that you had previously. Are you suggesting the admission of inevitable defeat and simply taking the balck pill and "going gently into the night?"