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You're browsing: Archived News » 05 All Articles, 05 Insider, 05 Who's Who » Article Title: Bush Buddies at HSBC

Who are the Bush Buddies at HSBC and Household International? Like FEMA’s director Michael Brown HSBC’s predatory lending subsidiary – the old Household International is now called HSBC Finance Corporation – key people steered George Bush to the facts they wanted him to see. George responded. He signed the bankruptcy bill, hurting the average American. He signed class action legislation, hurting the average American. He signed postal service reform, hurting the average American while helping predatory lenders. He did nothing to control fuel costs, even though examples were set by Nixon, Clinton, and Bush Senior.

Anything Household International wanted was approved and signed into law by George W. Bush. “Brownie, you’ve done a remarkable job” he said after hurricane Katrina. While companies, banks, and finance companies can now pat Bush on the back and say “George, you’ve done a remarkable job” it is the unfortunate unsuspecting average citizen in America that now has a black eye, no viable options when one considers binding arbitration, and no relief from high gasoline prices. If home heating costs and gasoline costs push the average wage earner over the budget limit they will discover how George Bush did a remarkable job of closing the door in their face. When one considers comments about Bush after hurricane Katrina it is clear. When speculating if Bush does not like black people, it is clear that Bush simply does not like poor people and middle class people of all colors.

Just as he was out of touch with the capabilites and qualifications of Michael Brown, George Bush is out of touch on postal service reform, bankruptcy reform, class action reform, medicare prescription reform and so many other issues. Who is Bush listening to? And who are the Bush Buddies at HSBC and Household International? Customers have a right to know.

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One Response
  1. j a smith says:

    Hi folks, I really enjoy your web site. I too was victimized with a predatory account with HFC, now HSBC. HFC on two occasions sent me credit cards, which I sent back, then charged bogus late charges and interest to my account. I got mad and paid of my account in full, then they sent me a bill for another $99 which I refused to pay. Needless to say they gave me bad credit report with Equifax and TransUnion. I sent my info to Equifax but they said it had to be in 5 lines or less which I did. Then they said it had to be in 2 lines or less. You get the picture. I have an A1 credit rating except for HSBC. The question I have is who really is HSBC? On some web pages they are described as American or British but one of the web pages for HSBC says they are the Hong Kong and Shanghai Bank of China. I think that tells it all if they are. regards

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