Another Reason Democrats Keep Losing

 

This is why I think democrats are missing the mark. 

They claim to be for the people, but let's use my recent example of interaction with the government for the people. 

I opened an account with an online bank almost 5 years ago.  They were FDIC insured so I thought I would be ok. 

About 6 months ago they went bankrupt. I was one day late in transferring my money out, damn. 

After almost 6 months of little or no useful information I'm finally told I will be informed of a way to get my money back. 

During this time senators on the banking committee were aware of this farce and supposedly on top of it. I made a complaint with several different government agencies. I also wrote a letter to my congressman. 

I got a form response from one government agency, telling me they were aware of the situation, but could not give me any specific information on my particulars. I got other responses saying they didn't deal with banks. 

Finally, I got the long awaited email saying I could apply for my money back. This bank, which claims to be cleaning the mess left by the original bank. They made a point to tell me they spent months trying to figure out the balance sheet. It was oh so hard and they did this at their own expense. 

They also made a point of telling everyone that you could appeal but if you did so they probably wouldn't accept said appeal based solely on the record of transactions. 

They offered me 1/3 of the money in my account. There was no justification for it, except their word that they went through all of the messed up records and this was my actual true balance. 

Now I assume I have to find all of my old pay stubs and prove that the amounts on them are equal to the amounts of deposits made at about the same time. I'm not sure how I'm going to prove that the withdrawals that are there are the only withdrawals. Perhaps there are others that were not recorded. I doubt it. 

What has my congressman done? Well after the third email where I started with this is the third time I've written to you, someone contacted me. Nothing since, but hey its a start. I actually worked with her a few years back with some IRS troubles and she got someone from the IRS to call me and explain what was wrong.  I haven't heard back from either senator. 

Why hasn't the FDIC stepped in and just said make people whole because they are insured and stop whining? Why don't my representatives respond to me? Why does a large corporation get to just dictate terms to me without any proof whatsoever? Why is it on me to prove what they owe me? Why don't they have to prove that they owe me less than what the official record is?

Democrats have created rules and safeguards to protect the average citizen. Those safeguards make it more difficult for smaller independent entrepreneurs to get started unless they borrow tons of capital from predatory investors. Then when they fail those safeguards are ignored and the regular citizen is left twisting in the wind and then dumped on. What do our representatives do? So far nothing? I imagine if I didn't write to my congressman I'd have no hope at all to get my money back. Currently all I have is a glimmer.