February 8, 2010
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News: Man Attacks ATM In Revolt
If you have had enough of credit card companies, you have a friend who wants you to join him in sticking it to them. An angry cardholder in Seattle, Washington, has taken measures into his own hands and says that credit card reform is nothing more than a joke. John Clinton Tuttle launched his campaign against the banking industry by sticking nasty notes to automatic teller machines (ATM) across the city. The notes which read “Stand up to the rich bankers!” along with the address of Tuttle's website, www.creditcardrevolt.com, were plastered on 40 ATM's. The website encourages other individuals to join in the cause and states Tuttle's proposal for what he calls true credit card reform.
Tuttle who says the "credit card business is unethical" has partnered with Georgie Bright Kunkel to promote the cause. Kunkel has three YouTube videos on the subject which can be accessed from the Tuttle's website. A retired public transit supervisor, Tuttle said he began his journey down credit card debt lane 20 years ago when his wife became seriously ill and lost her job. At that time, Tuttle had a three and five year old to care for. Under the circumstances, it didn't take long for them to be buried in debt. Attempts to get help from the banks in reducing his interest rate were fruitless.
After viewing the PBS series The Secret History of the Credit Card, Tuttle realized that it was time to take a stand against the financial industry. However, he didn't really take action until the Credit CARD Act 2009 was signed into law in May by President Obama. When the bill was signed, John thought things would really begin to change. What he soon discovered was that the credit card reform bill really wasn't reform and that lawmakers were only pretending it was. Hence, creditcardrevolt.com was developed to rally the forces and get Americans to stand up with him in the fight for true card reform with Tuttle presents on his website. Meanwhile, Tuttle says he has dug himself out of debt and intends to end his financial relationship with JPMorgan & Chase Bank and begin anew with his local credit union.