Tag Archives: revolution

Debtors Revolt (Ann vs. Bank of America)

Ann is a 46-year-old mother and mental-health professional and self described “conservative liberal, or liberal conservative, closet science nerd, shoe-addict, and beauty product-junkie.” She says she’s met her  credit card balance limits and paid routinely, but that didn’t stop Bank of America from jacking up her interest rate to a whooping 30%.

So she took her story to YouTube in a video titled “Debtors Revolt Begins Now,” and it’s the highest-rated video of the week in YouTube’s “non-profit, activism” category. 140,000 people have watched her story, and the video received more than 1,700 positive & controversial comments, and was rated nearly 2,000 times (averaging a 4.73 out of 5).  In a follow-up September 11 video, she reacts to the viral response to her video, crediting her viewers and God.

She’s calling it civil disobedience, and many of her video replies indicate people are joining her cause. Dozens of blogs are linking to her video:

Dozens of websites & blogs link to the "Debtors Revolt"
Dozens of websites & blogs link to the "Debtors Revolt"
  • The Market Ticker’s Karl Denninger said “She’s spot-on, in my opinion, and if you, through no fault of your own (you’re NOT a deadbeat) have had this happen to you, then I fully support doing exactly what she is – tell ’em to get stuffed. Do realize that civil disobedience has consequences, but it also brings a huge breath of fresh air into your life!”
  • Of course comments vary, including this one posted an hour ago: “Debtors revolt? Are you f’ing kidding me? Is this a parody? You invoke the founding fathers’ ideals and in the same breath bitch about credit usage? Seriously? Don’t want high interest rates? DON’T F’ING USE CREDIT. You don’t have a fundamental right to low interest rates or easy access to credit. You made your bed; lie in it. Enjoy the shitty credit” (by dontfrostthepie).”
  • The majority of the comments are supportive, like this one thevickithomas“Congratulations for taking a stand on the outrageous fees charged by bank run credit card companies. I share the same feelings about my closed Chase card. I join with you and others who are willing to stand up to the inept bank ceo leaders that have not be held accountable for their failed actions. One day they will regret how they have treated customers — when they suddenly realize they need us.”

My two cents? A good reminder that one poorly treated customer can rock a corporation, and it’s somewhat comforting to know that banking has replaced  pharmaceuticals for most-despised among Americans. I never much cared for banks.

Can Amateur Online Video Power Health Community?

I’ve been saying for years that I’d trust 100 patients’ diagnosis and recommendations over one doctor’s. It’s the power of the masses: a large set of less educated opinions are more likely to be informative than one educated professional. As an example, I posted a video last night called “5Ks are brutal,” and described some symptoms I’ve had with my back and leg (fast forward to 1:50 to hear how I describe my pain and tingling in one leg).

Within 10 minutes of my hitting “upload,” someone suggested it might be Sciatica (see Wikipedia entry, which itself is a collective explanation and not necessarily informed by medical professionals).  As of now, there are several hundred comments, and a few others agree it could be sciatica.

viewer diagnosis of sciatica

I found this comment fascinating because I think bohogirl1, a total stranger, helped save me weeks of misdiagnoses- and her response arrived almost instantly. I do find my doctor to be largely informed (she’s seen here in this parody, where she was good enough to pretend to diagnose me with “video virus.” But I’ve been experiencing these symptoms for more than a month, and haven’t felt compelled to visit her… it’s time off work, a co-payment and I’m likely to get the “HMO runaround.”

Clearly this wouldn’t work if nobody was watching my videos, and it’s not very sustainable. I doubt many would subscribe to a YouTube channel of random patients complaining about inexplicable medical symptoms — much less offer free diagnosis. But I do think that online-video will power health care communities. Already we’ve seen communities form around medical conditions — especially severe ones like breast cancer, Alzheimer’s, or mental illnesses (see crazymeds.us for some collective experiences related to pharmaceutical treatments related to depression, anxiety and other neurological ailments).

Steve Case, co-founder of AOL and now Revolution Health, has indicated that as co-pays rise and consumer-directed healthplans push costs to consumers, patients are likely to become more informed and seek out other patients for efficient coping with illnesses. When I had a family member diagnosed with cancer, the second thing I did (after surfing the credible sites about cancer) was look for people that had experienced his rare type of cancer… to find out what to expect in treatment and recovery.

I struggle with exactly how video and health community will collide. I would imagine that if community forms around medical illnesses, people will want to exchange stories and advice in a more personalized way… and video is the most visceral means for this. That said, most online-video consumption is related to news, humor and sex. So this will be long-tail stuff. Yet certainly more profound.

Top YouTube Creator Spinning Off New Video-Community Site (working title RenettoTube.com)

Renetto’s new YouTube siteOne of the most popular YouTube creators, “Renetto,” has been discussing a revolution, and aspirations to create a new website for unmet online-video community. The new site, a homage to Paul Robinette’s self absorption, is aptly titled “RenettoTube.” I announced the new site in this video from last weekend (see launch video). Oh- and I created the fake site as a joke that was lost on many.

Renetto recently created a video where he’s reacting to the more than 180 comments appearing on RenettoTube. For the record, my only fake entry was from MrSafety.

So it’s a joke, but based on reality. If Renetto does get a bunch of creators to participate in an online video site “by the people and for the people,” what are the opportunities and risks? I’d like to hear from you, dear reader. I’ll start the process, though…

Opportunities

  • Smaller entity can better meet needs of the smaller subset of YouTube that is primarily participating because of the joy of community.
  • If he attracts a lot of big creators, it will be hard to ignore.
  • The new site could, in theory, keep lean and more focused.

Risks

  • It’s very hard to monetize user-generated content. Renetto will need strong partnerships with online-media buyers, who are still struggling to get their clients to post ads around what they perceive as a risky collection of content.
  • Will viewers migrate? It’s a big challenge to get YouTubers to another site. We saw the mess of LiveVideo’s attempt to develop a YouTube clone, and maybe a little more reluctant to migrate.
  • The battle against YouTube (with air cover from Google) is not trivial. Renetto and his companions will need to differentiate, focus and outsmart the 100 pound gorilla.

Renetto, many know, is an entrepreneur and inventor with good relationships with other creators. So it’s worth watching closely. Stay tuned as more news develops.