RE: It despicable that you cannot even download a .qbo file onto your desktop from your bank and upload it anymore into QB.

I understand your frustration. Intuit turns off all "connected features" when it removes support for older versions, and it sees the Bank Feeds / Online Banking center and importing QBO files as connected features. This isn't new; they've been doing it for 20 years or so.

If you don't need any other connected features and you want to stay on an older version, you can still import OFX, QFX and QBO files into QuickBooks indirectly, by converting them to IIF files. You can use our OFX/QFX/QBO to IIF Converter to do that.