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Move Your Money: A New Year's Resolution

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katty Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-30-09 12:42 PM
Original message
Move Your Money: A New Year's Resolution
more: http://www.huffingtonpost.com/arianna-huffington/move-your-money-a-new-yea_b_406022.html

Read More: Banking, Banks, Big Banks, Community Banks, Eugene Jarecki, Main Street, Move Your Money, Moving To Community Banks, Business News


Last week, over a pre-Christmas dinner, the two of us, along with political strategist Alexis McGill, filmmaker/author Eugene Jarecki, and Nick Penniman of the HuffPost Investigative Fund, began talking about the huge, growing chasm between the fortunes of Wall Street banks and Main Street banks, and started discussing what concrete steps individuals could take to help create a better financial system. Before long, the conversation turned practical, and with some help from friends in the world of bank analysis, a video and website were produced devoted to a simple idea: Move Your Money.
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peacebird Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-30-09 01:05 PM
Response to Original message
1. we only bank with our credit union - wouldn't take back BoA for anything!
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katty Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-30-09 01:13 PM
Response to Reply #1
2. that's great-we are planning to go with our credit union - done
Edited on Wed Dec-30-09 01:14 PM by katty
with B of A - all of these highway robbers.
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pscot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-30-09 01:35 PM
Response to Original message
3. I switched to my credit union 25 years ago
when my then bank, First Interstate, made the headlines by looting a dead woman's trust account. I have a 13%, no-fee Visa, and if I need a loan for a car, a boat or a new appliance, I call them up and it's as good as done. I have a check-book, cash card and direct deposit and direct payment if I need it. The only downside is that they don't have a branch in every supermarket, and that's just not that big a deal. Why would I want to contribute anything to the banksters?
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bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-30-09 03:16 PM
Response to Original message
4. We "moved our money" in 2006.
Cashed out and bought "Bubble Proof" land.

Wall Street can live or die without our money or concern.
So can the Democratic Party if they continue to Bail Out the Wall Street/Insurance Cartel and keep The Wars going.


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Uncle Joe Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-30-09 04:09 PM
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5. An excellent video on that link tying it all together.
Kicked and recommended.

Thanks for the thread, katty.:thumbsup:
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ClassWarrior Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-31-09 06:01 PM
Response to Original message
6. K!
:kick:

NGU.
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