ktlight
16th June 2011, 05:16
FYI:
oin The Fight To Stop The “Too Big To Fail” Banks From Holding America Hostage. Take Your First Step In The Economic Revolution By Moving Your Money Out Of Wall Street Banks And Into Your Local Bank To Help Out Main Street And Grow Our Local Economies While Stopping Wall Street Banks From Making Record Profits With Your Money..
As the American Revolutions officially starts today, one of the action items in the manifesto is for activists to move their money out of Wall Street Banks and into local banks to help support our local economies and end the Wall Street Banks hostage holding of American Citizens and the economy.
Indeed Operation Empire State Rebellion is underway and over 90,000 activists have joined the call to hit the streets starting at 11:00PM today with protests scheduled all over the country as activists occupy Liberty Park in New York’s Financial District.
However, one of the action items of the movement following the protests is to move all of your money out of Wall Street Banks and into local banks to help support main street and end the “Too Big To Fail” stranglehold the bans have on the people and our Government.
In an article on the Huffington Post Eric Lotke informs us how he has joined the movement to break up the big Wall Street banks.
Breaking Up the Banks: I Did It!
As the debate heats up over Elizabeth Warren to head the Consumer Financial Protection Bureau, I took a step out on my own. I got a divorce. I am no longer a wholly owned subsidiary of Wells Fargo Bank.
First Wells Fargo acquired the bank I’d been banking in. Then Wells Fargo acquired my mortgage. The roof over my head and the little savings accounts where my kids manage their newspaper money were just parts of Wells Fargo’s diversified portfolio. So we left.
I opened a new account at a community bank near me. It has exactly the same tools for on-line banking, check-cards and so forth that I’ve come to expect, and better interest rates on every product from checking to CDs to my kids’ little savings accounts. I’m even better off with ATMs. I feared I’d be limited, but my community bank solves the problem by picking up the fees for me to use any ATM at any bank anywhere in the world.
The staff was friendlier, too. Many of them previously worked for banks like Citi and Wells Fargo, and they appreciated the cultural change even more than I did. They stayed open a little late to accommodate my work schedule, and we finished up by telephone and email.
I learned a bunch in the process, too. I learned that the Huffington Post was way ahead of me. They recommended that people make this move last year, and they even created a site to help find your local bank and tell your story.
Read more…http://www.huffingtonpost.com/eric-lotke/breaking-up-the-banks-i-d_b_875377.html?ir=Business
The reasoning behind the call to action is possibly best explained by the following post from Washington’ Blog.
source to read more
http://blog.alexanderhiggins.com/2011/06/14/join-revolution-move-money-wall-street-banks-local-banks-27041/
oin The Fight To Stop The “Too Big To Fail” Banks From Holding America Hostage. Take Your First Step In The Economic Revolution By Moving Your Money Out Of Wall Street Banks And Into Your Local Bank To Help Out Main Street And Grow Our Local Economies While Stopping Wall Street Banks From Making Record Profits With Your Money..
As the American Revolutions officially starts today, one of the action items in the manifesto is for activists to move their money out of Wall Street Banks and into local banks to help support our local economies and end the Wall Street Banks hostage holding of American Citizens and the economy.
Indeed Operation Empire State Rebellion is underway and over 90,000 activists have joined the call to hit the streets starting at 11:00PM today with protests scheduled all over the country as activists occupy Liberty Park in New York’s Financial District.
However, one of the action items of the movement following the protests is to move all of your money out of Wall Street Banks and into local banks to help support main street and end the “Too Big To Fail” stranglehold the bans have on the people and our Government.
In an article on the Huffington Post Eric Lotke informs us how he has joined the movement to break up the big Wall Street banks.
Breaking Up the Banks: I Did It!
As the debate heats up over Elizabeth Warren to head the Consumer Financial Protection Bureau, I took a step out on my own. I got a divorce. I am no longer a wholly owned subsidiary of Wells Fargo Bank.
First Wells Fargo acquired the bank I’d been banking in. Then Wells Fargo acquired my mortgage. The roof over my head and the little savings accounts where my kids manage their newspaper money were just parts of Wells Fargo’s diversified portfolio. So we left.
I opened a new account at a community bank near me. It has exactly the same tools for on-line banking, check-cards and so forth that I’ve come to expect, and better interest rates on every product from checking to CDs to my kids’ little savings accounts. I’m even better off with ATMs. I feared I’d be limited, but my community bank solves the problem by picking up the fees for me to use any ATM at any bank anywhere in the world.
The staff was friendlier, too. Many of them previously worked for banks like Citi and Wells Fargo, and they appreciated the cultural change even more than I did. They stayed open a little late to accommodate my work schedule, and we finished up by telephone and email.
I learned a bunch in the process, too. I learned that the Huffington Post was way ahead of me. They recommended that people make this move last year, and they even created a site to help find your local bank and tell your story.
Read more…http://www.huffingtonpost.com/eric-lotke/breaking-up-the-banks-i-d_b_875377.html?ir=Business
The reasoning behind the call to action is possibly best explained by the following post from Washington’ Blog.
source to read more
http://blog.alexanderhiggins.com/2011/06/14/join-revolution-move-money-wall-street-banks-local-banks-27041/