12.30.09
What you can do about the banking crisis
Do you have money in a big bank that you, as a taxpayer, are bailing out, yet it continues to demand more money—nothing but extortion—from the government so it doesn’t…well, what? They’re not lending money to individuals and businesses, they’re raising credit card rates through the roof in an effort to squeeze an extra dollar out of some while driving others into bankruptcy. They’re not giving homeowners with crushing mortgages a break. But they are giving gigantic bonuses and paying themselves huge salaries for taking that government money. And they’re using the money to buy off legislators with lobbying $$$$$$$$$, all paid for by you and me.
At the same time, small local banks and credit unions that are doing everything they can to help people like you and me are getting squeezed to support these big, profligate institutions that caused their own problems with investments that any fool could have seen would be a bad idea.
That’s the problem. It’s not just fools, it’s a special class of fools that are running these financial giants. They think that you and I are even more foolish than they are.
What the hell do you owe them? Nothing. Stop doing business with them.
Take your money out. Move your money to a local financial institution. You owe it to yourself and to your local economy.
They are trying to destroy us for short-term gain, with the blessing of the government. Don’t let them do it. Starve them.
