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Starve the beast

  • Sun, Nov 06, 2011 - 04:11pm

    #8
    Peak Prosperity Admin

    Peak Prosperity Admin

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    Starve the beast

All the big banks have now publicly dropped plans to impose the new fees after many hundreds of  thousands of customers moved their accounts. Credit unions reported 650,000 new accounts this October, more than all the new accounts they opened last year! Community banks also report a big surge in new accounts. “ … the Independent Community Bankers of America said a poll of its 5,000 members conducted on Oct. 17 found that nearly 60% of community banks are gaining customers who are sick and tired of the big financial institutions.”

Since the bankers own the politicians, this is the only effective way to fight back, and it works. If enough people simply move there money elsewhere the big banks cannot survive. With today’s technology competitive community banks and credit unions offer a full array of sophisticated services so you don’t have to give up anything. It is time to, “Put your money where your mouth is.”

http://hosted.ap.org/dynamic/stories/U/US_BANK_TRANSFER_DAY?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-11-04-19-26-20

Travlin