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Forum Post: Send the Bankers a message they will hear, cordinate a "Move your money" day.

Posted 13 years ago on Oct. 13, 2011, 11:42 a.m. EST by bsquared (2)
This content is user submitted and not an official statement

While the rest of us hold only a small portion of this nations wealth,and individually don't have much influence with their practices. BUT , if we as a group, target a single big institution, and simultaneously close our accounts with that institution and move our money into local credit unions and or small local banks on the same day, they will hear that message loud and clear.

9 Comments

9 Comments


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[-] 1 points by The2percent (17) from Mt Vernon, GA 13 years ago

Yeah that worked well in 1927. Let's do it again!!!!

[-] 1 points by bsquared (2) 13 years ago

Not a run on all the banks, just one at a time. As well I doubt that a few hundred thousand people across the US pulling their money out on the same day would "break the bank", but it might get their attention.

[-] 1 points by occupie (75) 13 years ago

So you want a run on the banks so they have to get bailed out again? You don't seem to understand this whole thing do you?

[-] 1 points by ragingranny (9) from Provincetown, MA 13 years ago

Boycott is a time honored tradition and one of the most effective means of protest. Why anyone would continue to do business with the likes of Bank of America is totally beyond me. Move your money asap into a credit union or a small independent bank.

[-] 1 points by atki4564 (1259) from Lake Placid, FL 13 years ago

Better yet, start our own banks at $500 apiece, which is why what we most immediately need is a comprehensive strategy, and related candidate, that implements all our demands at the same time, and although I'm all in favor of taking down today's ineffective and inefficient Top 10% Management System of Business & Government, there's only one way to do it – by fighting bankers as bankers ourselves. Consequently, I have posted a 1-page Summary of the Strategic Legal Policies, Organizational Operating Structures, and Tactical Investment Procedures necessary to do this at:

http://getsatisfaction.com/americanselect/topics/on_strategic_legal_policy_organizational_operational_structures_tactical_investment_procedures

Join

http://finance.groups.yahoo.com/group/StrategicInternationalSystems/

if you want to be 1 of 100,000 people needed to support a Presidential Candidate – such as myself or another you'd like to draft – at AmericansElect.org in support of the above bank-focused platform.

[-] 1 points by leftistperson (95) 13 years ago

Credit Unions are interesting institutions. When a Credit Union registers a profit, this profit is not appropriated by the "owners" like in a regular bank. The profit is 100% reinvested in the institution. People should move their money to local Credit Unions.

[-] 1 points by JoblessBrigade (34) from New York, NY 13 years ago

That's the way to go bsquared. (How's your friends asquared and csquared doing anyway, still doing that Pythagorean thing?)

[-] 1 points by bsquared (2) 13 years ago

Yes , we are up to the same old tricks, but its getting a bit too two dimensional lately. We still cant figure out to get dsquared on board.

[-] 1 points by JoblessBrigade (34) from New York, NY 13 years ago

That's the problem with the Greek mathematicians, they don't know what to do when a curve gets thrown at them.