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Forum Post: STOP Paying Loans & Credit Cards = BANKRUPT Fed!

Posted 13 years ago on Oct. 11, 2011, 6:25 p.m. EST by rheabird3 (0)
This content is user submitted and not an official statement

ACTION STEPS FOR EVERY AMERICAN

To support "Occupy Wall Street" the answer is simple... STOP PAYING THE BANKS!

STOP paying your mortgage, Stop paying your credit cards, Stop paying your loans!

TOGETHER We, the 1% can and will Bankrupt the Banks & Federal Reserve!

10 Comments

10 Comments


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[-] 2 points by simple (15) 13 years ago

the problem with that is eventually when things come around you will be screwed. pull your funds from bank of america, and put it in a credit union instead, quit buying corporate goods, support local food merchants, quit using 12 ounce plastic bottles of water and get a filter, buy as little gas as possible....hit them where it hurts, the wallet....you can screw them without screwing yourself

[-] 1 points by MadCat (160) 13 years ago

It's kind of a pain, but it can be done.

[-] 1 points by simple (15) 13 years ago

just think if over one million people did this , what kind of impact would it have on their bank accounts?, two million people, three million people??

[-] 1 points by MadCat (160) 13 years ago

It would certainly go a fair way to limiting the money they have to spend paying off our so called representation.

[-] 1 points by lizloans2day (3) from Jersey City, NJ 12 years ago

I think the fact that not paying your loans will worsen if I will just do what is says here. If only not paying the loan is such an easy thing. - http://lizloans.com

[-] 1 points by MisterE (9) 13 years ago

Do I need to state how bad of an idea this is? I mean, don't get me wrong I don't like the FED either but not paying the bank is not the answer. Remember the teller behind the counter is one of the 99%.

http://occupywallst.org/forum/occupy-wall-streets-official-list-of-demands-propo/

[-] 1 points by melbel61 (113) 13 years ago

agree with MadCat1, don't bank at BoA or any others that took TARP, etc. I have my money in a local credit union and my mortgage with a small town bank.

[-] 1 points by bigbuckbur (1) 13 years ago

I've already stopped..but because I have no job and no money..THANK YOU occupiers for standing up for your friends and people you don't even know!!!!

[-] 1 points by pskrob80 (28) 13 years ago

I don't think the 1% has any interest in Bankrupting the Federal Reserve, let alone the 99% who have varied views on this. Edit or FAIL.

[-] 1 points by MadCat (160) 13 years ago

In other words be just as irresponsible and unaccountable as the scum who crashed the economy in the first place. Not the way to go. Now I've also heard calls for withdrawing personal money from the big banks and placing it in say a local credit union. Much better idea.