Forum Post: The Megabanks and Occupy Wall Street
Posted 13 years ago on Nov. 12, 2011, 8:55 a.m. EST by RittGoldstein
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In 2009 I wrote an article in The Christian Science Monitor about alternative banking, "Banking, the Swedish model". http://www.csmonitor.com/World/Europe/2009/0622/p06s16-woeu.html
At the end I quoted a WARNING, "Jakob von Uexküll, founder of both the British-based World Future Council and Sweden's Right Livelihood Award (also known as the 'alternative' Nobel Prize), argues that banking interests have become so powerful that they have been effectively able to 'take over governments to get the kind of legislation they needed.'
Referring to the megabanks, Mr. von Uexküll adds, 'They need to be dismantled.... If an economic entity is too big that it threatens the state, it threatens democracy.'"
Occupy Wall Street is right! The only things that remain are for people to finish waking up to what's actually happened, then act upon it!
Last weekend, in my local Credit Union, activity was up @ 100%, as many new members were signed-up and transfering money from their previous banks. This is from someone who worked at the CU.
I wonder if the movement is over or if this weekend will see the same activity jump.
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