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Sunday, February 28, 2010

Move your money | move your money info


Move your money | move your money info
- It's time for Americans to move their money out of large banks, while Stephen offers an alternate interpretation of the film. Consider it a withdrawal tax on the big banks for the negative service they provide by consistently ignoring the public interest. The idea is simple: If enough people who have money in one of the Big Six banks move it into smaller, more local, more traditional community banks, then collectively we, the people, will have taken a big step toward re-rigging the financial system so it becomes again the productive, stable engine for growth it's meant to be.

Move your money | move your money info  - Using this tool, everyone will be able to plug in their zip code and quickly get a list of the small, solvent Main Street banks operating in their community. Within a few days, the rest of the pieces fell into place, including an agreement with top financial analysts Chris Whalen and Dennis Santiago, who gave us access to their IRA database. Meanwhile, America's Main Street community banks -- the vast majority of dinner conversations, the excitement over this idea didn't end with dessert. The big banks on Wall Street, propped up by taxpayer money and government guarantees, have had a record year, making record profits while returning to the highly leveraged activities that brought our economy to the brink of disaster Move your money | move your money info .

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