Saturday, May 30, 2009

Starve the Beasts - Start the Revolution
Anecdotal Economics

". . the Systemically Important Too Big To Fail (SITBTF) institutions completely have captured our flag, our capital, our political parties, our "democracy" and our very lives, we as regular, hard-working, country-loving J6Ps have only this one remedy remaining, as all others woefully have failed.

We have only one option remaining to fix this ourselves, to starve the beasts, and it is, simply:
Stop Doing Business With Them.

If you are banking with a SITBTF bank, start by closing your checking account. Move it to a smaller community bank which offers the same features such as bill payment services, payroll depsosit, automatic debits and the like. Close your savings accounts, your CDs, your money market deposit accounts and move them to one or more community banks, and introduce yourself to an actual banker and branch manager (it will be handy someday to personally know someone).

Stop the madness - starve the beasts. If we don't, WE are part of the problem and we deserve what we are getting and what is happening, now and in the future, because it WILL happen again if we let it."

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