November 5th, 2011: Bank Transfer Day
On or before November 5th of this year, everyone who has an account with one of the Big Banks is encouraged to withdraw their money from that bank and transfer it to a credit union or a locally-owned bank.
(H/T to Reconstitution where I first learned of this, and to Jess for mentioning it in a comment at an earlier post here.)
Here are some links to Bank Transfer Day.
The idea for Bank Transfer Day came from somebody’s Facebook page and was immediately endorsed by the Occupy Wall Street movement. As much as I’m in favor of Occupy Wall Street, I think voting with your dollars is a much more effective tactic than demonstrating. If you’ve had it up to HERE with Wall Street’s scrotal grip on the entire country — and you have an account with Bank of America, JPMorgan Chase, Citigroup or Wells Fargo — there’s something YOU can do right now to become part of the solution.
Vote with your dollars. Too many people hate Wal-Mart while continuing to shop there; hate the Koch Brothers while buying their products in droves. This means YOU.
If you need to be reminded of why you shouldn’t be patronizing the Big Banks — check this out.
OK, what are you waiting for?
Labels: Bank Transfer Day, Koch Brothers products, November 5th, Occupy Wall Street
posted by Tom Harper @ 2:05 PM
17 Comments:
When I first heard of this, I thought this is a great idea. We don't have a BIG BANK bank account...but this makes me almost want to open one, just to close it. But then I realized that November 5th is a...Saturday. This event should be on a Monday. Maybe Saturday is OK in large urban areas, but it doesn't work out here on the plain Plains.
Of course in the end, you are right, voting with your money is the way to go.
BTW, we never, NEVER set foot in the shithole, Wal-Mart.
@ jaded, do what I did. I got all my monies out of BofA and left about 10 bucks in there so they will have to manage the account monthly. It will cost them more to do it, than it will me to keep a small balance in there and not access the account.
It's like sending back the stuff you get from campaigns you don't like. They pay the cost for it all to where they are using money they cannot spend elsewhere fuckin things up. If enough of us did that it would make a difference. Before I hear from our resident right wing annoyance that this is wrong, I will preempt you with this, your comment will confirm you are too stupid to exist, yet you will still leave one.
Excellent idea, Jess.
An addition to your resident fool comment...also too stupid to realize that not one person who follows this blog has ever reversed their political orientation because of something she/he has said. Now THAT is major league moronic self-delusion.
I've been with a Credit Union for the last 20 years
Erik
RIGHT ON! Cripple the arrogant bastards!
Maybe she finally went back to the kitchen where her kind belongs.
And I have used a CU since 2000 and have no intention of ever using a commercial bank again.
As for Boycotting the Koch brothers products none of that stuff looks like stuff I buy but on PBS every decent science and nature show is underwritten by them, do I have to quit watching those shows?
Erik
This might do some good, but I'm not so sure. What would really send a message is for large numbers of institutional investors, large commercial and nonprofit accounts, and 401k plans to abandon them.
Oh fine, take out all your money and then when we have to bail them out a second time, don't come crying to me, stupid hippies.
While you're at it why don't you stop paying your taxes to the government who uses it for bail outs.
Oh I forgot you loooooove the government.
Hey JR found something for you:
http://www.youtube.com/watch?v=71-ySuq_mhE
Lisa, your streak of stupid is, as usual, unbeaten. I'm not even going to try to decipher what kind of meaning you apparently attach to that video of a man saying what he wanted to say. Instead, I'll invite you to watch your hero Guv Goodhair in his many debate performances, or-better yet-try to figure out what your wet dream Willard was saying in Ohio.
And then get your dumb ass back to the kitchen, where you belong. I know your husband expects a clean house and a good meal, and that is all you're good for. That, and producing offspring.
JR don't you have a list to write for the little woman of chores you expect her to do?
jadedj: November 5th is a Saturday -- OOPS. I do hope the organizers of this event were aware of this when they first planned it. Hopefully people will notice this next week and take their money out before the weekend.
Jess: That's hittin' them where it hurts, leaving a tiny account in the bank so they have to pay to maintain it. I used to do that other thing you're talking about, with return envelopes. Those "free" credit card offers in the mail, I'd stuff a whole newspaper section into their postage-paid envelope and mail it back to them.
Erik: That's a long time. We switched to a local bank about 3 years ago when Bank of America closed the branch we were using.
Jack: Damn right, take 'em out at the knees.
JR: Yup, that's the way to go.
Erik: Damn, I didn't know that about PBS nature programs.
SW: That would be a lot better, for sure. I hope some of them will.
Randal: But I've come to love bailing them out. Stockholm Syndrome you know.
Credit Unions are the best way to go. I've been there for 20+ years.
Lisa - They mostly use it to buy power. Did you see Obummer the other day at WashU saying how he wanted to give them free stuff by confiscating it from others.
Jolly, just because you call people names like "stupid" all the time doesn't make you smart.
Only smart people like Dr. Thomas Sowell, David Horowitz, David Mamet, Larry Elder, Ronald Reagan, William Bennet, Michael Medved, etc. could understand the cruelty of Leftist ideology and why they left it. Forcing everyone to take care of irresponsible people will eventually bring everyone down, except the ones that have their dachas.
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