Bank Transfer Day Nov 5: Move your money from big banks to a non-profit credit union or local bank
alpha lo Oct 21 04:18PM -0800
One of the most powerful concrete actions coming out of the Occupy
movement is coming this Nov 5. This is when people are encouraged to
move their money out of the big banks and into non-profit credit unions.
100,000 people doing this simultaneously around the world can lead to
1 billion dollars suddenly shifting out of the big banks and into
local credit unions! The big banks might well be worried now. And
local communities really benefit because credit unions reinvest money
into their communities
It's an interesting action because it doesn't actually require any
legislation to be passed to succeed. Its actually something everyone
is allowed to do. Its legal. And can also derail the big bank workings.
https://www.thestreet.com/story/1127...our-money.html
https://abcnews.go.com/blogs/busines...m-on-facebook/
Anonymous's video about Bank Transfer Day. (Anonymous was one of the key groups that sparked the Occupy movement)
https://www.youtube.com/watch?v=-mJJ...eature=related
This coordination of money movement on a large scale gives the public
leverage in discussions about reforming the Fed (which is made up of
these big private banks) and the money system
www.findacreditunion.com
Note:
Redwood Credit Union has a new branch in Sebastopol (opening 11/07/11) 7840 Covert Drive
Sebastopol, CA 95472
Phone: 800-479-7928
Please spread the word, and send this to your email and social network contacts.
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