move your money November 5th


This November 5th marks a nationwide movement to get people to withdraw their money from a "Too Big To Fail" banking institution and deposit that money into a community bank or credit union . The official website is moveyourmoneyproject.org. Sometimes protest can seem a little vague, or maybe it's something you can't or won't do for whatever reason, but moving your money from a TBTF bank to a local bank or credit union that operates their business fairly, legally, and morally and doesn't engage in, for instance, mortgage securities fraud, then that would be an action that would make a real and tangible statement about what you think of corruption on Wall Street.

By the way, in case you're interested, I didn't choose to deposit my money into a credit union, instead I chose a local bank that serves and makes loans to the immediate community, wasn't involved in mortgage securities fraud, or is over leveraged. I believe it to be a right-sized small bank that operates safely and in the interest of their customers.

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