Feb 172010
moveyourmoney.info Author Bill Maher describes a new project developed by Arianna Huffington to end the abuse we’ve received from the big 6 banks.
moveyourmoney.info Author Bill Maher describes a new project developed by Arianna Huffington to end the abuse we’ve received from the big 6 banks.
Right, it’s better to side with the enemy than to fight it. PUSSY.
@rightwired OMFG, your source of information about this is over 30 YEARS OLD?? Basically what you are saying is “no, your bank did not raise your interest rate to %30 after one late payment, you must be mistaken, everyone in America. No, the bank did not actually forclose on your house, read this newspaper from a thirty-three years ago. Oh look, an ad for something called a ‘calculator!’”
Except that when huge banks hire lobbyists to bend our representatives to their will, we create a climate which allows the banks to get away with whatever they want under an implicit or explicit guarantee by our government that the people are standing by to bail them out. This promotes risk-taking, which, as we know now, nearly brought our economy to its knees. Maybe your thousand dollars is safe, but not: your family’s future, your job, your health insurance, your retirement plans…
Ridiculous. Thousands of local banks will not become a few mega-banks. What does my credit union in Plantation, Florida care about a credit union in Juneau, Alaska? How/why would they assimilate?
It doesn’t begin by bitching on internet forums, I know that much.
With that attitude they will. Seriously, if we all put our money into local banks, this kind of meltdown will not be able to happen again. Big Wall Street banks need your money to operate, and if you won’t give it to them, you can take away some of their power. I moved all my money into a local credit union. Your turn.
love ok merci beaucoup yes karine
move your money to smaller banks…then big banks will absorb them sooner or later…big banks will always win!
Quoting some consumer act is not a point. And if you think BofA and the big banks didn’t bring our country to the brink of disaster, I have VOLUMES of information to illuminate you.
Few people will actually be proactive enough to do the right thing. They are just trying to get the people who are thoughtful enough to do it out of the MATRIX.
Fire your bank.
Because he doesn’t waste time on message boards calling people ugly.
@IronHeart45
How can an ugly guy like Bill Maher get hot chicks?
All banks are FDIC insured, so there’s no difference in risk.
What? haha. That’s like saying don’t give equal rights to women because they will come to dominate man. Actually, what you have said is even more nonsensical than even that. He’s asking you to diversify the money holdings, not to consolidate them.
It is a good idea. But, if too many people do it, the local banks will become the big banks, thus, becoming counter-productive to the original arguement.
Bill, I disagree with you 90% of the time. We are in complete agreement with this point though. I will close my BofA account on Monday and move it to a smaller bank. I hate the relationship I have with all those brainless clerks at the bank that only follow procedures. If you ask one of them for the time, they will look at a procedural manual to give you the appropriate answer. Never again will I allow an institution to control my future. Not the bank, not the government.
All deposits in banks, big or small, are insured. There is no risk for the individual depositor.
Buying small bank shares is risky.
This is an awsome idea. I will do it this week. I’m a conservative and agree 100% these banks are crooks.
he didn’t make any points though
as usual, he’s factualy incorrect on all his points.
cra act of 1977. read it.
I did it Bill!
Yeah and you have millions invested in all these big banks I take it.
Bigger banks are more likely to be saved by the government, and are not smaller ones.
What Mr. Maher suggested sounds very risky.
Amen Bill well maybe I shouldn’t say that because you’rean athiest. I agree with you all the way.