Thursday, January 7, 2010

Move Your Money

It's a simple proposition, really: If the "too big to fail banks" won't get back into the business of making necessary small business loans to main street America then let's ALL help them get smaller by moving our money OUT of the BofA's, Wells, Citi, etc., and into main street Credit Unions and Community Banks. They're just as safe as the big boys because they are insured by the same folks (FDIC, CUIF) up to $250,000 for each account holder. (IF you have more than a quarter mill laying around, then spread it through multiple Credit Unions or Community banks. This is now news -- but it's grassroots action that YOU can take to help solve the financial malaise in the gold old USA. Move your money away from the "too big to fail" enterprises that have had to come to the government bail-out trough and yet are doing little or nothing to REALLY effect the financial recovery of main street America. Check out MoveYourMoney.info -- it's easy to find a list of institutions right in your own Zip code (or nearby).

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