Video: America’s Debt and ‘Break The Bank’ Recap

Video: ‘Break The Bank’ Update #2

Video: ‘Break The Bank’ Announcement

Dear Friend,

SIGN AND SUBMIT YOUR PLEDGE!

Since 2008, major U.S. banks (Chase, Wells Fargo, Citibank, etc.) have received trillions in bailouts and backroom deals from taxpayers and the Federal Reserve for their risky investments, toxic assets and fantasy-driven financial products — all at the expense of the American taxpayer.

There has long been an imbalance between Wall Street and Main Street. No longer can this toxic and corrupt system continue. It’s unhealthy, unrealistic and immoral. Our elected officials in Washington have shown its contempt for its constituents, ignoring public outcry over the banks and Washington’s reckless ways.

SIGN AND SUBMIT YOUR PLEDGE!

Starting September 10, 2010, the ‘Break The Bank’ movement will commence to send a strong message to U.S. banks that Americans will no longer tolerate its practices, blatant theft and cozy relationships with Washington and the secretive Federal Reserve.

How to participate and make a difference

• Pledge to close your Chase, Wells Fargo, Bank of America or Citibank account by year end (You can do it tomorrow if you choose — Just make sure that you PLEDGE to do so!)
• Post videos, pictures and tweets about your pledge
• Move your assets to a credit union, community, regional or Internet bank (I strongly recommend BankSimple)
• Share this page with friends, family, co-workers and others

Whether you’re lower, middle or upper class, we can all have a profound impact in 2010 on the American banking system. Don’t sit on the sidelines. Don’t make excuses. Break free of this toxic system.

Break the Bank!

Ronald Lewis
Author, “Stick It To The Man”
Denver, Colorado

On July 4th of each year, millions of Americans fire up their grills for good food and good times. Only this time around, our country’s economy and the political establishment are in shambles. As of this recording, America’s national debt stands at over $13 trillion.

EXCLUSIVE!

UPDATE: I wanted to add that the photos and video were taken on Apple’s wonderful new iPhone 4. Thanks to Lisa for having a powerful tool to capture a thrilling moment.

On July 3, 2010, I captured several photos and video of this heavily disguised pickup in Mt. Evans, Colorado. The grille and overall design is certainly Ford inspired, but there’s no way to tell for sure. If it’s a Ford vehicle, it could be the long-awaited Ranger replacement. But that’s anyone’s guess at this point.

Video available after the photos. High resolution images (without watermark) are available to the press and bloggers with proper attribution.

What further proof do we need that the Federal Reserve is magically creating money out of thin air (and siphoning money out of your pocket through inflation)? Federal Reserve Ben Bernanke nods in agreement to questioning by Congressman Ron Paul:

Fed up with big U.S. banks? Join the ‘Break The Bank‘ movement on September 10th, 2010!

Goldman Sachs isn’t the only rotten apple on Wall Street. They weren’t alone in defrauding investors and America. JP Morgan Chase, along with other major U.S. banks, have made billions in ‘deceptive fees’ in the form of real-time mobile alerts, ‘selective transaction’ postings and other tactics.

For example, Chase’s real-time mobile alerts — until recently — weren’t exactly real-time. Overdraft alerts in the past were always sent the following business day. This feature wasn’t designed with the account holder in mind — only the bank. To their credit, the banks recently changed their deceptive practices. Unfortunately, they didn’t do this for you and me. Oh, no, it took the threat of legislation to change their dirty ways.

Another deceptive tactic employed by Chase and other U.S. banks is selective transaction posting. The banks essentially cherry-picked transactions to levy overdraft fees, choosing to post larger purchases first over smaller ones. How’s that for siphoning your money?

Of course, Wall Street and the banks will all deny any wrongdoing, but the facts clearly show otherwise. After trillions in taxpayer bailouts, and billions in deceptive fees, it’s time for U.S. banks to have their day in court, too.