Video: America’s Debt and ‘Break The Bank’ Recap
Video: ‘Break The Bank’ Update #2
Video: ‘Break The Bank’ Announcement
Dear Friend,
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.
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.
Ronald Lewis
Author, “Stick It To The Man”
Denver, Colorado
Similar articles:
Hey man! You might want to link directly to BankSimple.net – .com looks like a scam site. Also, haven’t the major banks repaid the TARP funds? http://online.wsj.com/article/SB10001424052748704254604574614082322331944.html Totally agree they never should have received them in the first place though.
We’re moving to BBVA Compass (from Wells Fargo) – which as far as I can find hasn’t received a dime of bailout money.
Michael,
Thanks for the reminder on linking to BankSimple.net. Yes, TARP has been repaid by some banks. Great news about your switch to BBVA Compass. We need more Americans doing the same.