Monday, March 1, 2010

Move Your Money!! Hurry!

Mega-bonuses. Subprime lending rates. TARP funds. Off-shore bank accounts. Fraud charges. AAACK. Somebody make it stop!!

I don’t know about you, but I’m really disgusted by what Big Banking did to our economy. I’m sorry, what they CONTINUE to do. I long for the day when we had people like George Bailey in charge. (“It’s a Wonderful Life,” in case my reference sailed past you.)

So I was delighted when I heard about this new movement to take control of our economy away from Those Who Are Ruled By Greed. It’s designed to stop these horrendously bad banking practices by using the power of our dollars. I learned about it this morning on the CBS morning program.

You can check it out for yourself at

The site is designed so that you can locate a small bank or credit union in your community that will offer lower interest rates on credit, sound loans, higher interest on savings, and personalized service, everything you can’t get from the Big Banks. In other words, your very own George Bailey.

I love the idea, personally, of taking back control. I also love the idea of working together to do something we could not do individually. I don’t have a lot of money in my savings account. But thousands of people grouped together do. Tens of thousands have even more. WE’VE GOT THE POWER, BABY!

Isn’t that exciting?

I’ve used two local banks for decades and am very satisfied. Do you have your money in a community bank? Would you switch? Or do you feel safer with a Big Bank?

Kate, rattling the piggy bank