Skip to main content

View Diary: Taibbi: My Advice to WS Protestors w/update on picture (157 comments)

Comment Preferences

  •  Here is an action you can take against the banks (20+ / 0-)

    I've been thinking a lot lately about OWS and asking myself... What would Gandhi do?

    He chose one symbolic act that directly impacted the revenue of the government... he chose the salt works in India.

    The British government there had made salt making a government monopoly and a taxable commodity. Salt is vital for life, but in the tropics it is extremely vital.

    Gandhi organized a march to the sea and the people used seawater to begin making salt again... and the government reacted with mass arrests.

    America isn't India... but since the Big Banks and Wall Street have been very much at the core our current misery... the grass roots have organized a peaceful way to hit them right where it hurts... in their bottom line... using social media,

        November 5th 2011

        Together we can ensure that these banking institutions will ALWAYS remember the 5th of November!! If the 99% removes our funds from the major banking institutions to non-profit credit unions on or by this date, we will send a clear message to the 1% that conscious consumers won't support companies with unethical business practices.

        • Research your local credit union options
        • Open an account with the one that best suits your needs
        • Cancel all automatic withdrawals & deposits
        • Transfer your funds to the new account
        • Follow your bank's procedures to close your account on or before 11/05

    Bank of America precipitated this with their debit card fee announcement, but they are also one of the largest home mortgage institutions and up to their eyeballs in mortgage fraud.

    Want to break up the "too big to fail" banks, this might be a good way to start! Use your Facebook and Twitter accounts to promote this!

    Mass withdrawals from the big banks to credit unions or small community banks is the perfect act of defiance!

    They make money off your savings and bilk you with transaction fees... deny them that and it hurts them where it counts!  

    •  Perfect!!!! (15+ / 0-)
      San Jose: Millions Withdrawn from Bank of America and Wells Fargo!


      Ms. Unoball got an email this evening with some very good news.

      The message came from People Acting in Community Together, PACT. This is an interfaith organization dedicated to protecting the rights of minorities and the needy in the San Jose (CA) area. PACT represents 25 congregations and 50,000 people.

      (I'm not an official with the group, by the way, so I am not speaking here on their behalf, but just passing information along.)

      The message they sent Wednesday evening was stunning.

      On Wednesday, PACT and Most Holy Trinity Catholic Church announced that they were withdrawing up to $4 million from their long-time banks and transferring those funds to local credit unions.


      Father Eduardo Samaniego announced that the parish is moving its $3 million account with Bank of America, where the church has done business for at least 20 years, to a community credit union.

      See the video!

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site