View single post by Joe Kelley
 Posted: Sat Jan 2nd, 2010 08:50 am
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Joe Kelley

 

Joined: Mon Nov 21st, 2005
Location: California USA
Posts: 6399
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http://www.lewrockwell.com/north/north796.html

The idea is simple: If enough people who have money in one of the big four banks move it into smaller, more local, more traditional community banks, then collectively we, the people, will have taken a big step toward re-rigging the financial system so it becomes again the productive, stable engine for growth it's meant to be. It's neither Left nor Right – it's populism at its best.

Consider it a withdrawal tax on the big banks for the negative service they provide by consistently ignoring the public interest.