Break-a-Bank Initiative

If you're upset about how the US Fed and Treasury are handling the banking/financial crisis, you might like this.

http://www.thomasnogales.com/breakabank.htm

(excerpt below)
The Federal Reserve is engaged in outright theft from the public. They're holding the Fed Funds rate at 2% which sets the base rate on savings accounts and CDs. Your savings allow the corrupt and incompetent major banks to borrow at 2.25% from the Fed and buy treasury bonds paying 4+% thus earning risk-free profits to liquefy their balance sheets. This free money comes directly from the pockets of taxpayers. You get 3% on a CD while inflation is close to 6%. This is theft from savers and people living on their savings. This is theft from every day people and a giveaway to the least deserving. It's a gift to the banks who engineered the financial fiascos that are destroying the fabric of this nation. They don't deserve that gift. They hope you're too lazy and beaten down to take notice and to step forward and defend your family.

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I believe the biggest banks should be allowed to fail and go bankrupt. Let another group of mid-tier banks step up and take over the money center roles. We need ethical bankers and they exist in cities all across America. We need honest leaders and common sense regulations that reward free enterprise and prevent abusive leveraged finance. Join my campaign to place pressure on the Wall Street banks and the Federal Reserve. Let them know we won't tolerate being cheated. Do your part to help the Wall Street bankers go broke. My approach is simple, very effective and you will make money doing it. Move your money from big banks like Bank of America, Chase, Citi and the other bloated, boardrooms on Wall Street to a non-profit credit union. Your money will be invested in your own community and won't be sent to Wall Street. You'll get lower costs on loans, higher rates on savings, no crazy and criminal fees, no/very low minimum balances on your checking account and you'll be doing your part to bring down these gigantic, vampire organizations. You win and they lose.

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Americans have been complacent about torture, the wars, the erosion of civil liberties, and the bad financial policies of this government because citizens feel the system can't be changed. We've seen manufacturing jobs off shored to further enrich executives. The US government ignored common sense and let the banks create trillions in bad debt. We don't get pay raises and now they're giving our cash to the bankers. Are you going to stand by and accept being cheated on your savings? Stand up and help your family.

Folks, my Break-A-Bank initiative is effective fun that both liberals and conservatives can enjoy. Move your money out of the big banks and tell them why. Go across the street to your community credit union and sign up.

We can't change the politics in this country by voting because too many politicians don't really care what the public thinks. They do care what their cash contributors think. We can choose not to fund the congressional paymasters - Wall Street.

Here's the list of the 50 largest banks in America ( http://nyjobsource.com/banks.html ). Don't do business with the top 20. Here's the link to find a credit union in your community ( http://www.findacreditunion.com/ ).