You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

HOW REP. SCHAKOWSY SWITCHED BANKS [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 06:17 PM
Original message
HOW REP. SCHAKOWSY SWITCHED BANKS
Advertisements [?]
Members of congress on both sides of the aisle are catching on to the wave of change. Rep. Jan Schakowsky (D-Ill.) said “bye bye” to Bank of America over the weekend and moved her money to Devon Bank, a local community financial institution in the neighborhood she grew up in.

The friendly bankers were happy to see me and helped me open a new checking account. I can still bank on line, get a debit card, and use without charge a network of ATMs that are conveniently located. They gave me a map that I’ll keep in my car. Not only that, they will pay me 4.15% interest on my balance up to $20,000 and they gave me a very nice pen set and a clock!
I hadn’t even realized how good it would feel. Over the last year, I knew in my heart, that I had to get out. I saw, along with millions and millions of my fellow Americans, that my long gone community bank wasn’t the only one being swallowed up. Our entire economy was being digested by the big, greedy, reckless behemoths that could care less about me or any of us. With only four banks holding nearly 40% of all deposits, we learned the hard way just what “too big to fail” really means. It means to save our own necks, we had to rescue the monsters, or to carry on the first metaphor, our abusers.

http://moveyourmoney.info/

Heh.Guess she forgot to listen to Timmeh explain why moving your money isn't a good idea. Oh, wait. He didn't say why it was a bad idea, just that it is.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC