11.05.2011

Happy Bank Transfer Day!

Yes, today is the day to close your bank accounts and go to a credit union. Stop supporting the dirty banksters who blew up the economy and corrupted the government.

I must confess that I haven't moved my money yet. I'm looting the dirty banksters by taking them up on serial offers of $100 - $150 to open new credit card, savings, and checking accounts. Currently Citi is handing out Benjis like party favors for opening credit card accounts, and Chase is handing them out for bank deposits. And I make sure never to pay any fees or interest, and not to leave enough money in checking or savings to make it profitable for the bank to hold my account.


UPDATE: ZeroHedge and Karl Denninger on why REAL capitalists choose credit unions.

2 comments:

Anonymous said...

a gentle reminder - Purina Credit Union is open from 8:00 to 4:30, M-F. We do open at 8:30 on Wednesday because of the weekly staff meeting every Wednesday. Thank you.

B-Daddy said...

Dang, I haven't had an account with a bank for over 25 years. Not sure how to protest.

QE has permanently ruined bonds for investors

You used to earn an interest rate roughly inline with nominal GDP growth, even slightly better. Since the Fed started manipulating interest...