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Lonnie Hicks

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Books by Lonnie Hicks
Finance: The Big Banks-What Are The Alternatives?
By Lonnie Hicks
Posted: Saturday, October 29, 2011
Last edited: Monday, July 08, 2013
This short story is rated "G" by the Author.
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           >> View all 433
The American Public is fed up and looking for alternatives to big banks. Below are a few ideas being put forward.

If we are fed up with the big banks what are the alternatives?

Surprizingly there is a lot of material on this topic with many different alternatives being put forward.

Below are several links which explore ideas in this area.

But first know that Nov 5th has been designated "Bank Transfer Day" where the Occupy Wall Street folks and other Americans plan to march to the local giant predatory bank and withdrawn their funds.

But where to put those funds once their have been withdrawn?


But first see the links below:

on the "Bank Transfer Day."

on how to close out your bank account -a guide.

on the various kinds of non-profit banks and calls for state and community banks-even to break up the big banks.

on new ways to finance local communities and local merchants-not allowing Wall Street to finance Walmarts of the world who come in and drive local merchants out of business.

Finally there is a link to a radio show which documents the deliberate plan to destroy this country financially, by a former Bush Administration official.

Then tommorow we go over the detail and I make suggestions.

Here are those links:

The Credit Unions prepare for all the new customers on Bank Transfer Day
  http://www.cutimes.com/2011/10/28/bank-transfer-day-community-banks-cus-gear-up
A Nation-wide Movement to Install Local, State and Community banks:
http://www.yesmagazine.org/people-power/occupy-the-banks-strategies-for-transformation

How to Close Out Your Account at the Big Predatory Bank:
http://www.yesmagazine.org/new-economy/a-field-guide-to-closing-your-bank-account

New Ways to Finance a Come-back for Local Communities:
http://www.yesmagazine.org/issues/the-new-economy/new-economy-new-ways-to-do-finance

Interview with Former Bush Administration Official Who Tells All
http://www.kpfa.org/archive/id/74534

 7/8/13

 How the big banks are moving to kill credit union competiton.

http://www.truth-out.org/buzzflash/commentary/item/18073-monopolistic-too-big-to-fail-banks-try-to-crush-credit-unions-as-competition-by-removing-tax-exemption


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Reviewed by Patrick Granfors
I'm about ready to put my money in a mattress. Patrick

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