A national movement to take action on big banks took place on November 5, 2011. Americans were encouraged to “move their money,” from big banks like Bank of America, Citigroup and Chase to smaller, locally owned banks and credit unions. Black America in particular was urged to make the switch. Subprime lending, foreclosures, and plummeting home values have devastated Black wealth. The racial wealth gap is now bigger than it has ever been since the Census Bureau started measuring it in 1984. According to a recent study, between 2005 and 2009 median wealth fell by 53% for Black households and 66% for Latino households, while falling only 16% for White households. To date 33, 810 people have pledged to close their accounts with Bank of America, 4,653 with Citigroup, 18,285 with Chase and 26,058 with other large institutions. With the buying power of the Black community reaching 1.1 trillion this year, Black people can wield tangible power and affect significant change with where they choose to put their money.
All I see is links to show me local banks.
I think the idea of creating REAL Black Money is good and is possible. There are precedents in Switzerland and we have to accept the possibility of having several currencies functioning parallel the Fraudulent current dollar.
Lincoln created Interest-Free the GREENBACK and it was colored different to the money at the time. They killed him and that was the end of the Interest-Free money.
regretted a day since. The 99% dollar is powerful. Get it out of the
greedy, cheating banks.