United States Senator Bernie Sanders - BOYCOTT BIG BANKS NOW!

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United States Senator Bernie Sanders - BOYCOTT BIG BANKS NOW!

Post by  on Tue Oct 18, 2011 1:32 am

United States Senator Bernie Sanders, Independent from Vermont urges all Americans to Boycott the big banks and put your money immediately in the local banks and credit unions. We cannot have a run and a crash, so you must deposit it in a sustainable bank right away to keep the money flowing, but into America - not China and other countries. Remember how Mr. Potter had all the people living like slaves while the Bailey Savings and Loan invested in the local community and people? The time to act is NOW! BOYCOTT Bank of America, Citi, Chase, JP Morgan, PNC and run with your hard earned money to your local credit union where it will be safe and used to bolster your local economy. DO IT NOW! (Article below videos)



Bernie Sanders calls for bank boycott

By Jonathan Easley - 10/17/11 10:13 AM ET

Sen. Bernie Sanders (I-Vt.) doubled down on his anti-Wall Street rhetoric over the weekend, encouraging protesters to withdraw money from the major banks and calling the financial industry “the most powerful, dangerous and secretive” institution in the United States.

“People might want to think about going to your local community bank and withdrawing funds from these large institutions,” Sanders said in tweet on Sunday.

The Vermont senator has been a vocal supporter of the ongoing Occupy Wall Street protests, but these latest comments were his sharpest to date. In a string of tweets leading up to his call for a run on the banks, Sanders offered ideas he says would “change the system to work for all Americans, not just the top one-percent,” including a Wall Street speculation fee and a cap on credit card interest rates.

Sanders continued criticizing the financial industry on Monday, both in an editorial at Roll Call and to a newspaper in his home state.

"I think the protesters deserve a whole lot of credit in focusing attention on Wall Street, which in my view, is the most powerful, dangerous, secretive major institution in the United States of America. And the more we learn about Wall Street, the more we learn about their reckless and illegal behavior, the better off we will be," Sanders told the Vermont Reformeron Monday.

"There is a lot to be said about people coming together at the grassroots level at this time. A lot of people are hurting, we are in the worst recession since the 1930s and this was caused by the greed and recklessness of Wall Street. And what the protesters are doing every day is reminding us of that reality," he added. 

Monday marks the one-month anniversary for the Occupy Wall Street protests, which have spread to cities all over the world and led to more than 800 arrests in the United States.

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