Are You Mad Enough To Not Take It Anymore?
By Consumers Union on Thursday, January 7th, 2010
There’s been a lot of buzz about the Move Your Money initiative, spearheaded by Arianna Huffington and Rob Johnson, to move your deposits to local, community banks.
Their argument is this:
“Too-big-to-fail banks are profiting from bailout dollars and government guarantees, and growing bigger.”
…which is exactly the reason why we believe in the need for the Consumer Financial Protection Agency, to be the watchdog for all of us no matter where we decide to put our money, use our money or how we spend our money.
In fact our friends at AFFIL have a petition you should please check out and sign. Click here to sign the petition.