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re: Would a solid protest be pulling money out of banks?

Posted on 3/19/23 at 7:13 am to
Posted by OceanMan
Member since Mar 2010
20032 posts
Posted on 3/19/23 at 7:13 am to
The only protest that will work is not paying taxes
Posted by Penrod
Member since Jan 2011
39616 posts
Posted on 3/19/23 at 7:42 am to
quote:

I doubt many economists or sane people in general would recommend it, but it would definitely work

It would work to instigate a major world wide depression.

If your view is that we are descending ineluctably into turmoil, then it might make sense to bring on the apocalypse now before our strength deteriorates further.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 3/19/23 at 7:55 am to
quote:

Baited into violence by inserted FBI / Antifa plants


Posted by SouthEasternKaiju
SouthEast... you figure it out
Member since Aug 2021
25339 posts
Posted on 3/19/23 at 7:59 am to
That's the deviousness of the Left. They did all their dirty work behind the scenes, hired devoted meth head Marxists as their stormtroopers to instigate 'change' in the streets and then told their installed bureaucratic operatives to stand down.

And under the guise of civility and fair play, the GOPe simply allowed it to happen, unchecked.
Posted by SouthEasternKaiju
SouthEast... you figure it out
Member since Aug 2021
25339 posts
Posted on 3/19/23 at 7:59 am to
Ray Epps, mother fricker.
Posted by Bass Tiger
Member since Oct 2014
46310 posts
Posted on 3/19/23 at 8:01 am to
Over the past year I've moved a lot of our cash out of the local bank and credit union to a Fidelity money market account paying 4.3% interest.....the local bank was still paying .5% for a savings account just a month or two ago.....credit union money market wasn't paying much more. Fidelity issued me and the wife debit cards.....we'll see how it goes.
Posted by LSUBanker
Gonzales, La
Member since Sep 2003
2552 posts
Posted on 3/19/23 at 8:02 am to
started a thread about 2 to 3 weeks ago on the Money Board suggesting something like this against Chase. It is utterly ridiculous that Chase pays a whopping 0.1% interest on savings account in this present marketplace where Powell has raised interest rates so aggressively in the last 12 months. I understand the concept of Chase doesn't need deposits because of their massive size, but you also can't screw over, in good faith, the average person who's just looking for a one-stop-bank with this level of Jamie Dimon greed. Pathetic bad faith by a publicly traded bank like JPM to be this brazen and apathetic.

Did you call your local chase personal banker? They have options for your money besides a savings.
Posted by Jake88
Member since Apr 2005
68419 posts
Posted on 3/19/23 at 8:17 am to
Why talk about any protests or boycotts by the right when the vast majority of them can't even turn off the NFL?
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