Community Banks: It’s A Wonderful Life Had It Right All Along
In the movie "It’s A Wonderful Life", the character George Bailey fights to keep his community bank from being bought out and overtaken by Mr. Potter’s big bank. Unlike Bailey’s small community bank, which is involved with and cares about the community, Mr. Potter’s bank would overcharge the people of Bedford Falls on mortgage interest and foreclose on their properties. Potter would turn Bedford Falls into a slum if it meant making more money for him and his cronies.
Does this plot sound so far-fetched nowadays? Recent activities by big banks like Bank of America, CitiGroup, and Merryl Lynch have brought the fictional story behind "It’s A Wonderful Life" to reality. Banks are foreclosing on properties, taking hard-earned taxpayer money and using it to fund their own bonuses (and spa trips!), and using government bailouts (funded by taxpayers!) as a way to hike mortgage rates and make even more money for themselves.
Luckily, there is a way that you and I can put a stop to this outrage. By moving your money away from big banks and into smaller, community banks, you stop corrupt institutions in their tracks. Without your cash, big banks can’t pay lobbyists to go to Washington and lobby Congress for additional tax breaks and bail-outs. Those lobbyists also cannot petition Congress to be more lax in its regulations on big banks.
Community banks are generally more conservative with how they handle your money. They are not likely to take risks like Bank of America and other larger banking institutions. Because these banks are involved in the community, they are more responsible, and also more aware, of ongoing community concerns and issues.
For more information on what it means to put your money into a comunity bank, and also how to find a reputable community bank, watch this video below:
If you are unable to watch this video, please visit http://moveyourmoney.info/ for more information on how you can stop big bank corruption.
Special thanks go out to Carl Herman for first alerting me about this site via his Examiner article: Declare independence from gambling Wall Street banksters: Move your money and demand full reform.



