Stories from Move Your Money day. Did you divorce YOUR abusive bank today?

Bank transfer day november 5

It’s Bank Transfer Day or Move Your Money Day, and all across America, people are reporting on the change they are making in their own lives as they drop their failed bank and switch to a local credit union. Apparently Bill O’Reilly, on FOX last night, claimed nobody was going to do this. Then he said Geraldo [...]

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What can the US afford after the Great Recession? Annie Leonard has some answers in The Story of Broke.

The story of broke - why we can still afford a green economy and need it more than ever

Are we broke? Can we really not afford a clean environment, green jobs, and clean energy?
The truth is, we can’t afford NOT to do those things.
The folks who brought us The Story of Stuff, a cute animated film that asked whether we’re spending too much on random crap rather than leading meaningful lives, now revisits the concept, post-Great Recession: How do we make meaningful lives now that we can’t spend too much on random crap anymore?

Obama admin rejects GOP fishing expedition on Solyndra

Solyndra

Yesterday, the House Energy and Commerce Committee sent President Obama a subpoena – for every Executive Branch document having anything to do with Solyndra, from the beginning of the administration to the present. Today, the White House Council’s Office rejected that subpoena, calling it a “vast fishing expedition” and a “significant intrusion on Executive Branch [...]

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Why we Occupy: Robert Reich explains the link between inequality and the lousy economy

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Why is Occupy Wall Street focusing on inequality and the massive disconnect between the incomes of the uber-rich and, well, everyone else? As Robert Reich explains, it’s very simple – until we fix that problem, we’re not going to be able to fix the economy: The biggest question in America these days is how to [...]

This is bad: Fracking causes earthquakes.

By Briana Mordick Natural Resources Defense Council In a report commissioned by United Kingdom-based Cuadrilla Resources, researchers concluded that a series of earthquakes in Lancashire, UK were likely caused by hydraulic fracturing. Two relatively large earthquakes, with magnitudes 2.3 and 1.5, and 48 smaller events occurred in the hours after several stages of the Preese Hall 1 well [...]

Bye bye, banks: 650,000 switched to credit unions last month!

bank transfer day coming November 5

November 5 has been designated Bank Transfer Day or Move Your Money day, the day to send the message to the too-big-to-fail Wall Street banks that they have failed us. But it looks like the tsunami has already begun. The Credit Union National Association (CUNA) says that some 650,000 people have opened credit unions in [...]

Police breaking their own rules in declaring unlawful assembly against Occupy Oakland

oakland_scott_olson

Last Tuesday, the Oakland Police declared Occupy Oakland to be an unlawful assembly. After that, they moved in with tear gas, concussion grenades (aka flashbangs), and rubber bullets. There were arrests and injuries, including Marine veteran Scott Olson, who ended up in hospital with a concussion. There’s just one problem: They violated their own rules. [...]

OWS: How bad was mortgage fraud, and why does the GOP want to encourage more?

by Been There 1963 (crossposted from DailyKos) Today GOP Congressman Scott Garrett is holding hearings to tout his “mortgage finance reform,” which is designed to make it easier for fraudsters to evade legal accountability. Rep. Scott Garrett of New Jersey seeks to gut many of the investor protections of the Securities Act of 1933, at least [...]

“He has a right to speak”, said the cop to the banker

Bank transfer day november 5

By Marvin Borg Want to protest the banks? This is the way to do it right, get your point across, and not end up in jail for your trouble. Like most bullies, the banks are cowards. They talk a big game, but if confronted with their crimes, they run for cover and go whining to [...]

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Black bloc radicals tried to derail Occupy Oakland’s General Strike

oakland_1103_broken_glass

The 99 percent were out in force yesterday in Oakland. As many as 10,000 marchers protested income inequality and the big banks that crashed the global economy (and today are more profitable than ever). Schools and businesses closed in sympathy and solidarity, and the march even shut down the Port of Oakland, one of the [...]

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