The financial conglomerates, despite receiving trillions of dollars of taxpayer money have not changed their ways. In fact very little has changed. The toxic assets that caused this economic crisis are still on the books of many financial conglomerates. The amount of money we spent bailing out the financial sector - estimated $12 trillion is more than enough to pay for much needed health care reform in the U.S. But no, Washington is too scared and unwilling to take on the financial conglomerates so we may end up wasting billions of dollars on the bailouts. It is time WE make a statement and we can do that by joining a credit union.
Credit unions provide many of the banking services that larger banks do at a LOWER COST and better service. They can do this because credit unions are NOT FOR PROFIT entities. They operate to provide services to their members - the depositors.
Credit unions are a much better value than larger banks - check it out for yourself - compare the various bank fees and loan rates.
Here is a link to a directory of local credit unions: LINK
But make sure you shop and compare because not all credit unions are a like - some are managed much better than others. Ask questions of customer service representatives at local credit unions to find out more about it.
economy financial+crisis budget+deficit obama unemployment jobs credit+cards social+security debt personal+finance capitalism deficit bailout mortgage economic+crisis wall+street+bailout new+economy mortgage+crisis job+guarantee retirement+savings deficit+hawks economic+stimulus cooperatives credit+unions financial+regulatory+reform income+inequality health+care+reform financial+oligarchy 401k gdp federal+debt financial+conglomerates tarp new+normal money worker+cooperatives scams fiat+currency debt+management globalization savings consumer+protection stimulus neoliberal unemployment+rate tax+cuts wall+street middle+class investing consumer+debt investments china economic+growth wages federal+reserve stocks government+spending negative+equity risk foreclosure budget financial+planning credit+card+debt debt+settlement federal+deficit democrats republicans financial+bailout fiscal+policy evil pete+peterson health+care financial+literacy jobs+crisis foreclosures move+your+money full+employment modern+monetary+theory stock+market neo-liberal checking economic+policy u.s.+treasuries bonds economic+mobility job+growth bank+of+america foreclosure+fraud taxes consumer+spending cfpa ira inflation class+war jobs+report federal+budget de-regulation financial+crisis+inquiry+commission deficit+commission debt+servitude krugman free+trade solidarity wisconsin income+tax refinancing debt+collection loan+modifications trickle+down+economics financial+stability+plan poverty retirement working+class currency economics #finreg tbtf monthly+budget wills estate+planning consumer+credit auto+industry president+obama gold+standard debt+ceiling center+for+responsible+lending mutual+funds innocent+fraud aig life+insurance personal+income trade+deficit market+fundamentalism consumer+financial+protection+agency cash+flow banking identity+theft fraud compound+interest too+big+to+fail predatory fdic state+of+the+union u.s.+treasury+securities net+worth class+warfare bankruptcy derivatives goldman+sachs mortgages debt+consolidation eu great+recession gold keynes refinance fico+scores debt+crisis credit+scores real+estate mortgage+foreclosure financial+regulation banking+system target+date+mutual+funds argentina fierce subprime bad+bank bullshit phone+scams financial+regulations national+debt free+markets united+states now savings+plan alan+greenspan deficit+errorists payroll+tax+holiday time+value+of+money cost+of+unemployment ponzi+schemes swipe+fees savings+bonds shadow+banking+system fica+tax madison paulson future+value pensions fed+audit debit+cards credit+markets fair+debt+collection+practices+act tax+code #wallstreetscam great+divergence warren+buffett treasury+department present+value tax+deal cooperative+economy predatory+home+lenders cash cdo walker ppip job+loss 20-year+mortgage obama+tax+deal short+sales liquidity u.s.+debt poverty+rates conservatives home+buying economic+purgatory long+term+unemployment vicious+cycle cash+management treasury+securities detroit+schools home+closing banks deficit+hawk american+capitalism bartering emergency+savings efca debt+hysteria recession austerity online+scams income+taxes investment inequality community+gardens economic community+banks debt+to+gdp happy+year finreg hyman+minsky american+dream email beige+book mortgage+modifications yuan risk-return investment+advice estate investment+yields dot+com+bubble leading+economic+indicators malicious+software deflation corporate+bailouts federal business+roundtable cooperation returns housing+bubble chris+dodd lei deferred+annuities bailouts economic+policies balancing+checkbook alternatives disability+income+insurance scam fiscal+sustainability home+mortgage fixed+rate+annuity lobbyists debt+is+evil balance+check+book credit+report teach-in currency+manipulation bill+gross insurance variable+rate+annuity corporate+tax+breaks credit+card+law deficit+spending tina general+motors economic+indicators budgeting financialization warren+mosler washington+consensus foreclosure+rescue+services gross+domestic+product race+to+bottom big+banks marx june+jobs+report open+auction lost+decade financial+genocide republican+budget emergency new+capitalist+manifesto bank+fees credit+card minsky tips geithner commercial+real+estate direct+jobs+program civil+disobedience human+capital direct+deposit reaganomics overdraft cfpb galbraith social+security+cards personal+consumption treasuries protests balance etf economic+justice barack+obama worker+ownership wall+street+bailouts exports household+debt fallacy+of+composition gas+prices obama+administration destruction citizens+united outlays unemployment+benefits imports card+act fallacies securities+laws save public+option living+standard unions july+2011 laid+off citigroup financial+sector foreclosure+gate auto+loans emergency+funds deductibles strategic+defaults keynesian wiped+out productivity+ralph+nader money+market+accounts unemployment+insurance fox+news+channel human+capitalism savings+tip financial+reform arra free+credit+report money+market+mutual+funds afl-cio fox move+money predatory+lending credit+rating+agencies credit+reports fallacy uaw employment principal+reduction roger+ailes close+banking+accounts countervailing+powers refund+anticipation+loans jobs+data moody's revolution tax+reform denmark propaganda banking+services john+k.+galbraith tax+refund debt+forgiveness lehman+brothers cornel+west exuberance disposable+income national+infrastructure+bank corporate+welfare u.s money+manager+capitalism birth+certificate monetary+policy option+arm mortgage+loan+modifications subprime+mortgages corporate+profits interest+rates greece quantitative+easing political+system fundamentals living+wage output+gap success consumption ltcm universal+health+care income+distribution household john+mccain minimum+wage new+democrat+coalition two+americas frontline senate+democrats eurozone debt+commission haymarket american+recovery+and+reinvestment+act oligarchy two+economies income regulations ben+bernanke california+budget catfood employee+ownership existing+home+sales jobless+recovery carried+interest john+edwards mark+to+market budgets payroll+tax euro chicago+idea paladino robert+reich gmac life+settlements tax+holiday ireland mlk fannie+mae housing+market cowards slavery dollar sector+balances
