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A Simple Plan to Screw Big Banking. Use Cash.

By   Follow Me on Twitter     Message Chaz Valenza       (Page 2 of 2 pages) Become a premium member to see this article and all articles as one long page.     Permalink

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opednews.com Headlined to H2 11/28/09

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How low-tech is this? How unstoppable? How inconvenient? Yes. But worth it!

Put it on bumper stickers. Make it your email signature. Pass the word in whispers to everyone who works for a living. Write it in magic marker on T-shirts. Design a flag and boldly embroider. Print up window signs. Post it on every blog you visit. Tweet it from the highest mountain. Two simple words: Use Cash.

Will they fight back? Of course they will. They will end Absolutely Free* Checking that is costing us all billions. They may lower their rates and switch up the penalty fee structure. They might even lobby for the end of printed dollars. That's how we'll know it's working!

Here's the future and the future is now. Personal loans? Small business lines of credit? Only to those who don't need them or at a killer rates of interest.

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Use Cash.

Every cash transaction snatches a dime, a dollar, thirty-five dollars, a hundred dollars or more out of the greedy, blood soaked hands of Big Banking. Each transaction denied is a cut. Together it's death by a billion cuts daily.

5% Discount for Cash.

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You'll be shooting at Big Plastic's feet. Smile as you watch 'em dance. They have us hooked on plastic. They claim it's faster, quicker, better. People spend more. Yes, they do. Until the abusive fees take your customers' last penny of discretionary cash and they're broke.

Debit or Credit, plastic is really just one thing: a cash substitute provided by a commission taking broker who charges you a fee at every cash register. They intend to milk it for all it's worth. Cut up your cards, today, right now.

And here's the beauty part: We don't need no stinking badges to fight back. Just: Use Cash. Wow! I'm starting to agree: The Market Rules!

Don't worry about freeing up credit or ending the banking abuse, etc. This is action you can take right now, and again and again, day after day after day.

Sure, there are bigger fish to fry: End the Fed, local currency, non-profit banking, total monetary reform, but this is something we can do right now.

It's easy, fast, effective: Don't give Big Banking any small change.

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Yes we can nickel and dime the banks to death! Spread the word: Use Cash.

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Chaz Valenza is writer and small business owner in New Jersey. He earned his MBA from New York University's Stern School of Business. His current feature film project is "Single Point Failure" an insider's account of how the Reagan Administration (more...)

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