'Use Cash Movement' to Ignite a Monetary Revolt

[Joanne98]

For OpEdNews: Chaz Valenza - Writer

You're about to start a banking revolution. Yes, you! Not Chase, not Wells Fargo, not Citibank, not even Bank of America or the Fed can or will do what you're going to do.

The government? What a laugh. Big Banking already bought and paid for them.

You are about to use the power of the marketplace to change banking in America, for the better, for you.


They got the big bail-out. They got the fix in on the Ponzi scheme that was collateralized debt obligations (CDOs) and credit default swaps (CDSs) to the tune of a cool trillion dollars. Now you are going to take that money back. Legally. A little at a time.

The banks are currently so greedy they are increasing the interest rates on existing credit card debt and snaring customers into usury fee and penalty traps as a quick way to hefty profits. They're allowed to do this, it's perfectly legal. The reason it's legal is you and I use their services.



It's just a subsitute for cash

The one service we tend to use the most, usually without a thought as to the consequences, the one Big Banking makes billions of dollars on, is also the one you can do without: credit and debit cards. How did we forget that plastic is just a substitute for good ‘ol cash. (Oh, maybe the billions of dollars Big Banking spends to convince us plastic is better than cash? Is it? Where do they get all that money for all that expensive advertising?)


Think about it, with a little effort, using cash instead of cards is an easy, cost free way to save money and hurt the banks.

You may not be able to pay off all your credit cards today, but you can stop using them, if not completely, less. And, every time you don't use their cash substitute cards is a victory. Each is a small but significant act of subversion the will help end Big Banking tyranny.

Feel good about handling cash again. It's going to be the next big thing.


It's all about the Benjamins


Big Banking needs billions of transactions on plastic to be profitable. Those profits allow them to buy the lobbyist that buy the government that buys the laws, rules and regulations that have let them steal all that money from us. How about we put an end to that?

Here's their current take:

You use plastic for a $100 purchase: $3.50 from the merchant

You use plastic to buy a $3.50 latte and overdraw your account: $35 fee

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http://www.opednews.com/articles/-Use-Cash-Movement-to-Ign-by-Chaz-Valenza-091129-129.html

[kerrywins]

1. Not Cash, Use Gold/Silver

The government is constantly counterfeiting our "cash" (federal note), they cannot counterfeit gold/silver though. Gold/Silver will always maintain its value (in terms of how many goods you can purchase for an ounce of gold/silver).

[Taverner]

3. When the whole econopmy collapses gold will be worthless too...

[DJ13]

2. Cash isnt much of an option after 30 years of depressed wages

Which of course was the plan all along .....to keep people enslaved to the banks because their pay no longer keeps pace with inflation.

[demodonkey]

4. Feel good about getting hit over the head and getting relieved of your cash....

...it's the next big thing too.

Debit cards with reasonable fees and protections so you don't get wiped out in case of loss or theft would be safest and best IMO.

Oh, and support your locally-owned community bank or credit union.

[dixiegrrrrl]

5. I have been arguing for that for years.

In our tiny town, most merchants will not take cards. They lose too much money paying the fees to the big banks.
Interestingly, they will take checks, and once they know you there is never an ID issue.
and most local contractors will take a "cash price" for services ( about 10% discount).
I wonder what would happen if the sheeple stopped participating in their own shearing....