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If big banks are so evil...

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May 21, 2012 – Comments (12) | RELATED TICKERS: BAC , JPM , C

Then keep your cash under a mattress.

Find a black market to buy equities.

Don't make any electronic purchases.

Don't earn rewards on your credit cards.

Don't get a line of credit to expand your business.

Don't get a mortgage.

Don't get an auto loan.

Then you can really stick it to them

12 Comments – Post Your Own

#1) On May 21, 2012 at 3:41 PM, L0RDZ (82.40) wrote:

It doesn't matter,  they the evil big banks would still make money  ~  they'll  continue to ponzi scheme with the gov-ment,  taking  money  stolen from  savers and tax payers ~ with them getting money for nothing and than having them borrow the said same money created out of thin air  back to the gov-ment for  a few interest points ~  leverage over and over and ta da...

you get the same  crap...  I might as well as simply burn the money as it's worthless other than the cocaine residue from  people ( perhaps these same coca cola loving bankers)  who use them as straws.

LOL.

the rules on money now makes anyone who would like to use money instead of  plastic  subject to forfeiture and seizure.

Don't believe me  go and get your money analyzed or look it up.

or just believe what-ever allows you to make it thru the day.

:)

 

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#2) On May 21, 2012 at 3:48 PM, Valyooo (99.43) wrote:

 I might as well as simply burn the money as it's worthless other than the cocaine residue from  people

if you feel that way, then please send me all of your money

Also the banks dont take the publics money.  The government steals it, and then gives it to them.

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#3) On May 22, 2012 at 7:40 AM, devoish (98.36) wrote:

If I think the "big banks" are evil, could I just use a smaller bank or credit union instead?

Best wishes,

Steven 

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#4) On May 22, 2012 at 9:19 AM, Turfscape (40.57) wrote:

Banks can be evil and necessary. Those two things aren't mutually exclusive. It's a bit ridiculous to say "if you think banks are bad, then stop finding any benefit from them". There are other ways for people to protest actions with which they disagree.

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#5) On May 22, 2012 at 9:28 AM, Valyooo (99.43) wrote:

Why would you help something you see as evil make a profit?  I fail to see what is so evil.

You can use a smaller bank, but they don't have credit cards or commercial lending, and they often do business with bigger banks.

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#6) On May 22, 2012 at 10:38 AM, edwjm (99.87) wrote:

Valyooo:

I find you list of "Don't" suggestions most amusing.

That is exactly how I lived for the first ½ of my life!!

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#7) On May 22, 2012 at 10:57 AM, Valyooo (99.43) wrote:

Hey man, nothing wrong with living like that at all, more power to you.

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#8) On May 22, 2012 at 1:46 PM, rfaramir (29.34) wrote:

"Then keep your cash under a mattress."

This just hurts yourself. The cash will be devalued by the banking system while under your mattress.

Now if you were to put gold or silver under that mattress, that would be a good and anti-bank thing to do.

 

"Find a black market to buy equities."

I don't understand this one. If a friend starts a business and offers me stock if I help him get started, how is this illegal or involve a big bank? If I go to IBM's DRIP program and buy stock directly from them, is that illegal or involve a big bank?

In short, I don't see the necessary connection between big banks and a legal monopoly on purchasing equities.

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#9) On May 22, 2012 at 2:01 PM, leohaas (31.67) wrote:

Join a Credit Union!

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#10) On May 22, 2012 at 2:08 PM, Valyooo (99.43) wrote:

This just hurts yourself. The cash will be devalued by the banking system while under your mattress.

Now if you were to put gold or silver under that mattress, that would be a good and anti-bank thing to do.

Bad move for money you need liquid.  If you need to buy food, pay rent, etc,  you can't do that with precious metals.

I don't understand this one. If a friend starts a business and offers me stock if I help him get started, how is this illegal or involve a big bank? If I go to IBM's DRIP program and buy stock directly from them, is that illegal or involve a big bank?

Most big broker-dealers are banks, I was not referring to exempt transactions.

 

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#11) On May 24, 2012 at 12:38 PM, rfaramir (29.34) wrote:

Me: Now if you were to put gold or silver under that mattress, that would be a good and anti-bank thing to do.


Valyooo: Bad move for money you need liquid.  If you need to buy food, pay rent, etc,  you can't do that with precious metals.

But do people who have money under their mattress use it to pay their rent or buy food? I don't think so. I think it is a fear response. A proper fear response is to hang onto things that cannot be devalued at a central banker's whim. This isn't just gold alone, but that is one obvious such thing.

 

Valyooo: Most big broker-dealers are banks, I was not referring to exempt transactions.


"Most" dealers being banks doesn't imply the necessity of a black market to deal in equities, though, does it? "All" would, of course.

BTW, *is* there a black market in equities? Just interested in a theoretical way, mind you... ;-)

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#12) On May 25, 2012 at 12:40 PM, Valyooo (99.43) wrote:

I'm not sure, but it would be interesting if there was.

 Yes, personally I would rather hold PM's than cash in my house..dollars are in constant decline, but less volatile than silver and gold, which are denominated in dollars at the end of the day.

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