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We’ve Had Enough! Big Bank Divestment Pledge

October 11, 2011 2:48 am by: Category: Economic Justice A+ / A-

In the last decade, the big banks have taken too much and given back too little in return.  Through their lobbyists and huge campaign donations, they want even more power to take unfair advantage of their customers and communities.

We have had enough.  We can vote with our feet on this one!

We will divest ourselves of these big banks by withdrawing our money and moving it to local banks and credit unions that still care about their customers and the communities where they operate.

We are inspired by the Occupy Wall Street movement and will be organizing divestment actions all over Virginia. Sign the pledge today and we will be back in touch about how to divest along with other members of your community.

We agree to divest from America's mega-banks: Wells Fargo, Bank of America, and J.P. Morgan Chase. We will move our money to local banks and credit unions that care more about their customers and the communities where they operate.

The mega-banks have been guilty of the following actions and we demand changes before we return with our business:

–They made billions in bad home mortgage loans between 2004 and 2008.

–In 2008, this house of cards collapsed, sending our economy and financial system into chaos.

–We, as taxpayers, bailed them out of the crisis they created.

–But they certainly did not return the favor. Instead, these banks foreclosed on our homes, sometimes even taking houses they could not prove were theirs to take.

–While all this was happening, they bankrolled the Payday Loan and Car Title industries that use usury to suck the blood from our communities.

–And last but not least, they buy our politicians and pass laws that make it harder to declare bankruptcy, that allow them to increase interest rates we pay, and that assault us with layer upon layer of bank fees.

For all this, we divest. No more of our business for you!

 

 
 

 
 
 
 
 
 
 

 
 
 
We’ve Had Enough! Big Bank Divestment Pledge Reviewed by on . In the last decade, the big banks have taken too much and given back too little in return.  Through their lobbyists and huge campaign donations, they want In the last decade, the big banks have taken too much and given back too little in return.  Through their lobbyists and huge campaign donations, they want Rating:
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