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Posts Tagged ‘too-big-to-fail’

Dude, where’s my bank?

Saturday, January 2nd, 2010 by Chris Barclay

2010 is the year I move my money. I’ve been too complacent for too long, and have been allowing those institutions who, while benefiting from huge taxpayer bailouts, to use that money to enrich themselves while drastically reducing local lending and fighting legislation that would regulate the reckless investment practices that got us into this mess. There’s no good reason to let this go on. In addition to advocating for shifting our money into sound community banks, I’m going to follow on with a post on the 5 Flags concept as a strategic way of diversifying risk while legally avoiding taxes, and another post on profiting from helping the little guy through peer lending. Personal freedom is about mobility and empowering choices, so here’s how I financially walk the talk. (more…)

 
 
 
 
 
 
 
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