November 5th has been designated Bank Transfer Day in which concerned citizens are supposed to switch from a big corporate bank to a local credit union. It is considered to be a backlash against bad business practices, i.e. debit card fees. The initiative was organized by Arianna Huffington and other grass roots organizations that have since taken up the cause.
American media outlets are reporting that money in the billions have already been transferred. Credit Unions are reporting lineups. CBC has crunched the numbers to 4.5 billion dollars in the last month, let alone today.
That’s one heckuva statement.
Canadians and the British are getting in on the action too. Except for me.
I have no money to move. Heck, I had to borrow money just to go out last night. If I had money to move I’d move it to the wine store for a fine bottle of Cote Du Rhone or perhaps some meat pies from The Beer Bros. I’d move it over to see The Rum Diaries. That would show those big city banks.