There is a difference between the English Embassy and the British Embassy. One has not been around for 100's of years. Someone tell Obama.
Disappointed in your bank? Move over to a credit union. Here is some free advice from Midknight Review - new and revised.
Financial Protests against Corrupt Banks Help Credit Unions
Talk about a growing national instinct toward greater self-reliance – now these folks have their money in member-controlled, not-for-profit institutions instead of in mega-corporations that nickel and dime depositors at every opportunity. The Credit Union National Association (CUNA) reports that over 40,000 people joined on Bank Transfer Day, bringing $80 million in deposits with them. What's more, credit unions issued nearly $90 million in new loans.
If you plan to transfer your bank account because of bad service, don't like getting hit by fees, or want to teach big-bank cronies a lesson, there are a few things to watch out for so everything goes smoothly...
What Are the Benefits of Joining a Credit Union?
Credit unions offer you a long list of advantages over big commercial banks. Bank Transfer Day wasn't only a move to punish publicly traded banks, it's a clear sign the free market is looking for a better deal, a better service, at a better price.
- Credit unions carry lower maintenance fees and higher interest rates than big national banks.
- The Credit Power Index measures the spread between interest charged to borrowers and interest paid to depositors; the higher the index, the worse for consumers. At the end of July, the index was five and a half points lower for credit unions than for banks, assuring a significant payoff for depositors who make the switch.
- Credit unions are nonprofit. This means that instead of paying out profits to shareholders, the benefits instead flow to their members – the depositors. Publicly traded big banks, which tend to serve hedge funds and pension-fund shareholders. And as the Credit Power Index demonstrates, the banks do so at the expense of the depositor.
- "Credit unions beat banks on deposit rates across the board," confirms Mainstreet.com. The average interest rate on the 12-month certificate of deposit at banks was 0.47% at the end of July. The same product at credit unions offers a 0.73% return – more than 55% higher.
- Over 75% of credit unions offer no-strings-attached free checking. In comparison, only 45% of banks offer the same benefit according to Bankrate.com analyst Greg McBride.
- Deposits at credit unions are insured up to $250,000, just like commercial banks.
- National Credit Union Administration (NCUA) spokesman David Small says many of the nation's credit unions "are in rural areas where there is no other banking option." In other words, credit unions enable communities to be more self-reliant and healthy.
Banks Have Been Losing Customers to Credit Unions
Long before Bank Transfer Day
Believe it or not, nearly one-third of Americans are members of credit unions. With the negative press on banks, the Fed, bank bailouts, bank failures, and excessive, punitive fees charged by big banks, depositors have been steadily moving to credit unions over the past few years. CUNA CEO Bill Cheney says one million members joined credit unions in 2010, and he expects to see that number easily exceeded in 2011.
According to a report in Mainstreet.com, since September 29, 2011, the day that Bank of America announced its $5 per month debit card fee (now rescinded), credit unions nationwide added nearly 20,000 new members each day. The result is approximately 650,000 new credit union members in just a matter of weeks, according to CUNA.
This is a picture of an ornament appearing on the Obama Christmas tree on December of 2009.
to this day. She believed that whoever controlled the media and the masses, controlled the political environment. Go to "Read more . . " to see the video of Dunn making her points.esident, and she was Obama's communications chief for the '08 campaign and his first year in office. She actually announced that Mao was one of her two mentors. She set up the policy of media management that is used by Obama,
A big named investor, well thought of in the New York area, absolutely blasts Obama in OPEN LETTER to the King of Class Warfare.
Requisite thoughts: keep in mind the fact that "haves" and "have nots" are words used by socialist and even, communist social reformers. American reformers talk in terms of the "growing divided between the rich and the poor." They almost never speak of the "haves and the have nots." Know this: the later phrase is used a great deal by the Obamanites among us, and is a far more inclusive rhetorical consideration. I believe that Obama is actually trying to ignite the envy of the "have nots." If that is the case, he is not American reformer, for such language is exclusive to social rebellion. Go to the a socialist site and make note of the language used there. Whether Copperman has this in mind or not, he does note the rhetoric of “haves and have nots” as used by Obama. -- J Smithson, blog editor
First Solyndra and now Fast and Furious: Obama interferes with investigations into these two growing scandals.
The Obama Administration has abruptly sealed court records containing alarming details of how Mexican drug smugglers murdered a U.S. Border patrol agent with a gun connected to a failed federal experiment that allowed firearms to be smuggled into Mexico. (Washington Times)
Currently, Eric Holders and, by proxy, Barack Hussein Obama, are under the gun with regard to the Fast and Furious gun running scandal by our own government.
More than 2,200 guns and rifles were sold into the hands of the Mexican Mafia. Virtually all reports tell us that more than 200 Mexican citizens and two Federal agents have been murdered by criminals using these guns. Jamie Zapata and Brian Terry were the two agents killed with these guns. Since that time, the two buds, Holder and Obama, have refused to be fully transparent in the matter, claims otherwise, not withstanding.
Until today, some could have argued for the willingness of the Administration to cooperate with the current investigation coming from the House sub-committee in charge of such things.
But, no more. The Washington Times, a well know Washington DC based newspaper, is reporting the sudden decision, on the part of the Obama Administration, to close all records having to do with this matter, effectively sequestering the public and the media from review of information and documents involved.
Can you imagine not having elected officials looking out for the folks? Obama and his henchmen are running wild, in the halls of Congress. We are hoping Darryl Issa, the man in charge of this investigation, will get to the bottom of this matter.
Understand that Obama has done two things to interfere with this investigation. Two weeks ago, White House documents related to the Solyndra scandal were subpoenaed by Darrel Issa’s investigative committee. Obama simply said “no” to this legal demand. Instead of telling the committee that Obama was going to stand on “executive privilege,” Obama simply told the committee that he did not like the way the demand was written and he was going to ignore it, for that reason.
Now, he is trying to seal the books on Fast and Furious in a blatant disregard for his promise of transparency. The man is a crook. You’re going to vote for a crook?
Midknight Review, ahead of the reporting curve, tells us that 260,000 private sector jobs were created last week
Why the United States will survive -- that is if the Founding Fathers have anything to do with our continuing history.
Presidential Approval Index