Hey All, I’ve Got a Neat Idea that May Be Effective as a Prague Solidarity Action, or Even a Separate Call to Action Itself:

SEPTEMBER 26, 2000/TBA: "LIQUIDATE/CLOSE ALL YOUR BANK ACCOUNTS!"


While I was thinking about the DC & Prague World Bank/IMF Protests, I began to wonder why I needed a Bank Account at all in my life. Naturally, Checking accounts are convenient ways to pay something; Savings accounts (supposedly) provide interest while you safely have your money locked away-—but are there larger hidden evils underneath our desire for Convenience?

IF SOMEONE IS KNOWLEDGEABLE ON THESE SUBJECTS, PLEASE CORRECT MY ESTIMATIONS

1) Banks are businesses, and exist to make Profits—pure & simple! Their Capitalist philosophy has led to groups like Citibank, which has a terrible track-record regarding

economic/social/environmental violations

2) SuperBanks’ funds (probably some more than others) are supported & therefore cater to the rich. Just like the Stock Market, the wealthiest 1% owns 51%, next 9% owns 37%, then remaining 90% divvies up the 12% amongst ourselves

3) Banks have no conscience/accountability for financing destructive projects, a la World Bank

Please, if someone has more facts either way, please respond & inform me why, if at all, we need banks to begin with! If my hunch is correct, I’d love to suggest this call of Action to Major Organizations for activists to rally around, and be a social step toward dismantling our capitalist system (imagine the joy of watching the Stock Report that Day & seeing investors panic their little butts off)