$50 Million and Counting ...
$50 million dollars.
In just the first week of the Move Our Money campaign, that’s how much money has been moved out of big banks by hundreds of people like you and community and faith organizations from coast to coast.
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Small Business Owner Dave Meinert: Why I Joined Move Our Money
Dave Meinert has owned small businesses in Seattle since the 1990s. In this brief interview, he shares why he's moving his money.
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LA Clergy Divest $2 million and 200 Years of Business from Bank of America
Pastor Ryan Bell tells the crowd why the Hollywood Adventist Church is divesting from Bank of America
Yesterday, LA Voice, the coalition of clergy leaders representing 30,000 people from churches, synagogues, and mosques in California pledged to move $2 million and end a collective 200 years of business with Bank of America and Wells Fargo. LA Voice takes regular action for economic and social justice as part of the PICO National Network and The New Bottom Line. Joining LA Voice for the action was Van Jones, co-founder and president of Rebuild the Dream.
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Bank of America: Only the First Step
Bank of America announced today that it is scrapping plans to charge customers a $5 dollar fee to use their own debit cards. This is a significant backpedal for the nation’s biggest bank, whose CEO Brian Moynihan, just last week said that he was “incensed” by criticism of the nation’s biggest bank.
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Move Our Money: An Old Song, New Again
Our friends at Care2 found this great old Pete Seeger tune from the 50s that speaks directly to the moment we're in. Check out this great video with lyrics below.
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Students: It's Our Money. Let's Take It Back!
Originally Published at The Huffington Post
Last Friday, I attended an Occupy St. Louis march that included a protest outside of the Bank of America's St. Louis headquarters. Participants included people of different ages, races, socioeconomic backgrounds, and political beliefs. There were students, veterans, union members, toddlers, adults who reminded me of my parents, members of the St. Louis LGBTI community, and countless others. The ever-increasing diversity of the #occupy movement is clear. Now, we must work to harness that diversity in ways that strengthen, rather than fracture, the movement. We must recognize that different people are uniquely poised to affect change in different -- and powerful -- ways.
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Video Tutorial: How to Change Banks
Our friends at Consumers Union put together this great video detailing steps to make it easier to move your money.
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It's Time to Move Our Money
Big banks are only as powerful as the money we give them. That’s why The New Bottom Line, in partnership with The Other 98%, is launching Move Our Money – a campaign to move $1 billion dollars out of big banks and back into our communities.
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