Re: The Necessity of Resisting Financial Tyranny

> Stupid.
> 
> Not like the local banks and credit unions do not unvest your money in the
> same places you want to remove it from....

But they are not too big to fail and being backstopped by the taxpayer, at least not as much.

> And what online firms is he suggesting?  Is he going to be responsible for
> millions of money lost to phony online orgs?

Your money is at risk no matter where you keep it.  Even in your mattress.

> Now, lower our debt makes some levels of sense, but that takes time.

I've been doing what he's suggesting for a couple of years now.  I actually don't use banks, except for transactional needs (paying bills).  I keep very low balances and pay cash for everything.
I have a net30 rule for myself with any form of credit.  It is amazing how much you save when you aren't paying the tax of interest!

regards,
-Lance
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