Patrick Henry asked during the Constitutional Convention debates, "Whither is the spirit of America gone? Whither is the genius of America fled? It was but yesterday, when our enemies marched in triumph through our country. Yet the people of this country could not be appalled by their pompous armaments: they stopped their carer, and victoriously captured them."
It appears we may have found that American spirit. Anonymous, a force behind the Occupy Wall Street protests, is calling on people to move their money from banks, to their local non-profit credit unions this Fifth of November. Such a run on the banks could leave those entities barren, and expose the problems with fractional reserve banking. While such a move would not end fractional reserve banking itself, it would send a clear message to the banks that should have failed before governments stepped in to save them.
This is the American spirit. Legal and creative strategy to combat the forces that make government unaccountable.
It appears we may have found that American spirit. Anonymous, a force behind the Occupy Wall Street protests, is calling on people to move their money from banks, to their local non-profit credit unions this Fifth of November. Such a run on the banks could leave those entities barren, and expose the problems with fractional reserve banking. While such a move would not end fractional reserve banking itself, it would send a clear message to the banks that should have failed before governments stepped in to save them.
This is the American spirit. Legal and creative strategy to combat the forces that make government unaccountable.
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