Monday, December 27, 2010

What I've been Reading

Third World America: How Our Politicians Are Abandoning the Middle Class and Betraying the American Dream by Arianna Huffington (thanks!!). I was apprehensive to read this book expecting the quintessential liberal bias. Glad, I was wrong!! Huffington pulled it of with a bipartisan work in-spite of her liberal leanings. Two third of the book is a litany of decline of US of A but the book is worth reading for the final chapter oozing with optimism. Two things that stood out (at-least for me)

  • I was astonished to learn that Garmeen Bank has opened branches in US of A ; it's depressing (my dad retired working for the same in India).
  • I had not only stopped watching cable TV but also quit reading Huffington post and Drudge Report. It helps keep my health (and biases) in check but comes with a little prize of being oblivious to few important grass root movements. Move your money - this is what this country needs. We never should underestimate the power of people and as a society we should harness it's potential to fight against powerful. Such movements are the last best hope for this country. 

"WHY SHOULD I MOVE MY MONEY?
1) Take away power from the “Too Big To Fail” Wall Street Banks
2) Get a better deal on savings or checking accounts and more personal service
3) Take pride in investing in your own local community and spurring job growth
HOW DO I MOVE MY MONEY?
1) Open your new account and order debit/ATM card and checks
2) Set up direct deposit and contact companies that direct-debit your account
3)Close your account and enjoy your new local bank! Don’t forget to write a letter to your old bank telling them why you are dissatisfied with them!
FIND A BANK:

The good folks at HelloWallet have donated this tool to search for sound and local banks and credit unions. Just put your zip code in the box below, select if you’d like to search for banks, credit unions or both, and click Submit to get a list and map of institutions near you"


No comments: