There’s an interesting piece of legislature before our state representatives right now that would transfer New Mexico’s liquid cash from Bank of America to accounts at local banks. It seems almost embarrassingly obvious, and it’s shocking that it’s something we’ve not done before… but, then again, we’re talking politicians here. Read the Santa Fe Reporters bit on it here.
I’ve only ever banked with the little guys, and it’s something I encourage everyone to follow. Much like government, CAFOs, and big box stores, I don’t support putting money into something so big I can’t see its borders. Just makes me think of steamrollers. It’s been said before by folks smarter than me, but it bears repeating: Too big to fail is too big to exist.
Move Your Money
There’s an interesting piece of legislature before our state representatives right now that would transfer New Mexico’s liquid cash from Bank of America to accounts at local banks. It seems almost embarrassingly obvious, and it’s shocking that it’s something we’ve not done before… but, then again, we’re talking politicians here. Read the Santa Fe Reporters bit on it here.
I’ve only ever banked with the little guys, and it’s something I encourage everyone to follow. Much like government, CAFOs, and big box stores, I don’t support putting money into something so big I can’t see its borders. Just makes me think of steamrollers. It’s been said before by folks smarter than me, but it bears repeating: Too big to fail is too big to exist.
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