What America needs is a good dose of common sense…and that includes the bankers…especially the bankers. However, counting on that from the bankers (pun intended) shows a lack of common sense. Counting on it from the government – especially the lobby manipulated puppets in congress – is naive.

It’s time

• * time to take control of the money that flows through your life;
• * time to recognize that the financial institutions that are beholden to shareholders are not beholden to you;
• * time to discover that you must be your own banker;
• * time to begin making deposits into a financial product that only you control;
• * time to recognize that government regulation and banking security are always subject to manipulation by the dishonest and the greedy;
• * time to step away from debt as the basis of your financial future.

The link to the NY Times article below discusses one problem that Eduardo Porter (the author) sees in the banking business. There are many others as well, so if the one highlighted there doesn’t convince you that a program that lets YouBeTheBank is better than one that enslaves you to the bank, just remember the tip of the iceburg is just that, the banks are the Titanic and if you want a lifeboat you better have your own.

http://www.nytimes.com/2008/01/28/opinion/28mon4.html?_r=1&oref=slogin

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