Nine percent of U.S. adults have moved their business in protest.

We know that people are mad as hell about their tax dollars going to bail out big banks and Wall Street, and then seeing the recipients of their hard-earned cash rewarding themselves with million-dollar bonuses.

We also know that the blowback from the bank bailouts is one reason why incumbents, especially the majority Democrats, are in great jeopardy of losing their jobs in November. People can’t vote out big bankers, but we are finding evidence that some people are voting with their bank accounts and moving their business to community banks and credit unions. A recent Zogby Interactive poll found 9% of U.S. adults have taken some of their business away from big banks as a protest.

The Move Your Money campaign was started among liberals, notably online with the Huffington Post and a video by Eugene Jarecki. Their campaign has been reported on by national news media. However, as others have noted, bailouts and the perceived ingratitude of Wall Street bankers is one of the only issues that arouses both the left and right.

The left is more likely to loathe Wall Street and the right is more likely to demonize government. Our survey found Democrats more likely to be interested in moving their money out of big banks, but one-quarter of Republicans have also considered doing the same. The much publicized Tea Party movement is volatile and while many of its followers will indentify as Republicans, they are also libertarians: witness libertarian Ron Paul’s victory in the Conservative Political Action Conference presidential straw poll.

It’s all part of what I reported in my Feb. 18 column that detailed the low confidence Americans have in our major institutions. A recent Zogby Interactive poll found voter confidence in corporations, national and regional banks and Wall Street ranking below that of both federal and state governments.

Our survey about banking of 2,068 U.S. adults was conducted from Feb. 17-19, 2010. We found that 37% said that a big national bank was their primary source for banking. We asked all respondents if they have “considered moving some or all of (their) banking from a large national bank to a community bank or credit union because (they) are unhappy with the policies or behavior of large national banks.” Nearly one in three (32%) answered yes.

Fourteen percent of all adults said that in the past year they have actually moved some of their banking from a large national bank to a community bank or credit union. We asked them why they moved their banking and listed several possible reasons. They could choose more than one reason. Based on that question, we found that 9% of all U.S. adults have taken some of their business away from big banks as a protest.

It’s difficult to know what this is doing to the actual bottom line of the likes of Bank of America ( BAC – news – people ), J.P. Morgan, Citigroup ( C – news – people ) and the rest of the banking giants. As the past two years have shown, understanding the workings of America’s banks may require an accounting Rosetta Stone. Also, as consumers well know, banks have ways to increase revenue from existing customers. The question is whether the Move Your Money campaign has picked up about all the support it’s going to get, or whether it will keep growing. If the latter, the big banks will eventually feel some pain.
http://www.forbes.com

Très bien tout ça, 9 % des américains auraient déja transféré leur compte vers des banques communautaires ou coopératives, et un tiers supplémentaire serait tenté de le faire.
Le mouvement  » move your money  » fait un tabac, c’est génial.

À ce rythme dans quelques mois les grosses banques vont avoir de serieux problèmes….
Les gens ne sont peut être pas si stupides que ça, je crois avoir lu que MSNBC ou une autre chaine d’information économique a perdu 30 % de ses auditeurs, ce qui les a mené à licencier un paquet de gens…

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4 Réponses to “Nine percent of U.S. adults have moved their business in protest.”

  1. adults dating young women seeking older men younger girls younger women seeking | Eastern Angels Says:

    […] Nine percent of U.S. adults have moved their business in protest … […]

  2. Pacalvotan Says:

    Excellent! Pas un mot de nos massmédias….
    Cà arrive quand en Europe?

  3. Valjean Says:

    J’avais entendu parler de ca.
    Il y a d’ailleurs un « no bank day » prévu en Europe mais je le trouve très mal diffusé pour le moment.
    Les dates sont du 5 au 12 juin 2010. Il y a un « site » facebook la dessus.

    Quoi qu’il en soit, 9%, c’est énorme, mais il faut savoir quelle proportion cela représente en volume également.
    J’espère qu’il y aura un succès similaire en Europe, mais cela dépend aussi de nous.

  4. Alcide Says:

    Exerçons notre libre arbitre, prenons nos responsabilités individuelles pour un resultat collectif.
    Les banques européennes ont un effet de levier compris entre 26,6 et 43,9 ! (Source : http://www.jpchevallier.com/article-le-credit-agricole-2009-et-les-gos-banques-francaises-45634358.html ) c’est-à-dire qu’il suffit que 3 % de la population (moyenne pondérée) retire ses avoirs pour signifier la mise en faillite immédiate des banques françaises.
    Il faut faire exactement la même chose en Europe, comme le peuple US et soutenir nos amis grecs, espagnol, italien, irlandais,islandais du 15 au 18 avril grève générale et solder le compte en banque ainsi que tous les comptes d’épargne !
    De toute manière si les banques se cassent la figure avant, il ne faut pas se faire la moindre illusion, nos comptes seront immédiatement bloqués et notre argent rendu indisponible, y compris par voie législative. C’est la terrible mésaventure qui est arrivée aux argentins au début des années 2000 .
    Disons non à l’asservissement éternel à la dette, retirons nos avoirs bancaires et qu’il aillent tous au diable !
    http://www.taxfree15.com/

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