{"id":189543,"date":"2010-03-13T21:28:00","date_gmt":"2010-03-14T03:28:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/03\/13\/i-like-this-stick-it-to-the-man-and-save-money\/"},"modified":"2010-03-13T21:28:00","modified_gmt":"2010-03-14T03:28:00","slug":"i-like-this-stick-it-to-the-man-and-save-money","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/03\/13\/i-like-this-stick-it-to-the-man-and-save-money\/","title":{"rendered":"I Like This: Stick it to the Man, and Save Money"},"content":{"rendered":"<div style=\"border: 1px solid black; margin: 0px 10px; padding: 5px; width: 400px; float: right; text-align: center;\">Click for full size<\/p>\n<hr \/>\n<p><a href=\"http:\/\/img200.imageshack.us\/img200\/7184\/bankfees8871046.jpg\"><img decoding=\"async\" src=\"http:\/\/img200.imageshack.us\/img200\/7184\/bankfees8871046.jpg\" bordercolor=\"white\" border=\"0\" width=\"390\" \/><\/a> <span style=\"font-style: italic;\"><br \/>Not a surprise<br \/><\/span><\/div>\n<p>There have been a number of initiatives geared toward getting consumers to move their funds from the too big to fail banks.<\/p>\n<p>All in all, this is likely a good thing, but one of the things that people have not generally noted is that <a href=\"http:\/\/www.newrules.org\/banking\/news\/move-your-money-and-save\">moving your money to a smaller bank also personally benefits you<\/a>, because smaller banks charge lower fees, and generally treat small customers better.<\/p>\n<p>The promise that has always been made with bank deregulation has been that larger banks would be more efficient, and so pass the savings onto consumers.<\/p>\n<p>The reality is the opposite.  Large banks use their oligopoly positions to extract more money from consumers.<\/p>\n<p>Too big to fail banks are also banks that do not serve the consumer, so let&#8217;s break them up.<\/p>\n<p>H\/t <a href=\"http:\/\/baselinescenario.com\/2010\/02\/22\/big-banks-are-more-expensive\/\">James Kwak<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Click for full size Not a surprise There have been a number of initiatives geared toward getting consumers to move their funds from the too big to fail banks. All in all, this is likely a good thing, but one of the things that people have not generally noted is that moving your money to &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1005,1004,985],"tags":[],"class_list":["post-189543","post","type-post","status-publish","format-standard","hentry","category-business","category-finance","category-regulation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/189543"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=189543"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/189543\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=189543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=189543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=189543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}