Massachusetts Moves It’s Money

On this Patriots day (the start of the Revolutionary war) Massachusetts (and other groups) leads the way for the rest of the states to send a strong message to those greedy (to big to fail) banks.

Via Huffingtonpost
Chants of “move those dollars” and “move that money” rang out last week in the Hart Senate Office Building during an event for supporters of the Metro Industrial Areas Foundation. The group is spearheading a 10 Percent Is Enough campaign to fight usury, the practice of charging excessive interest rates and fees. They had reason to celebrate, with the announcement that Massachusetts would move nearly a quarter of a billion dollars away from banks that refused to cap their interest rates to meet a state guideline of 18%.