Is the decision to do business with big banks a moral issue?
You need to be involved in what is happening at your bank for a number of reasons — and this includes the banks that issue your credit cards.
While the Fed has been busy trying to save the banks that are “too big to fail,” some of the policies enacted could actually be forcing a change in some of the ways that smaller banks do business – and not necessarily for the better.
At issue: The bailout is likely to enable the continued cycle of an economy based on debt.