On Wednesday 26 January 2011, thousands of people in the UK will try to cause a bank run by withdrawing money from their bank accounts, in person, at high street bank branches.
The hope is that the movement will snowball. Everyone is welcome. Just print out the form below, fill in your details, and take it to your bank, preferably around lunchtime, e.g. about 1pm. Even better, print out multiple copies and hand them round. Use email, Twitter, Facebook too.
When the first bank branch says it won't pay out people's money, let everyone know, using every means possible. Take photos. Use mobile phones, send tweets, get the journalists in on the picture. This movement is decentralised. It is what you and we make it.
Note that this idea was tried last December, after being suggested by Eric Cantona. Unfortunately it didn't go very far, mainly because the organisers asked people to "sign up" online. We're not asking you to sign up to anything. In particular, you do NOT have to give any personal details to anyone. The form below is just for giving to your BANK. If you can only afford to withdraw 10 pounds, please do it. If you can afford to withdraw thousands of pounds, do that too. EVERY LITTLE HELPS. Banks cannot withstand everyone withdrawing even a tenth of what they've got in the bank. LET'S SEND THESE PARASITES A MESSAGE THEY'LL NEVER FORGET.
It's an open secret that they're holding the country to ransom. Let's kick 'em where it hurts. This is the financial system's MAJOR WEAK SPOT. That's why the Dutch government is considering making it illegal to call for a bank run. Because they're SCARED. In 2009 there was a bank run against a Dutch bank. This was considered to be a particularly unpleasant bank, which had been encouraging millions od Dutch people to get into debt who couldn't afford it. People did a run against it, and it went bankrupt. How sad. In Britain, you'd be hard pushed to name a bank which DIDN'T try to get people into massive debt they can't really afford. Here's the bottom line: THE BANKS HAVE GOT IT COMING TO THEM.
So please take part. Spread the news. Distribute this leaflet. Print your own. Just do a little bit to help, and we'll be strong and we'll blast the damn banks like they've never been blasted before. Please print the following, complete the details, and hand it to your bank around 1pm on 26 Jan 2011.
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NAME: __________________________ ADDRESS:_____________________________ ________________________________ ACCOUNT NUMBER: ___________________ SORT CODE:______________________ NAME OF BANK:_____________________
To: the Branch Manager Dear Sir, I wish to withdraw ____________ pounds from my account in cash, immediately. Yours sincerely, __________________ (signed)
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3 comments:
Hi and good afternoon to you!
If you want to help the Bank Run on Revenge Wednesday, please circulate the following tweet:
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Hit the banks where it hurts: BANK RUN on Revenge Wednesday, 26 Jan 2011. Info at: tinyurl.com/bankrun2011
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Thanks again!
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☮ La Nouvelle Économie Globale. - L'Évolution.
Avoid Chaos Now, Participate and Replace the Old Feudal Order by a fair, prosperous and peaceful order.
☮ La Nouvelle Économie Globale. - L'Évolution.
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We've already had a bank run in the UK. That's why the taxpayer is already on the hook for £512bn. The challenge is how to rebuild a financial system that works. As I posted yesterday (http://sdj-pragmatist.blogspot.com/2011/01/shuffling-deckchairs-on-hms-status-quo.html), this is supposed to be the focus of the Commission on Banking, but that Commission is preoccupied with retaining 'banking' as a segment, and figuring how that might be restructured, rather than looking at the financial system as a whole.
As I suggested in response to Eric Cantona's idea for a bank run (http://sdj-pragmatist.blogspot.com/2010/11/hey-eric-lend-your-euros-directly-to.html) instead of withdrawing your surplus cash (an act of futility), why not emphasise alternative models by lending it to other people directly via Zopa or FundingCircle?
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