Reply #4: Stay tuned . . . [View All]

[gratuitous]

I think there will be an effect, and the big banks will feel it, if only a little bit. That's certainly more notice than they have taken of small depositors for years. The more interesting thing, to me, will be to see how it affects the small depositors. The little people (proud member in good standing here) have been told for years that they don't really matter much in the grand scheme of things. A couple of years ago, when gas prices were spiking, a lot of little people suddenly got a lot more mindful of how much they were driving. While Big Oil didn't take much of a hit due to this sudden spasm of conservation, they did notice. It was a good reminder to consumers that this whole capitalist scheme has some balance, and some of the power is in their hands.

The biggest ally for our corporate overlords is mindless consumerism. When consumers get mindful, and quit running the little consumerist maze, it hurts some of those corporate big shots. I'm game for whatever happens next.