"Move Your Money" Goes Nationwide As Cities Pull Their Money
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According to a report by The New Bottom Line, principal reductions by big banks would create one millions jobs annually, save taxpayers money and would let the average family pay $500 per month less on their mortgage.
Until this aim is achieved, Lilienthal said he sees the divestment movement continuing to grow.
"What we are aspiring to is not just think about where we are moving our money out of," he said, "but also think of our money as being kind of an organized force."
This article is a Truthout original.
Yana Kuchinoff is an assistant editor at Truthout.