A READER EMAILS TO ASK why I haven’t gotten behind Arianna Huffington’s “Move Your Money” campaign. “‘Move Your Money’ is very John Galt, very Tea Party.” Well, maybe. I had meant to post on this a while back, and it slipped through the holiday cracks. I kind of like the idea, and while I doubt it will have as much impact as they suggest, it seems to me that moving money from bailed-out banks to smaller community banks is a good idea — sort of like buying your car from non-bailout car companies.

I’ve got an uncle who’s on the board of a community bank in Georgia, and they’ve done fine — by the simple strategem of making traditional loans to people who can pay them back — and he’s very incensed that they’re in effect being taxed (via higher FDIC premiums and a 3-year prepayment that’s basically a forced loan to the FDIC) to pay for the problems of big banks that did stupid things.