Public Banking Videos
This program was co-sponsored by RMPBI today in Denver. When will Denver, Boulder, Longmont, and other Colorado cities realize a Public Bank is the best way to create a strong and stable economy capable of addressing our most serious problems without raising taxes?
Excellent video presentation on public banking by professor of economics Richard Werner, Ph.D., author of the bestseller Princes of the Yen and leading proponent of remodeling the European Central Bank along lines consistent with sound banking principles that recognize the vital importance of public banks such as the Bank of North Dakota, or the German Sparkassen, which are 1,500 city-owned savings banks that constitute the backbone of Germany’s economy.
www.youtube.com/watch?v=MechH0ebs_cDetailed Index - Professor Richard Werner’s Talk: 1 - Why is banking so important for the economy, society and the sustainable development of regions and com...
What if the US could write off half of its debt? Fascinating article by Ellen Brown!
truthdig.com
There is no way the U.S. will ever pay back a $20 trillion federal debt. Maybe the government should sell some of it to our central bank.
Banking on New Mexico, Santa Fe
"What the fearless Hoenig told the Senate Banking Committee was effectively this: the biggest Wall Street banks have been lying to the American people that overly stringent capital rules by their regulators are constraining their ability to lend to consumers and businesses. What’s really behind their inability to make more loans is the documented fact that the 10 largest banks in the country “will distribute, in aggregate, 99 percent of their net income on an annualized basis,” by paying out dividends to shareholders and buying back excessive amounts of their own stock. Hoenig writes that the banks are starving the U.S. economy through these practices and if “the 10 largest U.S. Bank Holding Companies were to retain a greater share of their earnings earmarked for dividends and share buybacks in 2017 they would be able to increase loans by more than $1 trillion, which is greater than 5 percent of annual U.S. GDP.”ellenbrown.com/2013/12/22/100-years-is-enough-time-to-make-the-fed-a-public-utility/
100 Years Is Enough: Time to Make the Fed a Public Utility
ellenbrown.com
December 23rd, 2013, marks the 100th anniversary of the Federal Reserve, warranting a review of its performance. Has it achieved the purposes for which it was designed? The answer depends on whose…
The best way to hurt "them" is to take their power away--their power to create "money." With the invention of blockchain technology in 2007, the door has opened for discussion about real change in what money is and who controls it. No one has spent precious metals as money in almost 80 years and most money today life especially as data in computer banks somewhere. Let's accept this and move into the 21st Century.
Cash should always be an option. The ECB now has a campaign to rid the world of currency of paper and metal money. But currency has always been a safe haven when the banks become insolvent. Follow this video: www.facebook.com/michael.melio/posts/10207465269069906
