Public Banking Videos
Great debate today on BrotherJeff.com with our friends Bernard Douthit, Dave Young and Laura RichardsWho Will Manage Colorado's Billions? The Road to State Treasurer. 30 Minutes with Bernard Douthit and Dave Young. Missed the show? Here's the link: Missed the show? Here's the link: www.facebook.com/jeff.fard/videos/2273635855987543/
www.neweconomynyc.org/2018/06/the-laura-flanders-show-a-public-bank-for-public-good/
The Laura Flanders Show: A Public Bank for Public Good! - New Economy Project
neweconomynyc.org
The Laura Flanders Show -- Our Co-Director Deyanira Del Rio joins other members of the PublicBankNYC coalition to discuss the momentum for a public bank in NYC and the public launch of the campaign.
Colorado friends - we can learn from New York leaders working with many grassroots groups!
RMPBI Board: Earl Staelin, Alec Tsoucatis, Michael Melio, Laura Richards, Lisa Culpepper
Friends: Bernard Douthit for State Treasurer
Coalition of grassroots groups launches “paradigm shift” campaign for #PublicBankNYC
publicbankinginstitute.org
PBI researches, educates, and promotes the creation of public banks at all levels of society.Unknown to most US citizens, but ALL their tax money and fees paid to city, county, state, and national governments are deposited in the Wall Street banks and used by them to make loans to the largest corporate monopolies in fossil fuels, armaments, health insurance, pharmaceuticals, and every other sector of the economy. You know their names: JPMorganChase, BoA, Citi, Wells Fargo, and about 8 others.
Public banks would keep our tax money in our cities, counties, and states.
New Yorkers are organizing to make this happen.
"Winsome Pindergrass wants a better chance at securing financing to buy a home. At a June 5 rally in front of the New York Stock Exchange, the 59-year-old Brooklyn resident talked about how three-quarters of her monthly income goes to her $2,200-a-month rent, which has nearly doubled since 2010. She’s watched her neighbors get pushed out by rising rents.
“We don’t even recognize our neighborhoods anymore,” she said. “The affordable apartments are all gone, or they are disappearing fast.”
Pindergrass was one of dozens of residents and community organizers who were gathered in front of the stock exchange, on Wall Street, to launch the Public Bank NYC Coalition. Made up of more than two-dozen groups, the coalition is calling for the creation of a city-owned bank that would serve as the repository of all local taxes, fees, fines and other municipal revenue — in contrast with the current system in which around 20 banks are currently authorized to provide bank accounts for New York City government as well as its various agencies and affiliated entities.
“We need a public bank…here to serve and to answer to us…to keep the wealth in our communities, invest in real, long-term affordable housing, and [get taxpayer money] out of the hands of Wall Street vultures,” Pindergrass said."
www.neweconomynyc.org/2018/06/next-city-movement-to-get-public-money-out-of-wall-street-comes-to-...
neweconomynyc.org
Next City -- Winsome Pindergrass wants a better chance at securing financing to buy a home. At a June 5 rally in front of the New York Stock Exchange, the 59-year-old Brooklyn resident talked about how three-quarters of her monthly income goes to her $2,200-a-month rent, which has nearly doubled sin...This will be a great opportunity to meet Lisa Culpepper and hear her views on public banking! Laura Richards, Michael Melio, Earl Staelin
Lisa Culpepper For Adams County Treasurer 2018
I'll be hosting a learning meeting regarding this issue in the coming weeks. "Like" my campaign PAGE at Lisa Culpepper for Adams County Treasurer to find the event, and, to be a part of the process of re-creating OUR government for our PEOPLE.I'm really attuned to the Gross State Product increases seen in public banking. I just read the article below (which has a video of an interview with Dr. Figart). You should, too. Rocky Mountain Public Banking Institute (Thanks, Michael Melio and Eileen Evans for searching out important and imperative information (Mike), and, for "distilling" the information (Eileen)) is helping to pave the way for Colorado's own Public Bank. If you're interested in learning more, I'll be hosting a learning meeting regarding this issue in the coming weeks. "Like" my campaign website at Lisa Culpepper for Adams County Treasurer to find the event, and, to be a part of the process of re-creating OUR government for our PEOPLE.
From the article: "Dr. Figart's basic message: a Public Bank gets NEW money into the economy; it doesn't just shift money from one pocket to another. She brings up that NJ has a great deal of money in various accounts in Wells Fargo, being used for loans that are not going to NJ. She says for every $1 spent on infrastructure, $2 in Gross State Product is created — it’s a standard econ formula."
Dr. Figart:
“A Public Bank would contribute enormously to funding economic development needs throughout America and in the state of New Jersey. … It’s very difficult to borrow money for infrastructure and if states and municipalities could find a way to raise funds through a public bank and to borrow at lower interest rates than typically what Wall Street lends money for, I think that we could do a lot to generate state economic growth and municipal economic growth and redevelopment in the U.S.”