“Ethical Markets supports the growing movement for public banking and we are honored that the founder, lawyer Ellen Brown, of the Public Banking Institute, is on our Advisory Board and I wrote a Foreword to her current book: “The Public Bank Solution“
~Hazel Henderson, Editor“
Public Banking Institute News: February 13, 2018
Heartfelt appreciation to you from the Public Banking Institute!
We take a moment this Valentine’s week, to say thank you! Without you — without our enthusiastic advocates, supporters, and donors — we could never be at this point. We feel the shifting tide.
When we began this journey, the benefits of a Public Bank were known only by North Dakotans and a few others scattered around the country.
Now, the words “Public Bank” are being spoken enthusiastically by legislators from coast to coast, in red states and blue, in big cities and small. Thanks to YOU!
We envisioned that this could happen, and worked tirelessly for it, but we needed many allies. And now, thanks to your championing of the concept, your perseverance in doing the research, your willingness to connect with public officials, your effort to attend meetings, and your energy to show up and speak up at public hearings … YOU have turned this tide.
Together we’ll keep building this wave until it truly sweeps the nation!
Happy Valentine’s Day from PBI!
VIDEO: Local activists from Public Bank LA deliver revolutionary ideas and how-tos on TYT
Phoenix Goodman and Trinity Tran from our allies Public Bank LA and Divest LA delivered a powerful extended interview with Cenk Uygur on TYT in early February. Watch them give an excellent tactical and strategic step-by-step for any community wanting to make revolutionary systemic change.
Trinity Tran states how the coalition’s effort to persuade LA city officials to divest the city’s funds from Wells Fargo succeeded:
“[It] would send a very powerful message to Wells Fargo and to all big banks: If you finance harm to our community, we will defund you. … We created a very specific agenda … leveraging policy and protest.”
Phoenix Goodman explains how Divest LA took the natural next step to Public Banking:
“The dilemma that hit us: yes you can divest from a big bank, but the only other banks that can handle that volume are other Wall Street banks. The penny dropped. … Can we create a city Public Bank?”
Tran continued:
“Our advice to activists is: be bold. You can actually educate and inspire a lot of our elected officials.”
Goodman:
[read more]“A small group of dedicated people can make a big difference.”