Public Banking Institute News: Nov 15, 2018
San Francisco to launch a SF Public Bank Coalition Jan 10
San Francisco’s robust Defund DAPL Coalition and SF Public Bank are joining forces to launch a SF Public Bank Coalition January 10 with an evening event that brings together speakers, music, food and community.
Attendees will learn how a city-owned public bank can bring San Francisco’s $11 billion budget “From Wall Street to Our Streets,” and can strategize in break out sessions focused on student debt, affordable housing, renewable energy and more. Event takes place at The Women’s Building 3543 18th St #8, San Francisco, CA 94110. More information here. Facebook event here.
The call goes up in Rhode Island for a public bank
The benefits of public banking are now making their way into conversations all over the country. Former history teacher Joe Clifford makes a call for a public bank of Rhode Island in a recent article in GoLocal:
“The most successful bank in this country is a public bank owned by the citizens of North Dakota. [It’s] the best kept secret in the country. … If you live in Rhode Island would it not be prudent to have a bank owned by the citizens of the state, overseen by the citizenry, and not interested in profit? Imagine the savings of the just-approved bond issues if RI had a public bank.”
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