Ellen Brown: Globally, the burgeoning movement for local, cooperatively-owned and community-oriented banks is blazing the trail toward a new, sustainable form of banking.
Public Sector Banks: From Black Sheep to Global Leaders
By
Ellen Brown: When we remove our myopic U.S. blinders, it turns out that globally, not only are publicly-owned banks quite common but that countries with strong public banking sectors generally have strong, stable economies.
Move Our Money: New State Bank Bills Address Credit and Housing Crises
By
Ellen Brown: We may not be able to beat the banks, but we don’t have to play their game. We can take our marbles and go home.
The Way to Occupy a Bank Is to Own One
By
Ellen Brown: The campaign to “move your money” has gotten a groundswell of support. Having greater impact would be to “move our money” — move our local government revenues out of Wall Street banks into our own publicly-owned banks.
Do State-Owned Banks Violate State Constitutional Provisions? No
By
Ellen Brown: The recent interest in state-owned banks has provoked challenges on grounds that they violate state constitutional prohibitions against lending the credit of the state. The argument is not valid.
The Public Banking Option: The German Model
By
Ellen Brown: Publicly-owned banks were instrumental in funding Germany’s “economic miracle” after the devastation of World War II. Although the German public banks have been targeted in the last decade for takedown by their private competitors, the model remains a viable alternative to the private profiteering being protested on Wall Street today.
California Legislature Passes Bill to Study State-Owned Bank
By
Ellen Brown: California, like North Dakota, is resource-rich. A state-owned bank will allow it to capitalize on its resources to full advantage, by providing the credit needed to realize its potential.
PCL offers monthly Open House Events on the 2nd Saturday at 2pm and 3rd Thursday at 6pm. Click here to learn more.
Recent Comments