Difference between revisions of "Idea: A Municipal Bank For Philadelphia"

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(Here's a GREAT two minute video about Public Banks)
(The Bank of North Dakota)
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*[https://www.motherjones.com/politics/2009/03/how-nations-only-state-owned-bank-became-envy-wall-street/ Mother Jones: How the Nation’s Only State-Owned Bank Became the Envy of Wall Street]
 
*[https://www.motherjones.com/politics/2009/03/how-nations-only-state-owned-bank-became-envy-wall-street/ Mother Jones: How the Nation’s Only State-Owned Bank Became the Envy of Wall Street]
 
*[https://www.youtube.com/watch?v=L75oinBuY1g VIDEO: Bank of North Dakota]
 
*[https://www.youtube.com/watch?v=L75oinBuY1g VIDEO: Bank of North Dakota]
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== Fels Public Banking Study ==
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*[https://www.fels.upenn.edu/fels-lab-project-listing/public-banking-study-city-philadelphia Fels Lab Public Banking Study City Philadelphia]
  
 
== About Money ==
 
== About Money ==

Revision as of 00:04, 4 August 2019

This Wikidelphia idea page proposes A Municipal Bank For Philadelphia.

Why should Philadelphia Have Its Own Bank?

  • The City can save money and even earn money by creating its own bank... The bank could bring in new revenue without raising taxes!!!

Here's a GREAT two minute video about Public Banks

Resources

Public Banks Are...

  • Viable solutions to the present economic crises in US states.
  • Potentially available to any-sized government or community able to meet the requirements for setting up a bank.
  • Owned by the people of a state or community.
  • Economically sustainable, because they operate transparently in the public interest.
  • Able to offset tax increases with returned credit income to the community.
  • Ready sources of credit for local governments, satisfying the need for “rainy day” funds required to promote the public interest, as defined in their charters.
  • Constitutional, as ruled by the U.S. Supreme Court.

More Videos

More

Ellen Brown

In The News

The Bank of North Dakota

Fels Public Banking Study

About Money