Idea: A Municipal Bank For Philadelphia: Difference between revisions
No edit summary |
|||
| (15 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
This Wikidelphia idea page proposes '''A Municipal Bank For Philadelphia'''. | This Wikidelphia idea page proposes '''A Municipal Bank For Philadelphia'''. | ||
:See also [https://othernetworks.org/Public_Banking_Institute Public Banking Institute] | |||
== Why should Philadelphia Have Its Own Bank? == | == Why should Philadelphia Have Its Own Bank? == | ||
* The City can save money and even earn money by creating 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 == | == Here's a GREAT two minute video about Public Banks == | ||
*[ | *[https://youtu.be/lpho-eie-fw Public Banking Made Easy] | ||
== A little longer video, but worth every second == | |||
*[https://www.youtube.com/watch?v=vFnvaqZ-X-U&t=35s Public banking sweeps across the country] | |||
== Resources == | == Resources == | ||
| Line 17: | Line 20: | ||
*Potentially available to any-sized government or community able to meet the requirements for setting up a bank. | *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. | *Owned by the people of a state or community. | ||
*Economically sustainable, because they operate | *Economically sustainable, because they operate transparently in the public interest. | ||
*Able to offset tax increases with returned credit income to the community. | *Able to offset tax increases with returned credit income to the community. | ||
*Ready sources of credit for local governments, | *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. | *Constitutional, as ruled by the U.S. Supreme Court. | ||
| Line 25: | Line 28: | ||
*[https://www.youtube.com/watch?v=2PHcqzsluLE no more Detroits...The Philadelphia Public Bank Solution] | *[https://www.youtube.com/watch?v=2PHcqzsluLE no more Detroits...The Philadelphia Public Bank Solution] | ||
*[https://www.youtube.com/watch?v=Yh0ijO8cBvo The Public Bank Solution to Government Debt and Budget Shortfalls] | *[https://www.youtube.com/watch?v=Yh0ijO8cBvo The Public Bank Solution to Government Debt and Budget Shortfalls] | ||
*[https://www.youtube.com/watch?v=L75oinBuY1g VIDEO: Bank of North Dakota] | *[https://www.youtube.com/watch?v=L75oinBuY1g VIDEO: The 100 year old MODEL Public Bank: The Bank of North Dakota] | ||
*[https://youtu.be/cpkRvc-sOKk The Story of Solutions!] | |||
*[https://youtu.be/k5kHACjrdEY The Story of Citizens United v. FEC] | |||
== Articles == | |||
*[https://www.inquirer.com/philly/blogs/inq-phillydeals/Should-Philadelphia-start-its-own-bank.html Should Philadelphia start its own bank? by Joseph N. DiStefano, Phila Inquirer January 26, 2016] | |||
[[Category:About-Public Banking]] | [[Category:About-Public Banking]] | ||
| Line 45: | Line 53: | ||
*[https://www.facebook.com/groups/1850488438581554/ Philadelphia Public Bank Coalition group on Facebook] | *[https://www.facebook.com/groups/1850488438581554/ Philadelphia Public Bank Coalition group on Facebook] | ||
*[http://phillynn.org/issues-actions/public-banking/ Philadelphia Neighborhood Networks (PNN) Public Banking Action Group] | *[http://phillynn.org/issues-actions/public-banking/ Philadelphia Neighborhood Networks (PNN) Public Banking Action Group] | ||
*[https://phillynn.org/category/public-banking/ Neighborhood Networks Blog on Public Banking] | |||
** See also <u>[[Philadelphia Neighborhood Networks (PNN)]]</u> | ** See also <u>[[Philadelphia Neighborhood Networks (PNN)]]</u> | ||
| Line 66: | Line 75: | ||
== In The News == | == In The News == | ||
*[https://www.inquirer.com/opinion/commentary/public-banks-philadelphia-new-jersey-california-20200213.html?utm_source=t.co&cid=Philly.com+Twitter&utm_medium=social&utm_campaign=Philly.com+Twitter+Account Inquirer Opinion column Feb 13, 2020] | |||
*[https://www.americanbanker.com/news/american-samoa-finally-gets-a-public-bank-and-us-states-are-watching American Samoa opens a Public Bank] | *[https://www.americanbanker.com/news/american-samoa-finally-gets-a-public-bank-and-us-states-are-watching American Samoa opens a Public Bank] | ||
| Line 75: | Line 84: | ||
*[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] | ||
== Fels Public Banking Study == | |||
*[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 == | ||
Latest revision as of 23:30, 1 February 2022
This Wikidelphia idea page proposes A Municipal Bank For Philadelphia.
- See also Public Banking Institute
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
A little longer video, but worth every second
Resources
- See Philadelphia Neighborhood Networks Public Banking Action Group to connect with the people who are working on a public bank for Philadelphia
- And see Pennsylvania Public Bank Project for the team working on a public bank for Pennsylvania.
- Consider the Benefits For Cities and Municipalities Of a Public Bank (PDF).
- Coalition of grassroots groups launches “paradigm shift” campaign for #PublicBankNYC
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
- no more Detroits...The Philadelphia Public Bank Solution
- The Public Bank Solution to Government Debt and Budget Shortfalls
- VIDEO: The 100 year old MODEL Public Bank: The Bank of North Dakota
- The Story of Solutions!
- The Story of Citizens United v. FEC
Articles
More
- Movement Website: Public Banking Insitute: A national movement to help states set up their own banks.
- Article: Public Banking Institute Calls Largest Wall Street Banks "Unsafe," and Backs It Up, Wall Street On Parade, August 29, 2013.
- Philadelphia Public Bank Coalition
- Philadelphia Public Bank Coalition group on Facebook
- Philadelphia Neighborhood Networks (PNN) Public Banking Action Group
- Neighborhood Networks Blog on Public Banking
Ellen Brown
- Public Banking Institute
- The Public Bank Solution
- Podcast: It´s Our Money with Ellen Brown
- How California Could Get Its Money Out of Wall Street - Yes Magazine, updated June 7, 2018
In The News
The Bank of North Dakota
- The Bank of North Dakota website
- Wikipedia Article about the Bank of North Dakota
- Mother Jones: How the Nation’s Only State-Owned Bank Became the Envy of Wall Street
- VIDEO: Bank of North Dakota