Abandoning Wall Street and Creating a Public Bank for the City of Los Angeles

A Bank of the City of Los Angeles would not compete with commercial banks but would partner with them, using its tax revenue deposits to create interest-free credit for lending programs that go toward funding city projects.

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From Austerity to Abundance: Why I Am Running for California Treasurer

The state cannot solve its budget problems by slashing services that have already been cut to the bone or raising sales taxes that hurt the poor far more than the rich.

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Now Is the Moment to Save Our Postal Commons

Because postal services, owned by the people, are part of the commons, the attack on public postal utilities amounts to an attack on the commons itself.

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Hedges: Overthrow the Speculators and Build Public Banks

We can wrest back control of our economy and our political system from corporate speculators with local movements that decentralize economic power through the creation of hundreds of publicly owned state, county and city banks.

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Public Banking in Costa Rica: A Remarkable Little-Known Model

Established in 1949, Costa Rica's four public banks have remained open and in public hands in spite of enormous pressure by the IMF and the U.S. to privatize them.

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Ellen Brown: The Bank Guarantee That Bankrupted Ireland

After five years of belt-tightening, the Irish people are realizing that their assets are paying for the mistakes of the financial sector.

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Is Homeland Security Preparing for the Next Wall Street Collapse?

The Department of Homeland Security recently purchased 1.6 billion rounds of ammunition and is acquiring heavily armored tanks which have been seen roaming the U.S. streets. It's clear this is meant for unrest at home, and not abroad.

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How America Can Replace Wall Street Financing With Public Banks

Germany, China, Japan and India have thriving public banking systems. In America, we are so used to big banks that many of us don't even recognize we can create the same alternative.

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Hedges: The Sparks of Rebellion

With the decimation of U.S. manufacturing along with the dismantling of our unions and opposition parties, we will have to search for different instruments of rebellion.

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A Credit Union in Puget Sound Elects a Different Future

The Puget Sound Cooperative Credit Union in Washington State has helped locals divest from JPMorgan Chase and now holds $30 million of the community's assets.

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