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Craig Swartz was born in Middleburg Heights, Ohio. He earned a bachelor's degree from Ohio State University in 1980 and also studied at Schiller International University. Swartz's career experience includes working as an international legal assistant, international legal advisor, restaurant owner, writer, factory worker, insurance agent, and realtor. He is running for election to the Ohio House of Representatives to represent District 87.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Please donate to the show!Today we talk about Joint Rule 10 Day, which is a deadline for getting bills passed through certain hoops before they can pass through other hoops. This includes bills like the Transfer Fee, Debt Free College, Rent Control, PILOT Reform, Public Banking, Medicare for All, Prison Moratorium, Safe Communities Act, Vote 16, and more. Jordan Berg Powers, Jonathan Cohn, and Anna Callahan chat about Massachusetts politics. This is the audio version of the Incorruptible Mass podcast, season 5 episode 38. You can watch the video version on our YouTube channel. You're listening to Incorruptible Mass. Our goal is to help people transform state politics: we investigate why it's so broken, imagine what we could have here in MA if we fixed it, and report on how you can get involved. To stay informed:* Subscribe to our YouTube channel* Subscribe to the podcast (https://incorruptible-mass.buzzsprout.com)* Sign up to get updates at https://www.incorruptiblemass.org/podcast* Donate to the show at https://secure.actblue.com/donate/impodcast
Please donate to the show!Today we talk about public banking--what it is, why it matters, and how you might be helped by it. We discuss how it might affect communities of color, women-owned businesses, cooperatives, and small farms, as well as the political movement for and history of public banking. And then we dive into a super wonky little subject at the end about the Mass Municipal Deposit Trust, which we hope to do a whole podcast on later.Nancy Ryan joins Jordan Berg Powers, Jonathan Cohn, and Anna Callahan to chat about Massachusetts politics. This is the audio version of the Incorruptible Mass podcast, season 5 episode 35. You can watch the video version on our YouTube channel.You're listening to Incorruptible Mass. Our goal is to help people transform state politics: we investigate why it's so broken, imagine what we could have here in MA if we fixed it, and report on how you can get involved. To stay informed:* Subscribe to our YouTube channel* Subscribe to the podcast (https://incorruptible-mass.buzzsprout.com)* Sign up to get updates at https://www.incorruptiblemass.org/podcast* Donate to the show at https://secure.actblue.com/donate/impodcast
On today's Lever Time, David Sirota sits down with law professor and policy advocate Robert Hockett and former FDIC attorney Todd Phillips, to explain “The Great Bank Robbery of 2023” — a financial grift that very well could be impacting you. The three explore how this complicated bank swindle has become so prevalent, what federal regulators could do to stop it, and how consumers like you can protect yourself from the scam. The grift goes like this: When you deposit your money at a bank, they should pay you interest for your money. That's because they make money off of it: Banks lend out your deposits for mortgages and small business loans, or deposit money with the Federal Reserve — all of which generate a much higher interest rate return for the banks. The difference is profit.Until recently, banks would pass along increased interest on these efforts to its customers. But over the last two years, as the Federal Reserve has hiked interest rates to combat inflation, banks haven't been sharing the wealth. Today, the gap between the profit banks generate by lending out those deposits and what they pay their customers is the largest it's ever been: On average, banks are paying its depositors 0.4% interest, while reaping anywhere from 5 to 7 percent interest via lending. This has resulted in one of the largest upward wealth transfers in the modern economy, from customers to bank executives.A transcript of this episode is available here.Links: The Great Bank Robbery of 2023 (The Lever, 2023) BofA profit surges on interest income, surprise investment banking gain (Reuters, 2023) BONUS: Monday's bonus episode of Lever Time Premium, exclusively for The Lever's supporting subscribers, featured our interview with climate scientist Dr. Andrew Pershing about “attribution science” — a new technique that can pinpoint how manmade climate change influences extreme weather events.If you'd like access to Lever Time Premium, which includes extended interviews and bonus content, head over to LeverNews.com to become a supporting subscriber.If you'd like to leave a tip for The Lever, click the following link. It helps us do this kind of independent journalism. levernews.com/tipjar
As this year's budget season comes to a close in New York City, Tousif Ahsan, Public banking campaign organizer at the New Economy Project, and James Parrott, Director of economic and fiscal policies at the Center for New York City Affairs at the New School, explain the findings of a new report that shows how holding city money in a public bank could uplift the local economy, create jobs, tackle the affordable housing crisis, and move us forward on the path for a more sustainable and economically just future.
What if humanity could take a giant step forward towards a climate transformation? We are rebroadcasting Christine Barrington's October 12, interview with Dr. Delton Chen, Founder of the Global Carbon Reward along with Renegade Economist, Della Duncan, who together will headline at a November 2 event at the Resource Center for Non-Violence called Funding for the Future: New Ways to Value Life on our Planet. The Global Carbon Reward is a bold policy proposal that seeks to leverage the power of the world's central banks to institute a global monetary policy that rewards the mitigation of carbon. This policy would create a parallel economy powered by a Carbon Currency whose value is derived through increasing the health of the biosphere. Dr. Chen's ideas were featured in Kim Stanley Robinson's Ministry for the Future, and he is on a bi-coastal tour to raise awareness and engage interest in the policy. He will be presenting, along with Kim Stanley Robinson, at the Verge 22 Climate Tech Summit in San Jose at the end of October. Della Duncan is a Co-Founder of the California Doughnut Economics Coalition and a Public Banking advocate. She works alongside others to shift the mindset around economics in order to tackle the 21st century's grand challenge of meeting the needs of all people within the means of the planet. Della dynamically pursues this vision through teaching, organizing, and mentoring. She is a Senior Fellow at the London School of Economics International Inequalities Institute and since 2016 has produced and hosted the Upstream Podcast, which invites listeners to unlearn everything they thought they knew about economics and imagine what a better world could look like. She will address ideas around De-growth and the questioning of “Green Capitalism” as applied to the Global Carbon Reward. Della's 2-Part audio documentary is powerful journalism and full of provocative ideas well worth considering. Part 1: The Problem with Green Captitalism; Part 2: A Green Deal for the People You can also listen to Christine's Talk of the Bay broadcast "Pricing Nature through the Global Carbon Reward: A Conversation with Dr. Delton Chen, Author Kim Stanley Robinson and Renegade Economist Kate Raworth." Sustainability Now! is underwritten by the Sustainable Systems Research Foundation. and Environmental Innovations.
Public banking is still a somewhat unknown concept, but some financial policy experts are looking to change that. Detailed show notes at https://www.ideastream.org/programs/sound-of-ideas/advocates-for-public-banking-are-pushing-for-that-model-here-in-ohio.
We featured guest Laura Wells discussing the new California Left Unity Slate, a merger of the Green Party and the Peace and Freedom Party to support seven candidates in 2022. Laura is included in that slate in her run for State Controller. She describes this Office. She also talks about Public Banking to fund services needed by state residents with low interest that is paid to the state treasury rather than to banks outside of the state. Check out the show's web archive page for bio of the guest, description of the show segments, this week in Herstory, Announcements, links referenced, and the playlist at https://www.womensspaces.com/ArchiveWSA22/WSA220404.html
California launches a study that will explore how a state government backed public banking system might work. Meanwhile, an underutilized MTS parking lot in San Diego's South Bay won approval on Thursday to be turned into a housing development. And, federal data shows San Diego has one of the highest inflation rates in the nation.
Irish Swede joins the program in part one of a two part show, in this half we discuss the Olympics, we discuss some online interaction and have a little small talk. Look for part two, which is on Public Banking options, in a day or two!★ Support this podcast on Patreon ★
Several state lawmakers have signed on to a new bill that would offer California households free financial services— a move that could help families navigate the economic fallout from the pandemic. If it’s passed, the bill would create BankCal, the first state government program in the nation to offer universal consumer banking. Through the program, participants could receive no-fee debit cards, direct deposits from employers and government agencies, electronic bill payment and ATM access, directly competing with private banks. The California Bankers Association opposes the bill, and argues that the state’s financial institutions already offer lower cost banking options. But the issues of the “underbanked” have become increasingly central during the COVID-19 pandemic, as racial and economic inequities widen. “The bill creates a way for Californians to bank without paying exorbitant fees — money that could be used for food and rent or rebuilding from the economic devastation wreaked by the pandemic,” said Assemblyman Miguel Santiago (D-Los Angeles), a lead author of the measure, Assembly Bill 1177. “If a rich person earns money, that money makes money. When a poor person earns money, that money is gouged from every corner. Financial institutions make enormous profit off the backs of those who … they say they help.” Today on AirTalk, we’re learning more about the California Public Banking Option Act. Questions? Give us a call at 866-893-5722. Guests: Jyotswaroop Bawa, organizing and campaigns director for the California Reinvestment Coalition, which focuses on financial and banking needs in communities of color and low-income communities and is based in San Francisco; she tweets @JyotswaroopK Rodney Ramcharan, professor of finance and business economics at USC, he served as the first chief of the Systemic Financial Institutions and Markets Section at the Board Governors of the Federal Reserve System Jack Humphreville, commentator on local and state budget and politics matters, member of the Neighborhood Council Budget Advocates, a group that gives feedback to city leaders on the budget, and a contributor to CityWatch, an online publication covering issues involving the City of Los Angeles; he tweets @Jack90020
April 8, 2021--Join Steve and Annie on Corporations and Democracy, for an interview with David Cobb, with the California Public Banking Alliance, and Ruth Kaplan, Co-Chair of the Massachussets Public Banking Campaign. A Public Banking bill in the CA State Assembly would enable the disadvantaged to do banking without depending on pay-day lenders.
I'm back after a brief hiatus dealing with a harasser (No, not a BofA Employee). Thank You for your patience and support with that bizarre issue last week. Today's pod is a single topic spawned from an article by Margot Roosevelt of the L.A. Times Article Here A bill in California is going to be introduced into their state assembly in the coming weeks which will be able to offer basic financial services like checking, savings, debit cards and bill pay access at no-cost to people in California, targeting mainly low-income folks, or those who are underbanked or unbanked. It will be under the name BankCal is approved. I discuss several topics in the podcast (It runs a little long, sorry) How I think it can be great, but requires employers, landlords, and other companies to accept and buy into the new format for customers of this new entity How infrastructure needs to be there (customer service, atm network affiliation, marketing and advertising) The narrative that big banks "already have low-cost options for customers" such as Safebalance Advantage at BofA (Which I call the "Safe to say your balance is going to be chipped away to our Advantage Account), Clear Access Checking or Opportunity Checking at Wells (I call it the "Opportunity to Screw You Account") and Chase Secure Checking (Which I call the "Chase Away Insecure Checking") and how it's a total lie. I speak about the fact that those accounts charge a flat fee, while richer folks have options to avoid fees easier, and the lack of overdrafts is a slight positive but doesn't stop bounced check fees at merchants when doing auto-pay I touch on the Wells Fargo "Unauthorized Account" Scandal and how this was a catalyst for change How Postal Banking was a topic of debate last year and why it won't work. How big banks aren't commenting on this proposal Use of money orders/check cashing services in communities of color and my experiences personally with that My skepticism of the solvency of this project on just $5 million and it's self-sustainment with just "interchange" (swipe fees) on debit cards. All My Links HERE MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker TheNotoriousBanker.com for detailed info on yours truly, and ways you can follow The Notorious Banker The Notorious Banker is on TikTok - @NotoriousBanker - 5600 FOLLOWERS Sponsors -james@theNotoriousBanker.com - Advertise your business with a growing, cutting edge podcast. Visit our Twitter Page @BankBetterGuy - Bank Advice, humor, observations, deals and VIGILANTE CUSTOMER SERVICE VM - 575-322-4127 (3M MAX) --- Support this podcast: https://anchor.fm/thenotoriousbanker/support
Comprehensive coverage of the day's news with a focus on war and peace; social, environmental and economic justice. Day 2 of former white cop, Derek Chauvin's murder trial for killing black man George Floyd. International leaders call for coordinated pandemic response. World Health Organization releases report of coronavirus origins, urges more studies. California lawmakers propose bill for public banking in the state. Fresno's diverse Tower District fights for its life. Protests spread in United Kingdom over gender-based violence and police bill. House Judiciary Subcommittee holds hearing on wrongful convictions and reforms to prevent them. The post Day 2 of former cop's murder trial for killing George Floyd; California lawmakers propose public banking system – March 30, 2021 appeared first on KPFA.
Carolyn Harding with Chuck Lynd and Lynn Stan with Simply Living, "a community organization that celebrates and connects people to learning opportunities that promote community sustainability, environmental awareness and our local economy through educational outreach and partnerships within our community." SimplyLiving.org Chuck Lynd is an educator, environmentalist, activist, an advocate for locally owned businesses, and co-leader of the Ohio Coalition for Public Banking. He is a founding board member of Simply Living, serves on the board of the Ohio Sustainable Business Council and the Advisory Committee for Elevate Northland. Chuck is married to Sheila Fox and together they volunteer and contribute to grassroots movements working to make our community more resilient and less dependent on the interests of corporate monopolies. Born and raised in Columbus, Ohio Lynn Stan has always felt lucky to wear these tags: a twin, an Olde Towne East resident, an Eastmoor High School graduate, business & arts administrator, local entrepreneur, connectician, and the one who married Charlie Einhorn who was part of the energy that created ComFest and the Hot Times Festival. Lynn is a Board Member for Simply Living and her 2021 mantra is Assets, Alliances & Actions all help make a compassionate & sustainable community. GrassRoot Ohio w/ Carolyn Harding - Conversations with every-day people, working on important issues here in Columbus and all around Ohio! There's a time to listen and learn, a time to organize and strategize, And a time to Stand Up/ Fight Back! Every Friday 5:00pm, EST on 94.1FM & streaming worldwide @ WGRN.org We now air on Sundays at 2:pm, EST on 92.7/98.3FM & streams @ WCRSFM.org & 4:00pm EST, at 107.1 FM, streams @ http://67.163.237.198:8000, Wheeling/Moundsville WV on WEJP-LP FM. Contact Us if you would like GrassRoot Ohio on your local station. Check us out and Like us on Face Book: https://www.facebook.com/GrassRootOhio/ Check us out on Instagram: https://www.instagram.com/grassroot_ohio/ If you miss the Friday broadcast, you can find it here: All shows/podcasts archived at SoundCloud! https://soundcloud.com/user-42674753 GrassRoot Ohio is now on Apple Podcast: https://podcasts.apple.com/.../grassroot-ohio/id1522559085 This GrassRoot Ohio interview can also be found on YouTube: https://www.youtube.com/user/cinublue/featured... Intro and Exit music for GrassRoot Ohio is "Resilient" by Rising Appalachia: https://youtu.be/tx17RvPMaQ8
Dr. Rick Staggenborg, President of the Linus Pauling Chapter of Veterans for Peace in Corvallis, Oregon and an activist for public banking talk about the need for Public Banking and how it might work and the current political situation in the US.
“If we change how the money flows, away from corporations who harm us, and towards what sustains us -- wow, that’s a game changer.” - Charlie Sciammas of PODER In this episode, Yuki Kidokoro, the Reinvest Project Director at Climate Justice Alliance, chats with organizers Charlie Sciammas and Reina Tello of People Organizing to Demand Environmental and Economic Rights (PODER) about public banking. What is public banking anyway? How does it build a better future for our communities? Join us for a fun and factual breakdown of this important idea, and learn how the public banking movement is spreading across California. “I saw public banking as a ray of hope -- Our money shouldn’t go towards terrorizing families and preventing them from having a home” - Reina Tello Links: Here’s a broad definition of the solidarity economy from the New Economy Coalition: https://neweconomy.net/solidarity-economy/ Learn about the Urban Action Learning Academy here: https://www.podersf.org/campaigns/working-together-economy-in-peoples-hands/urban-action-learning-academy/ Learn more about PODER here: https://www.podersf.org/about/ Learn more about PODER’s public banking effort as a Regenerative Economy Model Policy here: https://climatejusticealliance.org/modelpolicies/ Learn more about the California public banking efforts: Read about California’s Public Banking Act of 2019, California Assembly Bill 857, that empowers cities and regions to create their own banks: http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201920200AB857 Read a San Francisco Resolution urging Congress to Include Public Bank capitalization strategies in future Relief Bills (April, 2020): https://sfgov.legistar.com/View.ashx?M=F&ID=8267623&GUID=92B7B99C-748D-46E3-B32D-B67DEEFD0304 Learn about public banking efforts across the U.S. https://www.publicbankinginstitute.org/legislation-local-groups-by-state/#CA Poder sf instagram and twitter: @PODERSF poder.sf
Rohan Grey helped craft Congresswomen Tlaib & AOC’s Public Banking Act. He’s here to explain how it works and why it’s so important for people, states and communities in crisis.
Monday November 2, 2020 Public Banking Legislation Introduced in House
With the Federal Reserve creating wars and economic crashes a simple solution to banking is Public Banking! #PublicBanking #TheFed #Socialism Written, Edited & Filmed by Krish Mohan Music: "Blue" by Old Game Download their album: https://oldgame.bandcamp.com DONATE: http://ramannoodlescomedy.com/donate SHOW DATES: http://ramannoodlescomedy.com/shows/ Download my NEW album "Politely Angry": https://krishmohanhaha.com/politely-angry/ Download my album "Empathy On Sale": https://krishmohanhaha.com/empathy-on-sale/ Subscribe: krishmohanhaha.substack.com Interview Podcast: http://taboo-table-talk.libsyn.com FFON Podcast: http://ffonkrishmohan.libsyn.com MINDS: https://www.minds.com/KrishMohanHaha Thanks to our current Patrons: Adam & Swarna, Aiden, Lee & Eleanor, Eduardo, Gregory W., Gregg, Hayley, Jason, Joseph, Michael, Uli, Vickie, Jay, Kathryn, Zack, Amy, Bharat, Andrew S., Jay Jackson, Martha, Sara, Teri & Don!
With the Federal Reserve creating wars and economic crashes a simple solution to banking is Public Banking! #PublicBanking #TheFed #Socialism Written, Edited & Filmed by Krish Mohan Music: "Blue" by Old Game Download their album: https://oldgame.bandcamp.com DONATE: http://ramannoodlescomedy.com/donate SHOW DATES: http://ramannoodlescomedy.com/shows/ Download my NEW album "Politely Angry": https://krishmohanhaha.com/politely-angry/ Download my album "Empathy On Sale": https://krishmohanhaha.com/empathy-on-sale/ Subscribe: krishmohanhaha.substack.com Interview Podcast: http://taboo-table-talk.libsyn.com FFON Podcast: http://ffonkrishmohan.libsyn.com MINDS: https://www.minds.com/KrishMohanHaha Thanks to our current Patrons: Adam & Swarna, Aiden, Lee & Eleanor, Eduardo, Gregory W., Gregg, Hayley, Jason, Joseph, Michael, Uli, Vickie, Jay, Kathryn, Zack, Amy, Bharat, Andrew S., Jay Jackson, Martha, Sara, Teri & Don!
We are in the midst of class war says Ellen Brown speaking with Latin Waves host Sylvia Richardson The pandemic reveals the government can make available money on demand. Unfortunately the money has been channeled to bail out banks once again.
Check out this interview with Marc Armstrong of the Public Banking Institute. This alternative to the current private Federal Reserve can end the debt spiral for state and local governments around the United States.
In this episode of The Shift, host Doug McKenty speaks with Ellen Brown and Walt McRee of The Public Banking Institute about money, debt slavery, the speculative economy and the public banking solution. We live in an economy controlled by central bankers who create money by lending a debt-based fiat currency and charging interest. Find out how that interest finds its way into the speculative economy for the benefit of the very rich, and how a public bank can keep that interest in your community for the benefit of the people on the street! Find out more about public banking at http://www.publicbankinginstitute.org and http://www.publicbankingassociates.com, and as always go to http://www.theshiftnow.com for more about making The Shift.
The Fed and The Big Bank Wealth Heist. Why We Need Public Banking- Ellen Brown
The Federal Reserve has been subsidizing the megabanks, but what's needed is an institution that provides the backstop, the loan guarantees, the subsidies, the lines of credit, et cetera, to support the development of a whole variety of public financial institutions. Gerald Epstein on theanalysis.news podcast with Paul Jay.
Ellen Brown has written what will become one of THE most important books of our time. She eloquently educates us on how the democratization of money is the very foundation of a free society in her book Web of debt, In this weeks show host Sylvia Richardson talks about the need for a UBI, Green New Deal and the role public banking could play in transforming how our society is run.
Ellen Brown has written what will become one of THE most important books of our time. She eloquently educates us on how the democratization of money is the very foundation of a free society in her book Web of debt, In this weeks show host Sylvia Richardson talks about the need for a UBI, Green New Deal and the role public banking could play in transforming how our society is run.
With the power of the financial sector overwhelming politics and the economy, are publicly owned banks the answer? Ellen Brown joins Paul Jay on theAnalysis.news podcast.
Women's Spaces Radio Show with host Elaine B Holtz and guests Laura Wells on Public Banking and Supervisor Susan Gorin, Chair, on Sonoma County's Coronavirus Guidelines, broadcast via KBBF-FM 89.1 on 4/27/2020 - Show ID: WSA200427.The audio file with referenced links and music playlist are available on the show's web archive page at http://www.womensspaces.com/ArchiveWSA20/WSA200427.html
Women's Spaces Radio Show with host Elaine B Holtz and guests Laura Wells on Public Banking and Supervisor Susan Gorin, Chair, on Sonoma County's Coronavirus Guidelines, broadcast via KBBF-FM 89.1 on 4/27/2020 - Show ID: WSA200427.The audio file with referenced links and music playlist are available on the show's web archive page at http://www.womensspaces.com/ArchiveWSA20/WSA200427.html
Sparky speaks to Lev Menand, academic fellow and lecturer at Columbia Law School, who answers all Sparky's questions about the Federal Reserve: what it is, what money is, how banking works, Modern Monetary Theory—and, of course, whether money printer go brrr. This is a preview of an episode available in full to our Patreon subscribers. To gain full access to this episode, as well as lots of other fantastic bonus content, please consider becoming one of our subscribers at www.patreon.com/CurrentAffairs!
Hi, this is Anna Callahan and you’re listening to Incorruptible Massachusetts. Our goal is to help people understand state politics: we’re investigating why it’s so broken, imagining what we could have here in MA if we fixed it, and reporting on how you can get involved. Today I’m interviewing Charles Grigsby from Mass Public Banking Group. Their mission is to persuade the legislature to authorize a public bank in MA. This interview was a surprise to me. I wasn’t surprised to find out how beneficial a public bank could be, but I was surprised to find that the effort to pass this legislation was a perfect example of the broken nature of the state house. The city of Boston spends 67 million dollars a year just on interest — that’s money that comes out of your pocket in taxes and goes to the 1% owners of Wall St companies. Every city in MA does this, and it makes municipal projects cost 30%-50% more than they normally would. Having a public bank would save every city in Massachusetts millions of dollars. It’s a total no-brainer. So why are we not able to pass this legislation?If you have been listening to this podcast, you won’t be surprised by the answer. Both the Governor and the Speaker of the House directly benefit from us not having a public bank. The Governor gives out grants to cities and towns, and in return mayors have to play nice with him. Speaker DiLeo also hands out state money to house districts called “budget earmarks”. This is just one of the powers he has that gives him so much influence, and why house members do what he tells them to do rather than voting the way their constituents want them to.A public bank would reduce the concentration of power we have in our state. It would give cities more autonomy; it would mean that districts were not so desperate for these earmarks. So the speaker will make sure this doesn’t pass, because it would reduce his personal power over state reps, and consequently over what laws can pass in our state.In any other state, we’d ask you to call your state rep and insist that they co-sponsor the public banking bill. But here in MA, your state rep could sign on officially as a cosponsor, then secretly kill the bill because you have no way of knowing how your state rep votes. So all this points to how important it is that we make our state house transparent. Chuck began as an international banker at Bank of Boston. He has managed a minority enterprise venture capital fund, served on the Board of Boston Private Bank, was President of Mass Growth Capital Corp. In addition to being on the steering committee of Massachusetts Public Banking he is on the advisory board for the Public Banking Institute.Support the show (https://www.patreon.com/incorruptible_massachusetts)
Public banking is a hot topic in progressive circles. We at Macro n Cheese support it as long as it serves the public purpose, but not all visions of public banking are equal. Luckily, we have Nathan Tankus to help us navigate the shoals. In this second episode of a three-part series, Nathan begins by addressing the overall question of banks as public institutions. All banks, whether private, public, or democratic cooperatives, are given government charters and must abide by regulations. There may be similarities in the structure of governance, but when it comes to incentives, they are very different creatures. Nathan compares the different kinds of banks, including China’s state-owned banking system and looks at possibilities for regulations and services. Steve brings up proposals for infrastructure banks and the concept of financing public spending through a network of public banks. Some of these ideas don’t necessarily jibe with the MMT perspective; Nathan, Raul Carrillo and Andres Bernal recently wrote an article in Business Insider making the case that the federal government must pay for the Green New Deal. Full stop. The power of the federal purse is far superior to public-private partnerships or, worse, nudging the private sector to finance local public projects. Public banks can and should provide much-needed services -- at present, state and local governments keep their funds in, and make payments through, private banks that charge astronomical fees for the privilege. (We’re looking at you, Wells Fargo.) Nathan explains what it means to be “unbanked” or “underbanked,” as with individuals and communities who are denied services by the private banking industry. Much of this is taken for granted by those who have always had access. Banks provide a place to cash a check or receive automatic deposits from one’s employer, not to mention mortgages and car loans. In the US, the poor are crowded out of the banks and pushed towards predatory actors like check-cashing and payday lenders -- the high cost of poverty. Public and postal banks would provide normal banking services for those who are traditionally excluded. Nathan suggests that rather than simply making loans, public banks should award grants and emergency funds to individuals. In the second half of the episode, Steve and Nathan turn to a positive vision of the future. Steve refers to the combination of the Green New Deal, Medicare for All, a Federal Job Guarantee and a universal right to housing as an end-to-end, 360-degree plan to address inequality. Nathan looks at different aspects of each and how they are interconnected. For example, right now people migrate to a handful of metropolitan areas because that’s where they can find employment. With the job guarantee, previously abandoned communities can be revitalized, housing can be refurbished and retrofitted, and choices can be made based on preference rather than necessity. Nathan points out that a minimum wage is a leaky wage floor; it’s meaningless for those who don’t have a job. The FJG provides a true floor, forcing employers to compete with wages and benefits. Creating a “just transition” for unemployed coal miners will require more than FJG jobs. With the other social insurance in place, compensation will more nearly approximate their lost salaries. They will need childcare, supplemental income through an expanded Social Security or basic income, affordable housing, and free education. In the heat of this presidential campaign season, candidates are competing for our attention with complicated proposals. After listening to this episode you’ll be equipped to unpack their promises and assess them through a true MMT lens. https://www.businessinsider.com/green-new-deal-climate-change-government-spending-no-private-money-2019-9 Nathan Tankus is Research Director at Modern Money Network. @NathanTankus on Twitter
Why is poverty so expensive? What is a true public bank? How do we guarantee housing as a right? What is a just transition? Join Steve and special guest Nathan Tankus
Public Banking is a Revolution, the continued strange case of Epstien's death, more stories about Pipelines and so much more! Live Stand Up Comedy in Philadelphia, Dallas & Austin!
Moment of Clarity - Backstage of Redacted Tonight with Lee Camp
Public Banking is a Revolution, the continued strange case of Epstien's death, more stories about Pipelines and so much more! Live Stand Up Comedy in Philadelphia, Dallas & Austin!
A law authorizing local governments to charter public banks was signed by Governor Gavin Newsom and amounts to an enormous condemnation of the monopolistic Federal Reserve Bank. The international bankers, who have used public money to finance every war since 1913, will bring all their power to bear to stop the California Public Banking Act. They have already started the attack, as we will explain subsequently. The Public Banks will not dare to spend depositor money to fund wars, and the Federal Reserve Bank knows it. The counterattack has already begun. The international Banker controlled press's limited reporting of this milestone event is the first sign of their massive counterattack. We Hold These Truths hopes to help expose it, and to encourage public banking nation wide. Listen to Charles Carlson put Public Banking into perspective with other issues in this 17-minute podcast. References: "California Public Bank Bill Becomes Law" and "California Rebukes Predatory Wall Street Megabanks With New Public Bank Law." More from WHTT on Public Banking.
On this episode of Solutions News, Rinaldo interviews U.S. Congresswoman Katie Porter about congressional oversight and the role of regulation in banking. This fascinating conversation should not be missed!
#24. October 13, 2019. My next guest is Walt McCree with the US-based Public Banking Institute (and Associates). Walt and I discuss the importance of this weeks decision of California's State Governor Gavin Newsom that allows California cities and counties to create their own public banks, making the state one of just two (after North Dakota in 1919 and the province of Alberta (Canada) in 1938) to legalize institutions of that kind. Governor Gavin Newsom signed the Public Banking Act, or AB 857, which will allow city and county governments to create, or sponsor, public banks. Those banks will in turn provide public agencies access to loans at interest rates much lower than they could find at private banks. Supporters say the change sets the stage for funding infrastructure demands or providing loans to developers to help meet affordable housing needs. Walt and I discuss the importance of this historical victory for public banking and why public banking is a key piece of the architecture for building flourishing economies of well-being. --- Send in a voice message: https://anchor.fm/mark-anielski/message
To describe the intervention—the strike—as the cause of all attendant harms suggests that the status quo (to which the strike is a response) is blameless.
Governor Gavin Newsom signed a bill that lets municipalities sponsor public banks, and Los Angeles' City Council is creating a proposal for one. David Jette of Public Bank LA says this will help cities and counties invest in affordable housing and renewable energy.
Revolutions Per Minute - Radio from the New York City Democratic Socialists of America
You’re listening to Revolution Per Minute on listener sponsored WBAI in NYC broadcasting at 99.5 FM and streaming on your favorite podcast app. To connect with us after the show you can email us at revolutionsnyc@gmail.com or sign-up for our newsletter to get links to what we talk about on the show. You can do that on at our website revolutionsperminute.simplecast.com. You can also find us on twitter @nycRPM.If you're interested in fighting back against the WBAI Lockout please reach out to redwavewbai@gmail.com. This is a sad day for us, WBAI, local independent media, and the radio community nationwide. We will be putting out further information in the coming days.
In this episode we're discussing: (1) Federal judge blocks California law requiring Trump to release tax returns to appear on ballot; (2) California legalizing public banking and (3) Ten of the Country's "most miserable" cities are located in California.
Ellen Brown is the founder of the Public Banking Institute and the author of a dozen books and hundreds of articles. She developed her research skills as an attorney practicing civil litigation in Los Angeles. In the best-selling Web of Debt (2007, 2012), she turned those skills to an analysis of the Federal Reserve and “the money trust,” showing how this private cartel has usurped the power to create money from the people themselves and how we the people can get it back. In The Public Bank Solution (2013) she traces the evolution of two banking models that have competed historically, public and private; and explores contemporary public banking systems globally. She has presented these ideas at scores of conferences in the US and abroad, including in England, Ireland, Scotland, Wales, Canada, Iceland, Ireland, Switzerland, Sweden, the Netherlands, Germany, Croatia, Malaysia, Mexico and Venezuela. Today, we're able to fold in her most recent book into the conversation as well: Banking On The People: Democratizing Money In The Digital Age Links: EllenBrown.com Ellen's Amazon Author Page The Public Banking Institute
Andres Bernal says we're meant to be infinitely creative and learn from one another. What does this have to do with MMT and the GND? Listen to episode 32 and find out.
We’re fortunate to have a close friend and advisor of Alexandria Ocasio Cortez as our guest for this episode. Andrés Bernal’s optimistic and expansive point of view is contagious and inspiring. Explaining the source of his optimism in this terrifying time, Andrés says he is influenced by historical struggles for justice: the Black struggle, from abolition to the civil rights movement and beyond, the struggle of indigenous communities, and the liberation movements of colonized nations. In seemingly impossible situations, against all odds, people persevered. What emerged are the most beautiful examples of solidarity. Andrés was a philosophy major, with concern for deconstructing knowledge, questioning what we know and how we know we know it. Perhaps this explains the direction his life has taken. Whether his boundless curiosity is innate or epistemological, his passion for humanity is palpable. He believes that cynicism is the fastest way to destruction and the antidote is a genuine search for knowledge. He has managed to combine his disciplined pursuit of greater understanding with a belief that we can build a society of abundance that’s grounded in human creativity and based in a caring economy. In this interview he has the same reasoned enthusiasm when explaining the Green New Deal, a federal job guarantee, or public banks. Andrés relates the story of his long friendship with AOC and how her political evolution coincided with his developing understanding of Modern Monetary Theory, which he shared with her. This magical confluence has had history-altering consequences; she is a major reason MMT has broken through the surface, and the ripples have not yet been stilled. She put the job guarantee on her platform and told a reporter that MMT should be part of the national discussion. She challenged the accepted wisdom that there’s a natural rate of unemployment, below which society will collapse, or face some calamitous fate. The chairman of the Federal Reserve was forced to agree with her, publicly. This interview covers enough wonky material to satisfy regular fans of Macro N Cheese. But Andrés also inspires us to unleash our imagination, reconsider the nature of work, and plan for a future that meets all our needs. Andrés Bernal is Lecturer of Urban Studies at CUNY Queens College, Doctoral student in Public & Urban Policy at The New School, and policy advisor, political organizer and Green New Deal scholar. https://www.huffpost.com/entry/opinion-green-new-deal-cost_n_5c0042b2e4b027f1097bda5b Andrés-Bernal.com @andresintheory on Twitter
Ellen Brown has written what will become one of THE most important books of our time. She eloquently educates us on how the democratization of money is the very foundation of a free society in her book Web of debt, In this weeks show host Sylvia Richardson talks about the need for a UBI, Green New Deal and the role public banking could play in transforming how our society is run.
In June, we gave a presentation to business students at Southern Oregon University about debt. They were surprised when we described how money comes into circulation as debt with compounding interest owed to private banks. We explained how this design fuels the need for the economic growth that is harming people and planet. It became […]
On this episode, Mark Morris speaks with Madeline Merritt, Core Organizer for Public Bank LA and Member of California Public Banking Alliance. She speaks about the campaign supporting AB 857, The Public Banking Act, in an unprecedented partnership between the grassroots and lawmakers. She is a water protector and community organizer who seeks to transform global systems to put the long term interests of people and planet over the short term interests of the few. Public Banks and the Green New Deal: https://californiapublicbankingalliance.org/wp-content/uploads/2019/05/Public-Banks-and-GND.pdf https://californiapublicbankingalliance.org/ https://publicbankla.com/ https://www.divestla.com/ Interview by Mark Morris Host: Jessica Aldridge Engineer: Blake Lampkin Executive Producer: Jack Eidt Show Created by Mark and JP Morris Music: Javier Kadry Episode 33
Ellen Hodgson Brown is an American author, attorney, public speaker, and advocate of alternative medicine and financial reform, most prominently public banking. Brown is the founder and president of the Public Banking Institute, a nonpartisan think tank devoted to the creation of publicly run banks. Host Sylvia Richardson speaks to Ellen about how the interest on the federal reserve debt is unsustainable and how the rules are written by the big banks, the public good that could be had by changing to a public banking system . How in the past the US prospered under such a system and how populist movements across the world are demanding change from the status quo.
Ellen Hodgson Brown is an American author, attorney, public speaker, and advocate of alternative medicine and financial reform, most prominently public banking. Brown is the founder and president of the Public Banking Institute, a nonpartisan think tank devoted to the creation of publicly run banks. Host Sylvia Richardson speaks to Ellen about how the interest on the federal reserve debt is unsustainable and how the rules are written by the big banks, the public good that could be had by changing to a public banking system . How in the past the US prospered under such a system and how populist movements across the world are demanding change from the status quo.
Today we’re talking about Public Banking, CD12, Bridge Housing at not-Koreatown over in Lafayette Park, Stop LAPD Spying, the LAPD Use of Force Report, and some fantastic news at the state level regarding capital punishment, with special guest John Motter. To read the use of force report on Eric Rivera click here: https://www.documentcloud.org/documents/5765368-LosAngelesPoliceEricRivera04202018OISFile.html
As the World Economic Forum takes place in Davos, Switzerland, we talk about the way central banks steer world development and for whom. Former Goldman Sachs managing director Nomi Prins, author of "Collusion: How Central Bankers Rigged the World," and public ownership researcher, Thomas Hanna, author of “Our Common Wealth: The Return of Public Ownership in the United States,” and Research Director at The Democracy Collaborative, believe that banking, and development, could be very different. Music featured: “You & Me” by Danny McGraw. Support theLFShow!
Skinalow Full length - Coupstick; Theory - Second Base Benitez; NISAKIHTAN KIYA KISOSKATOWIN - The JOHNNYS, Standing Rock - Stevierigsby, Burn - The Black Owl Society; Geeknotes: 11/19 - W4tB-Annual LHM Poetry Wheel and Cassaundra Bingaman @ Uncharted Books, Chicago, 11/19 - Public Banking 101 @ Alley Cat Books, SF, 11/19 - Join the Movement Presents - A Benefit for Puerto Rico @ The Chapel, SF, 11/20 - End the War in Yemen Rally @ Pelosi's Office, San Francisco Federal Building, 11/22 - The Truth about Thanksgiving: A Tribute to Indigenous and African People @ Uhuru Pies, Oakland; Practice - Booster Box Drafting; Native - Grizzleboogie
This week on the Next System Podcast David Jette from Public Bank LA and Juleon Robinson from Public Bank NYC sit down to discuss the transformative potential of public banks. These institutions aim to hold finance publicly accountable, directing credit into the real economy with the public goods prioritized over profit. Transcripts of all Next System Podcast episodes are available at https://thenextsystem.org/learn/collections/next-system-podcast. The Next System Podcast is available on iTunes, Soundcloud, Google Play, and Stitcher Radio. You can also subscribe independently to our RSS feed here.
Phoenix Goodman is pushing for public banking in which he says will create more money & wealth for the city. He works with Public Bank LA & says that if this happens, cities can save billions around the big banks.
Josh Androsky talks about Public Banking and fighting back against Wall Street! PLUS the Facebook Purge, a new Trade Deal, what's going with Syria and so much more! New LIVE Stand Up Comedy dates in San Francisco, Santa Cruz, LA, San Diego!
Moment of Clarity - Backstage of Redacted Tonight with Lee Camp
Josh Androsky talks about Public Banking and fighting back against Wall Street! PLUS the Facebook Purge, a new Trade Deal, what's going with Syria and so much more! New LIVE Stand Up Comedy dates in San Francisco, Santa Cruz, LA, San Diego!
Challenging the international bankers and the corrupt mega-banks is no small task. Phoenix Goodman, co-founder of the PublicBankLA movement, discusses with Chuck Carlson and members of We Hold These Truths, his group's intriguing efforts to get the City of Los Angeles to start a public bank. Los Angeles manages more than five billion dollars in annual revenue collected from tax, fee and fine payers. The city paid over $109 million in transactional and origination fees to commercial banks in 2016. In an era of consolidation, where banks have grown too-big-to-fail, any discerning city will soon run out of options of where to put its money. The PublicBankLA campaign has convinced the Los Angels City Council to put an iniative for starting a city, public bank on the ballot for voter approval. A very successful example of a public bank is the Bank of North Dakota that has been existence for almost 100 years. For articles by WHTT about public banking: Click here (32 minutes)
Clearing the FOG with co-hosts Margaret Flowers and Kevin Zeese
Public Banks exist around the world. They are used to hold public dollars, such as taxes and fees, to keep the money local so it serves the public interest, instead of giving it to Wall Street banks who charge high fees and interest rates. There is only one public bank so far in the United States, the Bank of North Dakota. It has been in existence for almost 100 years. Now, thanks to the work of the Public Banking Institute, there is a vibrant movement to create more public banks in the U.S. at the city and state level. We speak with Walt McRee and John Comerford about the reasons to support public banks, how they would serve people instead of Wall Street profits and current efforts across the country. For more information, visit www.ClearingtheFOGRadio.org.
Cenk Uygur interviews Phoenix Goodman and Trinity Tran, from DivestLA and co-founders of Public Bank LA, to discuss public banking. Learn more about your ad choices. Visit megaphone.fm/adchoices
From the Public Banking Institute, Emeritus Economist Walter McRee discusses the FED, Bitcoin and how debt is used to run the economy. Plus, the truth behind Cuba, an update on the Battle for the Net and so much more!
Moment of Clarity - Backstage of Redacted Tonight with Lee Camp
From the Public Banking Institute, Emeritus Economist Walter McRee discusses the FED, Bitcoin and how debt is used to run the economy. Plus, the truth behind Cuba, an update on the Battle for the Net and so much more!
1. Financial vultures circle bail-in bonds—banks are about to keel over 2. Economic reality persuades more to support public banking Presented by Robert Barwick and Craig Isherwood Support the new CEC petition, go to www.cecaust.com.au
Ralph talks to Ken Reed, policy director for League of Fans about his book Ego Vs. Soul in Sports and also answers your questions on the state of the Democratic Party and public banking.
Dr Liz Elliot discusses the power of public banking in light of the recent election. Pfft banking fees, creating money out of thin air is what matters. Then we visit a bio-dynamics workshop to discuss this creative perspective on connecting with the land. Show notes - http://www.earthsharing.org.au/1oG
From poisoning Flint to bankrupting Main Street, can residents regain a say in what happens in their communities? In this episode, Laura discusses race, gender, and banking with Gwendolyn Hallsmith, the author of Vermont Dollars, Vermont Sense, and she asks Michigan Congresswoman Brenda L. Lawrence who - and what - failed the people of Flint, MI. Plus an F Word from Laura on shedding light on dark money. What might media cover if they weren't so obsessed with Donald Trump?
Edition #928 Today we take a look at the malfeasance of the big banks and the political corruption that lets them get away with it Be part of the show! Leave a message at 202-999-3991 Show Notes Ch. 1: Opening Theme: A Fond Farewell - From a Basement On the Hill 00:00:30 Ch. 2: Act 1: This Bank is a Criminal Enterprise and the U.S. Government Doesn't Care - @majorityfm - Air Date: 02-09-15 Ch. 3: Song 1: Banks of Marble and Other Songs - Pete Seeger 00:06:45 Ch. 4: Act 2: HSBC Bank: criminal enterprise - Disorderly Conduct (@Dis_Con) - Air Date: 2-18-15 Ch. 5: Song 2: Hard to Say I'm Sorry / Get Away - Chicago 00:19:24 Ch. 6: Act 3: Billionaire Banker Says Life Is Too Hard - @theyoungturks - Air Date: 01-18-15 Ch. 7: Song 3: No More Tears (Enough Is Enough) [with Donna Summer] - Barbra Streisand 00:26:45 Ch. 8: Act 4: Wall Street Pays Bankers PAID to Infiltrate the US Government - @RedactedTonight w/ @LeeCamp - Air Date: 02-19-15 Ch. 9: Song 4: Revolving Door - Jon Brion 00:30:48 Ch. 10: Act 5: The case for a Robin Hood tax - Economic Update w/ @profwolff - Air Date: 1-18-15 Ch. 11: Song 5: Robin Hood (Remastered) - Single - Dick James 00:36:45 Ch. 12: Act 6: Iceland Does The Unimaginable To Its Criminal Bankers - @theyoungturks - Air Date: 03-13-15 Ch. 13: Song 6: Jailhouse Rock - Elvis Presley 00:42:06 Ch. 14: Act 7: Wall Street Skates Away Free From All Prosecutions For 2008 Collapse - @RedactedTonight w/ @LeeCamp - Air Date: 05-04-15 Ch. 15: Song 7: Shame - The Avett Brothers 00:44:58 Ch. 16: Act 8: Public Banking via @PublicBanksNow & @DemocracyCollab — Best of the Left Activism Ch. 17: Song 8: Right to Complain - Trombone Shorty & Marc Broussard 00:48:42 Ch. 18: Act 9: Banks plead guilty, face no consequences - @HumorlessQueers - Air Date: 6-2-15 Voicemails 00:58:28 Ch. 20: What is the progressive idea on education? - David From Cinncinatti 01:00:34 Ch. 21: A loss of unconcious privilege feels like oppression - Jim in Detroit Suburbs 01:00:59 Ch. 22: What's the progressive idea for education funding? - Chuck in Salt Lake City Voicemail Music: Loud Pipes - Classics 01:04:22 Ch. 23: Final comments on why we need to change how education is funded Closing Music: Here We Are - Everyone's in Everyone Activism: Public Banking via @PublicBanksNow & @DemocracyCollab Take Action: Get involved with The Public Banking Institute by: Supporting a Local Initiative, Volunteering, and/or Joining a Chapter! Sources/further reading: "Inequality’s Dead End — And the Possibility of a New, Long-Term Direction” by Gar Alperovitz of The Democracy Collaborative "Vermont Votes for Public Banking” by John Nichols at The Nation "Public banking debate starts in Santa Fe” at Albuquerque Journal "Public Banking Institute a Partner to a New Project on Economic Alternatives” via The Public Banking Institute WATCH: "National Launch Webinar: The Next System Project Written by BOTL social media/activism director Katie Klabusich Produced by Jay! Tomlinson Thanks for listening! Visit us at BestOfTheLeft.com Check out the BotL iOS/Android App in the App Stores! Follow at Twitter.com/BestOfTheLeft Like at Facebook.com/BestOfTheLeft Contact me directly at Jay@BestOfTheLeft.com Review the show on iTunes and Stitcher!
Dave and this week's co-host Lynn will introduce "Lives in the (Balance Sheet) Blog Talk Radio which will take an in depth look at critical financial issues working people a/k/a wages and debt slaves, face in their daily lives - including but not limited to healthcare debt, credit card debt, student loan debt and mortgage debt. LITBS will share information on civil disobedience and direct actions: Trans Pacific Partnership, Net Neutrality, Move to Amend (the Constitution), Mass Incarceration & Prisons for Profit (the new Jim Crow), Fracking & Fracking Waste Management, Immigration, Civil Rights, Civil Disobedience, NSA/NDAA, Peace Economy vs. War Economy, Animal Rights, Climate Change, Veterans' Affairs, Consumer Finance Protection Bureau, Election Campaign Finance, Clean Energy, $15 Now Minimum Wage, Public Banking, Postal Banking, Fawning Corporate Media vs. Independant Media, PFANS and Music with a Message! Future programs will feature the music and lyrical genius of Tom Neilson, David Rovics, Professor Louie, and others. Political Economic history teaches that systemic problems require systemic solutions. As George Carlin told us, "The system ain't broke. Its fixed!" Yes. Fixed against the best interests of the 99%. "Enlighten the people generally, and tyranny and oppressions of body and mind will vanish like evil spirits at the dawn of day." - Thomas Jefferson. "The most prevalent censorship today is censorship of any thoughts outside of corporate ideaology. Information which leads to critical thought on the established power structure is omitted from public consciousness. The more important something is, the less it is reported (by lamestream Fawning Corporate Media) " - David DeGraw
Clearing the FOG with co-hosts Margaret Flowers and Kevin Zeese
Bill Black, associate professor of economics and law and leading investigator of financial fraud, discusses the rampant fraud and corruption in the financial system, the misguided response to the financial crisis by the government and solutions that would bring greater accountability and stability to the economy. Then Ellen Brown, chair and president of the Public Banking Institute, joins us to talk about the new Cypriot model of seizing depositor’s funds to bail out banks, whether that could happen in the US and the advantages of public banking. For more information, visit ClearingtheFOGRadio.org.
Ellen Brown, the author of The Web of Debt and the chairman and president of the newly formed Public Banking Institute, gives us an update on the progress that has been made in the public banking movement.