Green Social Thought

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Tag: public banks

  • Blackstone, BlackRock or a Public Bank? Putting California’s Funds to Work

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    by

    rsburke
    in

    http://EllenBrown.com May 26, 2018     California has over $700 billion parked in private banks earning minimal interest, private equity funds that contributed to the affordable housing crisis, or shadow banks of the sort that caused the banking collapse of 2008. These funds, or some of them, could be transferred to an infrastructure bank that…

  • The War on the Post Office

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    by

    rsburke
    in

    http://EllenBrown.com March 16, 2018   The US Postal Service, under attack from a manufactured crisis designed to force its privatization, needs a new source of funding to survive. Postal banking could fill that need. The US banking establishment has been at war with the post office since at least 1910, when the Postal Savings Bank…

  • The Savings and Stability of Public Banking

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    by

    fitzdon

    As a society obsessed by money, we pay a gigantic price for not educating high school and college students about money and banking. The ways of the giant global banks – both commercial and investment operations – are as mysterious as they are damaging to the people. Big banks use the Federal Reserve to maximize…