Here are a few tools for approaching friends, voters and congresspeople and giving presentations.
1. A tri-fold flyer that could be useful for seeding the ideas raised in this website and blog is here: flyer – state-owned bank 12-09.
Another tri-fold flyer, from the Public Banking Institute (PBI), summarizing the arguments for a state-owned bank is here:
How States Can Solve Their Budget Crises: Own a Bank.
Another tri-fold flyer, from the Public Banking Institute (PBI), explaining money and banking is here:
Reclaim the MONEY POWER with Publicly Owned Banks: OCCUPY BANKS.
2. A power point presentation on the state bank option is here: state bank pp 8-09. It can be adapted to suit, but the cartoons and charts are drawn from the Internet and could be copyrighted, so use for educational purposes only please.
Update: A power point presentation for a state bank for Washington State, created by Dennis Eros, is here: State Bank for Washington, 26-Feb-2010.
Update: Ellen Brown’s presentation on a state bank for California is here: “How California Can Create its Own Credit: Own a Bank,” 14-Aug-2010.
Update: Ellen Brown’s presentation on a state bank for California is here (presentation given 9-Dec-2010, in San Rafael, CA: “How California Can Create its Own Credit: OWN A BANK!,” 9-Dec-2010.
Update: PBI (Public Banking Institute) presentation on a state-owned banks is here (presentation given 16-Apr-2011, in Lummi Island, WA: “How States Can Create their Own Credit: OWN A BANK!,” 16-Apr-2011.
Update: A presentation by Ellen Brown at the University of Washington, in Seattle, WA, October 11, 2011: “The Public Option in Banking,” 11-Oct-2011.
Update: A presentation by Ellen Brown at the Public Banking Institute’s inaugural Conference in Philadelphia, PA, April 27-28, 2012: “From Austerity to Prosperity with Publicly-Owned Banks,” 27-Apr-2012.
Update: A presentation by Ellen Brown to the RSA (Royal Society for the encouragement of Arts, Manufactures and Commerce) Scotland, 22 November 2012: “A Public Bank for Scotland?,” 22-Nov-2012.
Update: A presentation by Ellen Brown at the 3rd Annual World Conference on Riba, 26-27 November 2012: “Public Banking: Making Money Work for the People, 26/27-Nov-2012.
3. For an excellent tutorial with live charts on how banking really works, including capital and reserve requirements and fractional reserve lending, see “Banking and Money,” http://www.khanacademy.org.
4. A sample letter to Congressmen for forming a state bank, drafted by Charlie Fleetham, is below. It can also be modified to suit –
Dear Elected Official,
I would like to take this opportunity to present an idea for your consideration – creating a state bank in _________. This proposal has been fleshed out in an article by Ellen Brown, noted author and expert on banking and the causes of our nation’s financial collapse, available here –
“Cash-starved States Need to Play the Banking Game: North Dakota Leads the Way”
The reason for a state owned bank is simple – we have lost control of our finances. Our municipalities are burdened with legacy debt and aging infrastructure and the only way to fix the infrastructure is to bond through Wall Street. We can’t take any more taxes, but indebting us to Wall Street has cost us dearly and the costs will only increase as the national credit crunch continues to squeeze us at home and in our neighborhoods.
Our businesses are also suffering from the credit crunch. National banks are canceling lines of credit for businesses with excellent credit ratings. Shopping centers are emptying out, and it seems like another friend loses his or her job every week. As for the future – it’s bleak. Credit is all but drying up as scare resources get diverted to bail out Wall Street.
A state bank, capitalized by our own taxpayers, would allow us to fund commercial development, mortgages, municipal debt, mortgages and student loans. Fortunately, we have a model. North Dakota has had a state bank since 1919 and this year the state has a $1 billion plus surplus!
I urge you to support legislation to create a state bank today.
5. Create your own correspondence! A suggested draft that one can edit, change, or revise is here.
7. Sign this petition for a California state bank here.