Cut Benefits to Bankers, Not Public Services (One Good Cut)

onegoodcut.org • February 7, 2011

Instead of cutting schools, hospitals, and police on the streets, why not cut benefits for bankers?

This short video explains our Plan B for public services and the UK economy:

Check out the website “One Good Cut” here.

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Ellen Brown Talks Web of Debt, The Wizard of Oz, Inflation, Deflation

SaabStoriesAudio • February 14, 2011

Tarek Saab interviews Ellen Brown about her excellent book, Web of Debt, as well as the allegory of the Wizard of Oz, food riots in Eqypt, and much more. Listen to the audio: Part I, Part II, and Part III.

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Senate BILL 789B introduced to establish the Maryland State Bank Commission to review and evaluate the creation of a Maryland State Bank!

Senate BILL 789B introduced to establish the Maryland State Bank Commission to review and evaluate the creation of a Maryland State Bank!

Sponsor: Senator Raskin
Entitled: Maryland State Bank Commission – Study and Report

Synopsis:

Establishing the Maryland State Bank Commission to review and evaluate the creation of a Maryland State Bank; providing for the membership and staffing of the Commission; prohibiting members of the Commission from receiving specified compensation, but authorizing the reimbursement of specified expenses; requiring a final report by a specified date; etc.

Read about the bill here, the text of the bill here.

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Small business owners back state bank, survey says

By James Mayer • The Oregonian • January 12, 2011

Small businesses in Oregon are still struggling to find credit, and a majority support the idea of a state bank, according to a survey released today by the Main Street Alliance of Oregon.

The group, formerly the Oregon Small Business Council, surveyed 115 businesses in 28 communities late last year.

…The group is pushing the idea of a state bank, similar to one in North Dakota. The state bank there provides matching funds for loans to commercial banks to support small business lending. The group plans to propose the concept to the Oregon Legislature this year.

Three-fourths of business owners in the survey supported that idea.

“Oregon has a great opportunity to create a solution that will generate small business lending, and create jobs by investing in the local community — a state bank in Oregon is just the way to make that happen,” said Jose Gonzalez, owner of Tu Casa Realty in Salem.

Read entire article here.

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A Bank of Washington could help state businesses on road to recovery

By Gregg Lanza and Makini Howell • The Seattle Times • February 3, 2011

THE promise of Democrats and Republicans finding common ground in an increasingly partisan age can often feel like a political pipe dream. But as small-business owners who are on the front lines of the economic recession, our needs go beyond politics.

One of us is a staunch Republican, the other a lifelong Democrat. Regardless of party affiliation, we are pragmatic, and we both acutely feel the credit crunch that is devastating small businesses.

Small businesses and family farmers are experiencing the greatest drop-off in lending since the Great Depression.

…The concept is simple: Instead of depositing our tax dollars in an out-of-state bank, why not keep our money local, promoting economic growth?

It’s based on a proven, bipartisan model. For more than 90 years, the Bank of North Dakota has partnered with local community banks to boost small-business and family-farmer lending. The bank returns profits to the state’s general fund, easing the responsibility of taxpayers for funding important state priorities.

Read entire article here.

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