PBI News Alert • PublicBankingInstitute.org • Oct 23, 2012
TESTIMONY OF THE PUBLIC BANKING INSTITUTE & THE PENNSYLVANIA PROJECT
TO PHILADELPHIA CITY COUNCIL
23 OCTOBER, 2012
Mr. Councilman Kenney, Members of City Council:
My name is Mike Krauss. I am a director of the nationally recognized Public Banking Institute, and chair of the Pennsylvania Project.
The Public Banking Institute and the Pennsylvania Project are not-for-profit and non-partisan public policy organizations, both engaged in campaigns of public education to achieve creation of public banks in the United States at the state, county and municipal level.
We are here today to challenge you to fight for the people of this city, and to JUST SAY NO to the “too-big-to-fail” banks that failed and are now gouging this city and its people of hundreds of millions of dollars in the interest rate swap swindle that is the subject of this hearing…
Read the entire PBI News Alert here.