Come for an introduction to and discussion of the ideas in Ellen Brown's new book The Public Banking Solution: from Austerity to Prosperity. Much more than a simple arguement for public banking, this has been the most eye opening book I've read in years.
Its almost 500 pages cover topics ranging from:
- What is money anyway and where did it come from? A history from Mesopotamia to today. I was surprised at how much the nature
of money has changed, even in our own time.
- Successful public banks today. 40% of banks around the world are public banks and the fastest growing countries in the world all have majority public banks.
- The failure of Too Big To Fail Banks. How our current financial system encourages a widening gap between rich and poor and the debates money reformers have over how to change the system.
- How to prepare for the next big meltdown. And much more!!
Bring your own ideas and questions and we'll explore the topics that interest you the most.
Alison
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Amazon reviews below:
"a strong, well documented, historically rich case for the use of public banking in solving today's economic problems. The Public Banking Solution is an immediately doable way to wrest the power of money creation and the power it bestows away from the irresponsible Too Big To Fail Wall Street Banks and return that power to the people in states and local communities - in other words, the 99%.
I have a Harvard MBA, have worked in the financial arena, and studied monetary reform for over 20 years, but I have never come across such a
clearly written, easy to understand treatise on the subject. This book should be essential reading for all."
"[Before reading The Public Banking Solution] I didn't sufficiently grasp the extent to which "control of the purse" is what actually controls governmental policy, including that of deciding to go to war. Also the little matters of feeding the poor, cleaning up our environment, educating our population and providing health care are controlled less by our votes that you ever imagined."
"There ARE alternatives! We CAN have a banking system that works for everyone. Other countries and states have public banks, although you won't read about this in the media. Canada has a public bank - the Bank of Canada - which was used up until the seventies to finance government projects. But the elites... yes, the same
guys (mostly) that gave us NAFTA and CETA and TPP - are trying to privatize and deregulate banks all over the world...
This book is written so that non-economists can understand it!"
"Maybe because Ellen Brown is not an economist, she writes in a way ordinary people can understand. But because she has a well trained legal mind, her argument is devastatingly logical and insightful. This book gives direction and hope. It provides a realistic blueprint for action, a must read for the financially bamboozled and downtrodden. I will not be surprised if it will be cited as the seminal book that radicalised a generation to overturn the egregious privileges of the private banker elite. Way to go Ellen Brown!"
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And I'm sorry I have NO IDEA how to send this to the Salon so I just sent this to the lists I had. Please forward to whoever I should have sent it to.