Comment on Open thread for night owls: Cities have sparked a movement to create publicly owned banks

Open thread for night owls: Cities have sparked a movement to create publicly owned banks

At The Nation, Jimmy Tobias writes—What if People Owned the Banks, Instead of Wall Street? From Seattle to Santa Fe, cities are at the center of a movement to create publicly owned banks.  Craig Brandt got pissed that the City of Oakland, California, had no choice but to do business with financial crooks—specifically the scamster banksters of the Libor scheme.

 

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