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The latest news

NN Endorses Three Fantastic Candidates for the Courts

The “Fiscal Cliff” Is A Myth.

This Election is In Our Hands Now

It's Homestretch Time Everyone -- Time to Crank It Up

Update on Theft of Election

Theft of the Century Now Underway

City Democrats and the 1% . . . Together Again

Progressive Democrats Win!

Let’s Wash That Corporate Cash Right Out of Our Politics

Time to Give Corbett a Little Special Philly Love

NN Participates in Public Banking Conference

Spring Training for the 99% is Almost Here

Neighborhood Networks and MoveOn and Take on The Banksters

The Democratic Party? Really?

Fracked Water is On Its Way to Your Tap

We Endorse Six for November 8

What's The Point of the Occupiers?

NN Endorses Three Great Candidates in Fall Election

"Fracking": It Sounds Like A Curse

Toomey Sent Us a Message; Now We're Taking One to Him. It's "Jobs, Not Cuts"

The Next Step in Privatizing Education: Vouchers

Primary Day 2011: Some Wins, Some Losses.

Vote for Jeff Hornstein in the First Councilmanic District

Neighborhood Networks Endorses Six Candidates In Spring Primary

Don't Miss the PROGRESSIVE Council Forum

Eighth Council District NN Adopts A Platform

'RUNNING AGAINST THE MACHINE' City Progressives publicize Party Reforms

City Council Matters

Minutes of NW Neighborhood Networks Mtg Jan. 10, 2011

Catastrophe coming -- Mayor and Council snooze

Germantown NN Community Meeting

The Election is Over -- On to the Next Election

About myself

It’s Sestak Onorato Time Because Beating Theocratic, Oligarchic, Corporate-Owned Republicans is What We Need to Do

Saving the Germantown Y

Coming September 25: POW (the Progressive Organizing Workshop).

Stop Raids on Social Security, Medicare and Medicaid

We're Tired of Tightening Our Belts

Council and the Mayor Make Bad Choices on City Budget

8th WARD RESULTS of May 18 2010 DEMOCRATIC Primary Election

Article in Inquirer Coauthored by NN VP

The Time for Fair Taxes is Now

WE DID IT!

Vote For Joe Hoeffel for Governor!!!!!

The Debate Was Great!

The Health Care Fight Is NOT Over.

Real Change In Harrisburg Starts with Electing Tim Kearney

The first ever Northwest Community Cafe came, was seen, and was loved by all.

Gtown NN Toasts the Germantown Chronicle

NN-Endorsed Candidates Win in Primary

NN Primary Endorsements

Health Care Reform:
No Mistakes This Time

Sucessful City Budget Forum

Some Budget Thoughts and Information

NN District Attorney Candidates Forum

DC 47 Press Conference

NN Positions on State and Local Budgets

Northwest Neighborhood Networks Meeting

Library Coalition Wins Round One

Neighborhood Networks Delivers 11 Pieces of Coal, and Hundreds of Signatures, to Mayor Nutter

Save the Libraries

15th Ward Election Joy

"We are the Change" Meeting

Opening of Obama Office in Germantown

Victories for NN Endorsed Candidates

Philly NN Endorses State Candidates

Past news

 

 

 

News from Philly NN

dot dot dot

May 1, 2012

NN Participates in Public Banking Conference

Move Our Money!

By Conni Bille

Philadelphia's Friends Center was the site of a conference on April 27-28 which hopes to impact public finance in a real and practical 99%ish way by putting public monies to work for the public. What a concept! Three members of the NN Steering Committee participated.

...Continued from home page
Did You Know North Dakota Has Its Own Bank?

Yes, over 93 years ago the citizens of North Dakota set up a state-run bank The Bank of North Dakota (BND) to finance public endeavors - from student loans to major construction. It is now the largest bank in the state. It it does not have a retail operation - it provides the financing for smaller banks who do not have enough capital and enables them to finance major construction, etc.

Tax Dollars at Work for the 99% - Really

The BND gets its cash from the state! State cash deposits have to be kept somewhere - and in North Dakota they do not put the money in CitiBank or Bank of America or the usual suspects - they put it in their own bank and pay interest to themselves!!! This has saved the state LOTS of money - it frees up cash for public works. So have you wondered why the unemployment rate in North Dakota is only about 3% when it is 8% elsewhere? They can build things and employ people without going to Wall Street for financing.

Can We Get a Pennsylvania Public Bank? Please!

This is a great idea - and it has excited people all across the political specturm. from 99%ers to Libertarians to even some old-timey Republicans. There are initiatives in several states to create public banks - which can even be created at a county or city level.

If You Are Interested

For more information go to the Web site www.publicbankinginstitute.org





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