PBI National Conference East / National Conference West
Hi - You are invited to a public banking conference near you! Santa Fe is considering a public bank for the city!
PBI National Conference East / National Conference West
The public banking movement is spreading like wildfire! From San
Francisco to Santa Fe, from Colorado to Wisconsin, from Detroit to
Philadelphia, from Washington DC to Vermont, the grassroots support of
public banks grows daily as people recognize the power they have to
revitalize local economies. To empower the movement nationwide, PBI is
hosting two regional events this fall as our national conference. We are
calling them PBI National Conference West (Santa Fe), and PBI National
Conference East (Philadelphia).
Come and learn more about how public banking is moving forward and
making news all over the country! Join us in Santa Fe on September 27th
and in Philadelphia on October 18th to experience the on-the-ground
efforts being made to establish public banks at the local and regional
levels. For those interested in the process of establishing public banks
at the state level, Vermont will be the site of our national conference
next spring - stay tuned for more details.
The lessons from Pennsylvania and New Mexico are important and inspiring
for all of us - come and learn more as we work to reclaim our money and
The convention center in Santa Fe will be the site of a Symposium called Banking on New Mexico: Funding Sustainable, Local Economies.
The Santa Fe Symposium, titled Banking on New Mexico, will be featuring Richard Wolff and Ellen Brown
as speakers. The PBI Board of Directors and staff will also be on hand
to offer several workshops on everything from the ABCs of Public
Banking, the advantages for the business community, to mobilizing public
support. See the story below for the news about the mayor of Santa Fe
exploring the feasibility of establishing a public bank for the city.
Their findings may well be available in time for the conference - stay
tuned for more news. Click here to register. Go to these web sites for more information: www.wearepeoplehere.org & bankingonnewmexico.org
The Philadelphia conference and workshop, Public Banks for Public Works: Banking on the Common Wealth, will take place Saturday, October 18th in
the historic Friends Center in Philadelphia. Harold Meyerson, columnist
from the Washington Post and Editor at Large, the American Prospect
will be the keynote speaker. The conference will focus on the missions
and public purposes that public banks can enable, and present a workshop
on actions that advocates can take in their communities to make public
banks a reality. The forum will be preceded by a Friday evening gathering for political, business, and community leaders from the region. There will be a post conference banquet on Saturday evening
to honor Ellen Brown, founder of the public banking movement and
Chairman Emeritus of the Public Banking Institute. For more
The Friends Center in Philadelphia will be the site for the conference titled Public Banks for Public Works: Banking on the Common Wealth.
Santa Fe Mayor to Study Public Bank!
In June, The mayor of Santa Fe, New Mexico heard from Mike Krauss and
Gwendolyn Hallsmith of PBI, who were invited to the city to talk about
the potential benefits of a municipal public bank. You can read more about it by clicking here.
“We need to see what public banking would mean here before we can even
go to the next level,” he said, referring to the feasibility study. “And
maybe at that point when it’s completed, we determine we can’t go any
further. But we’ve studied it. I think the people of Santa Fe want us to
look at every means possible to make sure that we’re able to grow this
economy in a way that helps all families.”
Rethinking Economics Conference in NYC
The Rethinking Economics New York 2014 conference
is an entirely student-run conference to be held in New York City from
September 12-14 at The New School and Columbia University. PBI is
sponsoring the conference and will be exhibiting and providing
Rethinking Economics is a global movement to create fresh economic
narratives that challenge and enrich the predominant narratives in
economics. The movement unites all who support new ways of thinking. We
believe that the mainstream approach to understanding our economy, while
definitely valuable, is far too narrow. We value pluralism: the belief
that economics should be a more interdisciplinary subject that embraces
useful ideas from various schools of thought and subject fields.
Harry Ohls, a public banking activist in California, is working to
identify teams of people who are willing to volunteer for the Public
Banking Institute as part of a group of development teams to tackle some
of the difficult issues communities, regions, and states face when they
start the process of investigating a public bank. Please email Harry by clicking on this link if you are interested in working on one of these teams:
Requirements. What are the “State Requirements” for acquiring a bank
in your area. This typically involves (1) Known experienced Board of
Directors, (2) an experienced Management Group, (3) a “banking
business plan”, and (4) sufficient capitalization.
Legality. Is it legal to establish a local, regional or County “public bank” in your state.
For your size City, County, Region, how much capitalization is
required, and where are your deposits coming from?
Analysis. How do you figure out how much your regional can save with a
public bank. (CAFR analysis, Treasurer’s Report, etc.)
Exchange. Establishing a credit or exchange system in your area that
is similar to a public bank, if public banks seem like they will take a
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