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Forum Post: Let's start our own People's Banks

Posted 13 years ago on Oct. 17, 2011, 9:39 p.m. EST by democracy2america (0)
This content is user submitted and not an official statement

There's a lot of talk of taking our money out of the Big Bad Banks and moving them to credit unions, etc. Unfortunately, this isn't always possible for a lot of us, as we're not affiliated with a union, aren't a student, etc.

How about each Occupy Movement start a bank in each state ? With an FDIC or equivalent certificate, we could get at that 0% loan rate at the Fed window and make loans to needy people.

The reason a lot of us are out of work is that the banks and other corporations have shrunk the money supply by literally sitting on the money they have. We could start our own economic revival by lending out money.

Anyone want to take a serious look at this ?

5 Comments

5 Comments


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[-] 1 points by aarongreenspan (36) from Palo Alto, CA 13 years ago

It costs about $4 million to start a bank. Unfortunately, the FDIC isn't giving out very many charters right now, so even if you have $4 million, it doesn't matter much.

The next best alternative is starting a money transmitter, but those cost about $20 million to start unless Congress overrides state laws. Take a look at:

http://www.plainsite.org/issues/index.html?id=1

[-] 1 points by chrischrischris (143) 13 years ago

Nope.

[-] 0 points by StraightHOBO (3) 13 years ago

Just vote Ron Paul!!!!!!! Abolish the FED!!!

[-] 0 points by Markmad (323) 13 years ago

Shame on you, be original.

[-] 0 points by atki4564 (1259) from Lake Placid, FL 13 years ago

Exactly, start the war against Injustice by starting our own banks to double the income of the Bottom 90% of Workers, for many more people will come to your side when you are proactive (for “new” Business & Government solutions), instead of reactive (against “old” Business & Government solutions), which is why what we most immediately need is a comprehensive “new” strategy that implements all our various socioeconomic demands at the same time, regardless of party, and although I'm all in favor of taking down today's ineffective and inefficient Top 1% Management System of Business & Government, there's only one way to do it – by fighting bankers as bankers ourselves, and thus doubling our income from Bank Profits which are 40% of all Corporate Profits; that is, using a Focused Direct Democracy organized according to our current Occupations & Generations. Consequently, I have posted a 1-page Summary of the Strategically Weighted Policies, Organizational Operating Structures, and Tactical Investment Procedures necessary to do this at:

http://getsatisfaction.com/americanselect/topics/on_strategically_weighted_policies_organizational_operating_structures_tactical_investment_procedures

Join

http://finance.groups.yahoo.com/group/StrategicInternationalSystems/

because we need 100,000 “support clicks” at AmericansElect.org in support of the above bank-focused platform.

Most importantly, remember, as cited in the first link, that as Bank Owner-Voters in your 1 of 48 "new" Business Investment Groups (or "new" Congressional Committees) you become the "new" Congress, and related “new” Businesses, replacing the "old" Congress, and related “old” Businesses, according to your current Occupations & Generations, called a Focused Direct Democracy.

Therefore, any Candidate (or Leader) therein, regardless of party, is a straw man, a puppet, a political opportunist; what's important is the STRATEGY – the sequence of steps – that the people organize themselves under in Military Internet Formation of their Individual Purchasing Power & Group Investment Power. In this, sequence is key, and if the correct mathematical sequence is followed then it results in doubling the income of the Bottom 90% of Workers from today's Bank Profits, which are 40% of all Corporate Profits.

Why? Because there are Natural Social Laws – in mathematical sequence – that are just like Natural Physical Laws, such as the Law of Gravity. You must follow those Natural Social Laws or the result will be Injustice, War, etc.

The FIRST step in Natural Social Law is to CONTROL the Banks as Bank Owner-Voters. If you do not, you will inevitably be UNJUSTLY EXPLOITED by the Top 1% Management System of Business & Government who have a Legitimate Profit Motive, just like you, to do so.

Consequently, you have no choice but to become Candidates (or Leaders) yourselves as Bank Owner-Voters according to your current Occupations & Generations.

So please JOIN the 2nd link, and spread the word to as many as possible, so we can make 100,000 support clicks at AmericansElect.org when called for, at exactly the right time, by an e-mail from that group, in support of the above the bank-focused platform. If so, then you will see and feel how your goals can be accomplished within the above strategy as a “new” Candidate (or Leader) of your current Occupation & Generation.