Category Archives: Flyinglow/Rick Robins
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Empty Storefronts
As I am putting up posters advertising the May 9th public banking “Own Our Bank and Thrive!” event, it is striking to me how many empty storefronts we still have. In the McCourtney area it seems to be around 25%. … Continue reading →
Own Our Bank and Thrive!
A Public Bank, Nevada County’s Answer to Megabanks The Nevada County chapter of the Public Banking Institute is putting on an educational “town hall” event May 9th, 6:30 to 9 PM at the Banner Grange, 12629 McCourtney, Grass Valley. We … Continue reading →
Community activist groups invited to participate in Nevada County charter and public bank efforts
Economic Liberty for Main Street (ELMSt), an organization of local Nevada County residents interested in promoting the economy of Nevada County and economic welfare of its citizens, is educating county residents and businesses about the benefits of chartering our county … Continue reading →
Public Banking Survey article in The Union newspaper
Members of the local chapter of the Public Banking Institute are conducting a survey of business credit needs here in Nevada County as indicated in an earlier post. Our local newspaper, The Union, interviewed a couple of our members regarding … Continue reading →
The FDIC is After Your Money – Bail-In (Seizing Deposits) is the New Bail Out for Banks
The following is the text from a new article by Ellen Brown of the Public Banking Institution The article states the case for public banks but it also continues to warn us against keeping our own money in FDIC banks. … Continue reading →
FDIC Proposes Seizing Deposits as Alternative to Taxpayer Bailout
Those of us following the news in Cyprus are probably all appalled by the seizure of customer deposits in order to save its banks. We have to ask ourselves: can that happen here? As it turns out, the FDIC actually … Continue reading →
Local Public Banking group applies for Public Banking Institute chapter status
Economic Liberty for Main Street (the Nevada County public bank working group) is finalizing its application to the Public Banking Institute (PBI) for chapter status. As a chapter of PBI, our local group will be able to work under their … Continue reading →
Nevada County Business Credit Needs Survey is online
You are invited to participate in the Nevada County Business Credit Needs Survey Main Street Forum NC and the Nevada County public bank working group see a county public bank as a better way to meet the economic needs of … Continue reading →
Romney tax plan doubles down on trickle down
This graph is based on data from the Tax Policy Center. Ezra Klien points out that, under the Romney plan, the But do tax cuts create “real” jobs? The answer appears to be no for companies big and small.” For … Continue reading →
Incest and conflict of interest between banks and Federal Reserve
My posts keep touting the need for self-correcting systems. Well, how can a system be self-correcting if the regulators and the regulated are one and the same, for all practical purposes? Here is an article describing how the wife of … Continue reading →