I honestly am still shaking a bit because we actually pulled this off and the state bank is officially moving forward. It feels like such a long road since I first typed this up while distracted by the news cycles but seeing all 323 of you back this really pushed …
December 2, 2013
Final supporters
The Bank of North Dakota has been at the center of that state's economic success (see http://tinyurl.com/YES-Magazine-NDSB).
Today, the State of Illinois deposits billions of our tax dollars into the same “Too Big To Fail” banks that crashed our economy. I think that we should put that money to work for us and create jobs here in Illinois.
Illinois still has 10% unemployment, record numbers of home foreclosures while the big banks still refuse to lend to local business (except at outrageous rates) or give relief to home owners while they sit on billions of dollars of profits. The Illinois state bank is a practical solution designed to get credit flowing to small businesses and family farmers so they can grow, start hiring once again. A state bank will be a ready lender to homeowners and stop the rush to foreclose. A state bank will also be able create affordable student loans that will not cripple our young people with mountains of debt upon graduation.
It's OUR money. Let's keep it in Illinois and make it work for us. I want Illinois to create a state bank to make this happen.
Updates
Reached 250 supporters
November 15, 2013
January 7, 2012
One hundred people actually signed this thing and my brain is kind of reeling because I honestly expected to just be shouting into the digital void over here. It feels like a genuine start for HB 2064 even though there is still a massive amount of work ahead to convince anyone that we should stop letting these huge national banks hoard all our tax money while our neighbors lose their jobs.
Reached 100 supporters
January 6, 2012
8 Comments
We bailed out the Wall Street banksters and they gave us foreclosures. We need a bank that is run by the people and for the people.
I lived and worked in Illinois for 64 years. I admire Ellen Brown's efforts to promote state banks. My wife receives her pension from TRS, which now is in jeopardy of being reduced because of Illinois' bad spending habits.
I am tired of the big banks gambling with my money. I want to see a return on my money again. That's how it used to be until the banks got too big to fail.
The State of Illinois should replicate the Bank of North Dakota. I am in favor of an institution of this type.
Enough with bailing out wall street. lets keep our tax dollars in illinois for once so we can actually build something here instead of lining the pockets of those guys in new york.
Inspired by 3-1-2015 episode of ring of fire broadcast.
Inspired by 3-1-2015 episode of ring of fire broadcast.
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I honestly am still shaking a bit because we actually pulled this off and the state bank is officially moving forward. It feels like such a long road since I first typed this up while distracted by the news cycles but seeing all 323 of you back this really pushed …
December 2, 2013
Final supporters
The Bank of North Dakota has been at the center of that state's economic success (see http://tinyurl.com/YES-Magazine-NDSB).
Today, the State of Illinois deposits billions of our tax dollars into the same “Too Big To Fail” banks that crashed our economy. I think that we should put that money to work for us and create jobs here in Illinois.
Illinois still has 10% unemployment, record numbers of home foreclosures while the big banks still refuse to lend to local business (except at outrageous rates) or give relief to home owners while they sit on billions of dollars of profits. The Illinois state bank is a practical solution designed to get credit flowing to small businesses and family farmers so they can grow, start hiring once again. A state bank will be a ready lender to homeowners and stop the rush to foreclose. A state bank will also be able create affordable student loans that will not cripple our young people with mountains of debt upon graduation.
It's OUR money. Let's keep it in Illinois and make it work for us. I want Illinois to create a state bank to make this happen.
Updates
Reached 250 supporters
November 15, 2013
January 7, 2012
One hundred people actually signed this thing and my brain is kind of reeling because I honestly expected to just be shouting into the digital void over here. It feels like a genuine start for HB 2064 even though there is still a massive amount of work ahead to convince anyone that we should stop letting these huge national banks hoard all our tax money while our neighbors lose their jobs.
Reached 100 supporters
January 6, 2012
8 Comments
Cutting out the TBTF 'banks' that crashed this economy, and pooling *our* money for *our* needs, is one of the strongest steps we can take as citizens to heal our state and invest for our future.
We bailed out the Wall Street banksters and they gave us foreclosures. We need a bank that is run by the people and for the people.
I lived and worked in Illinois for 64 years. I admire Ellen Brown's efforts to promote state banks. My wife receives her pension from TRS, which now is in jeopardy of being reduced because of Illinois' bad spending habits.
I am tired of the big banks gambling with my money. I want to see a return on my money again. That's how it used to be until the banks got too big to fail.
The State of Illinois should replicate the Bank of North Dakota. I am in favor of an institution of this type.
Enough with bailing out wall street. lets keep our tax dollars in illinois for once so we can actually build something here instead of lining the pockets of those guys in new york.
Inspired by 3-1-2015 episode of ring of fire broadcast.
Inspired by 3-1-2015 episode of ring of fire broadcast.
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Cutting out the TBTF 'banks' that crashed this economy, and pooling *our* money for *our* needs, is one of the strongest steps we can take as citizens to heal our state and invest for our future.