Dear fellow folks for making the world better:
Two weeks ago, Santa Cruz County took a bold and wonderful move, issuing a directive to stop doing all county business with the 5 BIG BANKS (convicted felons). ...ABOUT TIME a governmental body did this.
I have emailed Supervisors Gorin (Chair) and Carrillo and proposed that this item be on the agenda for the July 28th meeting, or another meeting, soon:
That Sonoma become the second California county to cease all business with the 5 largest banks (all convicted for felonies for billions of dollars) and that the County have fiduciary relations with local credit unions and banks only.
The language of Santa Cruz County can be used intact:
29.1 Direct that the County's investment policy be modified to reflect that the County of Santa Cruz will not do new business for a period of five years with Citigroup, JP Morgan Chase, Barclays, Royal Bank of Scotland, and UBS as specified, and further direct that the County unwind existing relationships with these five banks to the greatest extent feasible, as recommended by Supervisor Coonerty
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The MAJORITY vote of the Supervisors will put this on the agenda.
To support his, please contact Susan Gorin and other Supes. EMAILS at bottom. Thanks!
If you CC me, I can keep track of support, and notify you of progress.
Blessings of integrity and actual democracy,
Judith [email protected]
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