Dear Friends of Public Banking,
This weeks issue of The Nation included a story entitled "What if People Owned the Banks Instead of Wall Street?" The article explains how towns, cities and states across the nation are waking up to the promise of public banking as an alternative to doing business with the private banks.
https://www.thenation.com/article/wh...of-wall-street/
We are calling on Santa Rosa to get on board with the public banking movement. The local North Coast Public Banking working group has generated an on-line petition requesting that the City of Santa Rosa fund a study to determine the economic impact of divesting from private banks and placing our public deposits in the city's own public bank.
We encourage folks from outside of Santa Rosa to sign as well, as we are advocating a Public Bank of Santa Rosa which could also serve surrounding towns and counties as an alternative to the Wall Street banks.
Oakland as a charter city is way out in front on establishing a public bank and just last night the city of Richmond's City Council voted 6-1 in favor of supporting Oakland in their efforts. Berkeley, Davis and Alameda County are also looking to collaborating with a Public Bank of Oakland in response to demands to divest from Wall Street.
Conversely, in the chartered city of Santa Rosa during a recent goal setting meeting, the City Council determined to suggest to the next council that is appointed 18 months from now, that they consider establishing a study session on public banking.
Please sign and distribute this petition widely within your circles of friends, businesses, organizations and social media networks. This is going to take the village to succeed.
https://www.change.org/p/shelly-brow...-of-santa-rosa
To our collective best, Shelly Browning
"The tallest oak in the forest was once just a little nut that held its ground." ~ Unknown