Thursday, October 25, 2018

Can Los Angeles Quit Wall Street?

On November 6, Los Angeles voters will decide on a ballot measure that would allow the city to create a public bank to hold the city’s funds. Cities around the country are looking at this alternative to parking their money with predatory Wall Street banks. It’s not a totally radical concept: North Dakota has had a…

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from Splinter https://ift.tt/2D4gQKe

On November 6, Los Angeles voters will decide on a ballot measure that would allow the city to create a public bank to hold the city’s funds. Cities around the country are looking at this alternative to parking their money with predatory Wall Street banks. It’s not a totally radical concept: North Dakota has had a…

Read more...

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