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The Hub Public Bank – An Alternative Democratic Economic Vision


By suren - Posted on 11 March 2014

Thursday, March 13, 2014, 8:00 - 9:00 p.m. The City of Boston has $1.2 billion on deposit with the nefarious Bank of America, US Trust (a subsidiary of Bank of America) and Citizens Bank, a subsidiary of the Royal Bank of Scotland. Why should “too big to fail banks” who brought about the economic collapse of 2008 continue to be depositories for our public money? There is an alternative – depositing our public money in a public bank owned by the people of Boston.

The Speaker DSA member Nancy Goldner will introduce the concept of a public bank as a transformative pathway toward a more democratic, accountable and community oriented use of our public money. She is also a member of the Pubic Bank Working Group whose mission it is to establish the Hub Public Bank.