Update on Public Banking in Pennsylvania and Philadelphia

Public Banking things are happening in Pennsylvania, the home of Public banking during revolutionary times. 

This podcast is an in depth discussion on the history of public banking and an exciting up-date on efforts to bring public banking to two Pennsylvania cities- Reading and Philadelphia.  The details, the experience, the strategy and planning-- they're exciting and valuable. 

My Guests:

Mike Krauss, founding director of the Public Banking institute and founder and chair of the Pennsylvania Project inc. before that had a career in county and state government and international commerce

Walt McRee senior advisor to the public banking institute, and one of the directors of the PA project.  background as media executive, work primarily in moving policy issues into the media conversation.  

http://www.papublicbankproject.org

http://www.publicbankinginstitute.org

Interview notes-- mostly my questions. 

Tell me a story. 

Tell me a about the revolutionary war-- how it was not a tax on tea that led to the war, and about the tie between public banking and the revolutionary war, Ben Franklin and the times. 

You've said that the new public bank idea is a second revolution. What do you mean by that?

Where did the Rothschilds fit into the Revolutionary war. 

Can you talk about Philadelphia's own public bank. Can you talk about that?

How do Republicans feel about Public Banking?

Doesn't the government own the bank?

You're differentiating schools and roads and police from government?

Let's start with Detroit and why that applies to Reading and Philadelphia. 

Why is it too late for Detroit and Harrisburg-- in terms of public banking?

Tell me about what's happening in Reading and Philadelphia?

You're talking about a lot of money invested by the city of Phila.

What's exciting to me is that you don't need congress to make this happen. You don't need to get a state legislature to approve this. In many cases a handful of people can make this happen. 

Why are you doing this Mike?

      "I'm a believing Christian."

Have you spoken to people of faith about public banking?

How would you frame public banking and its connection to the Christian faith?

What's the status of public banking efforts outside of Pennsylvania?

How will public banking help progressives who are fighting corporatism and the corporate state?

What have your learned to increase the likelihood of your success at making public banking happen?

Public banking roadmap;My  publicbanking.org site.