<html><head></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; "><a href="http://publicbankinginstitute.org/">http://publicbankinginstitute.org/</a><div><br></div><div><div id="column1" class="column twocolumnc">
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<h1><div class="h1" style="text-align:;">Public Banking -- it already
works in the United States and is catching on! 20 States are considering
some form of state banking legislation.</div></h1>
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<a href="http://publicbankinginstitute.org/state-info" target="_blank" class="imageLink"><img src="http://publicbankinginstitute.org/users/71909/assets/333749_1740016.jpg" alt="" class="image " align="middle"></a></div>
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<h1><div class="h1" style="text-align:;">What's Happening in your State?</div></h1>
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<div class="text">Find out by clicking on the map or <a href="http://publicbankinginstitute.org/state-info" target="_blank">here</a>.<span class="ws"> </span>Are you interested in starting a county-owned bank?<span class="ws"> </span>Visit our new county bank webpage <a href="http://publicbankinginstitute.org/county-banks" target="_blank">here</a>. </div>
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<h1><div class="h1" style="text-align:;">Public Banks are ...</div></h1>
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<div class="text"> Viable solutions to the present economic crises in US states.<br> Counter-cyclical,
meaning they are capable of reducing the negative impact of recessions,
because they can make money available for local governments and
businesses precisely when private banks decrease lending.<span class="ws"> </span><br> Potentially available to any-sized government or community <br><span class="ws"> </span>able to meet the requirements for setting up a bank.<br> Owned by the people of a state or community.<br> Economically sustainable, because they operate transparently according to applicable banking regulations<br> Able to offset pressures for tax increases with returned credit income to the community.<br> Ready sources of affordable credit for local governments, eliminating the need for large rainy day funds. <br> Required to promote the public interest, as defined in their <br><span class="ws"> </span>charters.<br> Constitutional, as ruled by the U.S. Supreme Court</div>
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<h1><div class="h1" style="text-align:;">... and are not</div></h1>
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<div class="text"> Operated by politicians; rather, they are run by professional<span class="ws"> </span><br><span class="ws"> </span>bankers.<br> Boondoggles for bank executives; rather, their employees are<br><span class="ws"> </span>salaried
public servants (paid by the state, with a transparent pay structure)
who would likely</div><div class="text"> not earn bonuses, commissions or fees for generating
loans.... continues>>>>> <span class="Apple-style-span" style="font-size: 18px; ">http://publicbankinginstitute.org/</span></div><div class="text"><br></div><div class="text">\ </div><div class="text"><br></div><div class="text"><div id="column1" class="column twocolumnc">
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