- Organize your team and define your agenda
- Identify potential allies in your community and elected officials
- Do some research and start building your case
- Give presentations; build a loyal following
- Bring your movement to city hall or the state legislature
- Meet with local elected officials:
- Clearly define what you’re asking them to do
- Do as much of the work for them as possible
- Develop political outreach campaigns to gain endorsements and support:
- Political organizations
- Political candidates and officials
- Labor unions
- Develop community outreach campaigns to coalition build and gain endorsements:
- Community organizations
- Local grassroots groups
- Neighborhood councils
- Knock on doors — go canvassing
- Use art, music, social media, videos to convey your message
How Can I Get Involved in Public Banking?
- #1 Ask yourself: what is money and how is it created?
Don’t get sidetracked by asking “Where does money come from?” Just ask what it is and how it is created. Take a close look at bank credit, the source of 97% of the money supply. And re- member, banks do not lend their deposits. Find out the answers by doing some research. The website www.publicbankinginsti- tute.org has plenty of information.
- #2 Re-learn American history
Read a book or two on the economic history of our country, starting with Web of Debt and The Public Bank Solution, both written by Ellen Brown. See her articles at www.webofdebt.com.
- #3 Know the issues, get your talking points down, and handle objections
Join the national public banking messaging conference call every Monday at 5pm PDT. Register at www.publicbankinginsti- tute.org.
- #4 Explore what others are doing towards furthering monetary reform
See what others are saying in this vital conversation:
• American Monetary Institute (www.Monetary.org) • Positive Money (www.positivemoney.org)
• The Money Masters (www.themoneymasters.com)
- #5 Join Friends of Public Banking and contribute to our success
You can make a huge difference by simply contributing on amonthly basis. All money is used to fund PBI programs and out- reach. Go to www.friendsofpublicbanking.org to donate and to become a friend!
- #6 Work with others who are committed to public banking
Join a Public Banking Chapter or Affiliate in your state or county. More information at www.publicbanking.org.
#7 Write a letter to your elected officials.Use this text, if you wish:
Public banking is all about putting the “public” back into public finance. Did you know that in 49 of the 50 states the State Treasurers deposit public money into private banks? This is not common practice in the rest of the world. Nor is this done in North Dakota, where the State Treasurer deposits tax revenues into the state owned bank, effectively doubling the impact of the state budget. The state of North Dakota has BOTH a $4.8 billion budget AND a $5 billion loanportfolio in its bank. What’s our state/county/city government budget? Imag- ine creating the same amount in low interest loans to fund important sectors of our economy, from infrastructure to energy conservation programs to pro- duction of healthy food? Why are you not working towards this – immediately?
This is money we are leaving on the table. We’re giving our public tax receipts to private banks for them to use for the benefit of their shareholders. This is money that could be used to fund infrastructure projects and help small busi- nesses, effectively lowering our debt servicing costs and creating jobs. North Dakota has no debt servicing costs from general obligation bonds — none.Imagine that! Because they issue loans from their own public bank to fundstate infrastructure projects, they effectively pay interest to themselves. This is certainly smart and truly public, public finance! We can do it too.
The Public Banking Institute needs a media team to ensure thatpublic banking is discussed with both the facts and perspective needed to ensure that public banking returns to being as Ameri- can as apple pie. After all, public banks funded the colonies until the American Revolution. Other positions are open as well — we need event planners, grant writers, web developers, and anyone who values both teamwork and individual initiative. Contact Marc Armstrong at firstname.lastname@example.org in order to set up a time to discuss how you might be able to help.
#9 The ONE thing you can do?
Ask yourself, what can we leave to the next generation? The Pub-lic Banking Institute is helping others to create a new and sus- tainable economy that will be funded with a network of 50 state banks and numerous county banks. Please join us however you