public banking slideshow

1. Public Banking

2. What is a Public Bank?
• A Public Bank is a chartered depository bank in which public funds
are deposited. It is owned by a government unit — a state, county,
city, or tribe — and mandated to serve a public mission that reflects
the values and needs of the public that it represents. In existing and
proposed US Public Bank models, skilled bankers, not the
government, make bank decisions and provide accountability and
transparency to the public for how public funds are used.

4. Taxpayers are being robbed blind
•One of the most surprising facts about our
financial system is that our Taxmoney is held by
private institutions and many of the
infrastructure projects in our country are paid
for by money borrowed from these private
institutions with interest costing taxpayers as
much as 100% more then they would be if paid
for with no interest owed to these institutions.

6. Why Public Banking?
•Public Banking is banking operated in
the public interest, through institutions
owned by the public instead of private
institutions and shareholders and
operates in the interest of the public
instead of for profit.