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The Linchpin Tipping Point to Reverse Centuries of Top Down, 1% Power and Privatization?

By   Follow Me on Twitter     Message Rob Kall     Permalink
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12% interest for garbage collection

38% interest on water processing

70+% interest as part of public housing costs.

How can governments recapture these profits? 

By owning a bank. 

Socialist? No.

Banking is not a market good or service. It's financial infrastructure, which belongs in the public sector-- part of the commons.

Public banking means reduced banking costs: no bonuses, no fees, no commissions, no advertising, no branches. no high paid CEOS, just civil servants.

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California has $70 billion in different pools, earns almost no interest-- 

20 US states have introduced bills for publicly owned banks. 

Globally 40% of banks are publicly owned-- mostly in BRIC states. By 2040 BRIC states will overtake G6. One of the secrets of their success is their banks work for the public. 

Original public bank in the US was a Quaker bank in PA in Ben Franklin's day. 

No taxes, no inflation, no government debt.

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US debt has not been paid off since 1835. 

In past 24 years US has paid $8.2 trillion in interest on $15 trillion in debt. 

There is less corruption in public banks-- and more profit. 

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Rob Kall has spent his adult life as an awakener and empowerer-- first in the field of biofeedback, inventing products, developing software and a music recording label, MuPsych, within the company he founded in 1978-- Futurehealth, and founding, organizing and running 3 conferences: Winter Brain, on Neurofeedback and consciousness, Optimal Functioning and Positive Psychology (a pioneer in the field of Positive Psychology, first presenting workshops on it in 1985) and Storycon Summit Meeting on the Art Science and Application of Story-- each the first of their kind.  Then, when he found the process of raising people's consciousness and empowering them to take more control of their lives  one person at a time was too slow, he founded Opednews.com-- which has been the top search result on Google for the terms liberal news and progressive opinion for several years. Rob began his Bottom-up Radio show, broadcast on WNJC 1360 AM to Metro Philly, also available on iTunes, covering the transition of our culture, business and world from predominantly Top-down (hierarchical, centralized, authoritarian, patriarchal, big)  to bottom-up (egalitarian, local, interdependent, grassroots, archetypal feminine and small.) Recent long-term projects include a book, Bottom-up-- The Connection Revolution, debillionairizing the planet and the Psychopathy Defense and Optimization Project. 

Rob Kall Wikipedia Page

Over 200 podcasts are archived for downloading here, or can be accessed from iTunes. Rob is also published regularly on the Huffingtonpost.com

Rob is, with Opednews.com the first media winner of the (more...)
 

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