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WASHINGTON STATE JOINS MOVEMENT FOR PUBLIC BANKING

By   Follow Me on Twitter     Message Ellen Brown       (Page 2 of 2 pages) Become a premium member to see this article and all articles as one long page.     Permalink

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Hasegawa said a key feature of the Washington banking institution is that it will work in partnership with financial institutions, community-based organizations, economic development groups, guaranty agencies, and others.   He said the Washington Investment Trust will offer "transparency, accountability, and accuracy of financial reporting," a welcome change from the accounting tricks common among the large Wall Street money center banks today.   

Public hearings are scheduled on Tuesday, January 25, before the Senate Financial Institutions, Housing & Insurance Committee, at 10:00 a.m.-12:00 noon in Senate Hearing Room 2; and before the House Business & Financial Services Committee at 1:30 p.m. -" 3:30 p.m. in House Hearing Room B .  

For more information on the movement for publicly-owned banks, see http://PublicBankingInstitute.org. ;

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Ellen Brown is an attorney, founder of the Public Banking Institute, and author of twelve books including the best-selling WEB OF DEBT. In THE PUBLIC BANK SOLUTION, her latest book, she explores successful public banking models historically and (more...)
 

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