On the next Your Call, we’ll have a conversation about public banking, which was first introduced by the Quakers in the original colony of Pennsylvania, and was later embraced in North Dakota, the only state which owns its own bank. Twenty states are considering public banking legislation. What is public banking? What solutions do public banks offer to the current economic crises? It’s Your Call, with Rose Aguilar and you.
Guests:
Marc Armstrong, executive director of the Public Banking Institute
Timothy Canova, professor of law and public finance at the Nova Southeastern University
Web Resources:
The Public Banking Institute (PBI)
Moyers & Company: Gretchen Morgenson on Why Banks Are Still Too Big To Fail
Think Progress: Elizabeth Warren Interrogates Jack Lew On The Growing Size Of Too Big To Fail Banks
PR Watch: End Too Big to Fail: New Bipartisan Bill Aims to Prevent Future Bailouts, Downsize Dangerous Banks