XPost: alt.philosophy, alt.journalism, alt.politics   
   XPost: alt.news-media, alt.fan.michael-moore   
   From: SenorDeodara@nomail.mx   
      
   How to Liberate America from Wall Street Rule   
      
   How to Liberate America from Wall Street Rule spells out details of a   
   six-part policy agenda to rebuild a sensible system of community-based   
   and accountable financial services institutions.   
      
      1. Break up the mega-banks and implement tax and regulatory   
   policies that favor community financial institutions, with a   
   preference for those organized as cooperatives or as for-profits owned   
   by nonprofit foundations.   
      2. Establish state-owned partnership banks in each of the 50   
   states, patterned after the Bank of North Dakota. These would serve as   
   depositories for state financial assets to use in partnership with   
   community financial institutions to fund local farms and businesses.   
      3. Restructure the Federal Reserve to function under strict   
   standards of transparency and public scrutiny, with General Accounting   
   Office audits and Congressional oversight.   
      4. Direct all new money created by the Federal Reserve to a Federal   
   Recovery and Reconstruction Bank rather than the current practice of   
   directing it as a subsidy to Wall Street banks. The FRRB would have a   
   mandate to fund essential green infrastructure projects as designated   
   by Congress.   
      5. Rewrite international trade and investment rules to support   
   national ownership, economic self-reliance, and economic   
   self-determination.   
      6. Implement appropriate regulatory and fiscal measures to secure   
   the integrity of financial markets and the money/banking system.   
      
   How to Liberate America from Wall Street Rule is the product of   
   extended discussions among representatives of a diverse group of   
   organizations committed to deepening and reframing the conversation on   
   financial reform to focus attention on the serious financial system   
   restructuring required to build a strong new American economy adequate   
   to the social and environmental challenges of the 21st century. It may   
   be freely shared, reproduced and distributed with appropriate   
   citations.   
      
   Read the report:   
   http://www.yesmagazine.org/pdf/liberateamericadownload.pdf   
      
   source   
   http://www.yesmagazine.org/blogs/david-korten/liberate-america   
      
      
   Please share this with others on a wide scale!   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)