{news} Moving The Money To Main Street Campaign: Proposal 309??

[Clifford Thornton]

I know Catherine and we have worked on this issue.  She is top flight and makes a ton of sense.  I would vote for this even if it is not well developed at this point.

Cliff
  ----- Original Message ----- 
  From: Charlie Pillsbury<mailto:chapillsbury at igc.org> 
  To: ctgp-news at ml.greens.org<mailto:ctgp-news at ml.greens.org> 
  Sent: Tuesday, August 28, 2007 10:54 PM
  Subject: {news} Moving The Money To Main Street Campaign: Proposal 309??


  Connecticut Green Party - Part of the GPUS
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  I'm sorry that I was unable to attend the SCC meeting this evening because of a rescheduled church meeting.  I would be interested, however, in your input on the following proposal under consideration by the GPUS.  My current view is that the ideas embodied in the proposal are well-intentioned, but not well developed, so I'm ambivalent.  
  What do others think?  How should I vote?  for, against, or abstain (when you abstain your vote doesn't count for or against the proposal for purpose of passage, but your vote is counted to determine whether a quorum exists, that is, whether enough delegates have voted on the proposal to be sure that it represents a sufficient cross-section of NC members.)
  Proposal 309: Moving The Money To Main Street Campaign

  Background

  The top financial institutions are the largest buyers of influence in our government. By using major U.S. Banks for checking accounts, investments, mortgages and/or credit cards people are enabling the centralizing of power to those who are the primary movers behind the policies that give us wars, environmental degradation and no healthcare.

    a.. The amounts of money we run through our bank accounts are small but not
  insignificant, especially to smaller institutions.
    b.. Deposits moved to community-based financial institutions give us a greater
  ability to influence investment decisions, such as for organic farms or local energy projects.
    c.. Coordinated economic boycotts have successfully changed business practices to be more sustainable. We can apply this tool to the largest financial institutions for a broader impact.
    d.. Telling institutions why we are doing this, and that it is part of a nationalcampaign, will make an impression.
    e.. How we vote with our money and how we use our money can be a significant source of political power.

  Proposal
  Create a mechanism whereby individual Greens and state Green Parties can participate in a coordinated campaign to withdraw their funds/investments from the major banks and reinvest their accounts in credit unions or local banks that they determine are well managed with excellent reputations for investing in their local economies in a sound way. This effort will include, but not be limited to:

    a.. A list-serve for participants to organize their efforts, to find and research sound financial institutions, and to facilitate outreach to local communities for broad-based support and participation.
    b.. A planned series of actions where groups of Greens withdraw and/or invest in specific institutions together for greatest impact.
    c.. Coordination of these actions to make the most of local and national media
  opportunities.
    d.. Amplifying the impact of these actions by implementing them in a one month
  period, tbd.
    e.. Providing presidential candidates a tangible example of Green Party support for community-based economics.
    f.. Developing a GPUS webpage that will chronicle the campaign including its
  progress, success stories, list of actions, how to get involved, resource lists
  including Questions to Ask Your Banker, How to Research Your Bank, etc.

  By supporting our local communities and not financing those who manage the government bank accounts in a corrupt manner we establish ourselves as the Party of Peace, Social Justice and Community-based Economics. 
  Resources
  NC delegates and other Greens across the country who are interested in participating, GPUS dedicated list-serve, GPUS webpage, Catherine Austin Fitts

  Contacts: Katey Culver GPTN newtribe at hughes.net
  Howard Switzer h4gov at hughes.net

  References
  www.solari.com/banks http://solari.com/sem/WB04t6.htm<http://solari.com/sem/WB04t6.htm>

  http://video.google.com/videoplay?docid=2815320647447139109&hl=en<http://video.google.com/videoplay?docid=2815320647447139109&hl=en>
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