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Philly City Council to hold public banking hearings
http://us2.campaign-archive1.com/?u=8e40dee5d2fb573b380fefa0f&id=ff5dcfcc42&e=4f433d5a9eIt's true; Philadelphia doesn't have to leave itself to the mercy of Wall Street banks anymore
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Like the State of North Dakota, Philadelphia can create its own bank to hold and invest City funds to fulfill our needs, not the needs of multinational corporations funded by monopoly banks.
City Council will hold hearings on the creation of a Philadelphia Public Bank next Monday, February 22nd at 1 PM in Room 400 City Hall (Council Chambers). Please be there to cheer our witnesses on and let Council know that YOU support a Philadelphia Public Bank.
That's right. We can say no to Wells Fargo and Morgan Stanley and say yes to our own Bank! Here are just some of the specific things we could do with a Philadelphia Public Bank that we can't do when we leave our money with Wall Street.