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sabrina 1

(62,325 posts)
5. "Occupy is the pendulum swinging back towards true democracy."
Fri Feb 24, 2012, 02:49 AM
Feb 2012

Beautifully said. I feel that way also. I was reading today about Occupy SF's ideas about starting their own 'people's banks' and how they are working with officials to do so. It is truly inspiring to read about their ideas for these banks. Totally geared to the communities they serve. They want to establish a system to provide small loans even to homeless people to help them start businesses, eg. NGOs have been doing this in third world countries, so why not do so here?

I will put together some of the information I found, maybe tomorrow. If you have not read about it, I think you will be very excited about this. What would happen is, money would stay in communities, unlike what happens with money put into Big Banks. In a way, if they succeed, and I think they will, it would be building a whole new, people oriented banking system, inside the system, instead of trying to fight the big banks, which probably would be the end result if these ideas spread to other cities. It's not a new idea, and even the WSJ never friendly to OWS, was impressed with what they are planning.

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