December 9, 2009 – 2:15 pm
Common Good Bank will be much better for us than state-owned banks.
Yes, The Bank of North Dakota is a vast improvement over our national banking system in the United States. There are two reasons why it is an improvement:
North Dakota’s bank is owned by the state, so all profits go to the public. The Federal [...]
December 5, 2009 – 11:43 am
Last night five of us from the common good bank project joined about 40 others at the Gasoline Alley Foundation (GAF) in Springfield, Massachusetts, for three hours of schmoozing and an interview with Woody Tasch, author of Slow Money and founder of the Slow Money movement, which aims to create “a grassroots, non-profit seed fund [...]
December 4, 2009 – 7:48 am
John White and I met last night with Alisa Gravitz, Executive Director of Green America (formerly Co-op America). Green America will likely play an important role in the common good bank system.
Common good banks will invest only in socially and environmentally responsible businesses. Green America has a well-established program for certifying “green” businesses and has [...]
November 30, 2009 – 11:01 am
Common good banks made the front page of the Clean Yield investor newsletter this month (see below). We have, at this moment, 42 interested qualified investors. We will see if together we can come up with $1.5 million by the end of the year, so that we can apply for a charter and move forward [...]
October 13, 2009 – 8:48 am
“There is one bit of advice given to us by the ancient heathen Greeks, and by the Jews in the Old Testament and by the great Christian teachers of the Middle Ages, which the modern economic system has completely disobeyed. All these people told us not to lend money at interest: And lending money at [...]
September 24, 2009 – 4:17 pm
Welcome to the new common good bank website!
As you can see, this is now a WordPress site, so you can comment on any page or participate in discussions in the Forum.
In the interests of transparency, we will be using this site as much as possible for all our advisory board and staff discussions.
Our lead translator [...]
Hi folks,
Sorry to be silent so long. The common good bank project has taken off in a big way. We now have 25 staff members working all over the country to create community divisions (up from just one staff member in Febrary). I have been scrambling to keep up, developing better promotional and training materials [...]
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Money is just an accounting system, keeping track of who is entitled to how much goods and services. Edwin Clarence Riegel pointed this out as early as 1944. However, most people still think of money as something physical — something that has to “come from somewhere”.
Collectively, in your local community, you indirectly borrow millions of [...]
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February 5, 2009 – 10:08 am
Unearned income is the root cause of poverty. I searched the internet for this phrase (and dozens of variations) and came up empty. Why has no one said this before?
I have been including a 5-minute crash course on “what is money” in my presentations for several months now. Here’s the 5-second version: Money (whether represented [...]
February 4, 2009 – 4:22 pm
I made about two dozen presentations all over the Pioneer Valley in December and January. Turnouts were small but VERY enthusiastic.
I had planned on saving the daylight hours for rest and making a living. I had expected that for each presentation I would simply show the video and answer questions. But it didn’t turn out [...]
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