Lasiewiczn, sign up at http://commongoodbank.com/ and definitely watch their video.
It's a shame that they can't open because only "qualified investors" (millionaires) are allowed to invest in the $1.5 mill required start-up capital. (US law)
$1.5 mill is NOTHING compared to the trillions thrown at the big banks. Thousands of Americans could finance the CGB by writing a check. All those "liberal" actors etc are all talk, no action. They have no problem financing politicians to gain influence.
The CGB has everything in place (surveys, regulatory requirements, partners for ATMs, etc.) including a very experienced and qualified CEO and other key staff.
You can't have non profit bank, but the CGB is as good as it gets.
If anyone is interested in forming a credit union NOW (they're non profit), please contact me. They're fairly easy and cheap to start -- compared to a bank.
John, you inspired me to open a Pilsner Urquell, prost!
As an alternative to the Irish, I recommend the German monasteries where they (used to?) fast and the only "food" was the beer they had brewed. Good stuff!
In fact, I've said for years that if I was a guy, I'd seriously consider joining a monastery and leave all the BS behind.
Since that wasn't an option, I chose the desert and I hope to one day enjoy some desert wine, the grapes are doing great.
I totally agree that banking is only PART of the overall problem. That said, I voted for Ellen's proposition even though I expect nothing to come of it.
Does ANYONE actually believe that Obama could simply take the power to create money away from the banks even if he wanted to?
I'll be thrilled if Ron Paul's bill to audit the Fed passes.
So for all who REALLY want to make a difference, VOTE with your MONEY!
I defaulted on $90,000 in credit card debt and if just a few million Americans voted with their money, we'd see some serious changes.
My open letter to WaMu explaining my business decision to stop paying my debts is posted on the web.
I also created a new currency -- money NOT created by the banks, the TRADO.
As long as MOST people cheerfully pay their taxes and their debts, nothing will change.
My prediction: that's exactly what will happen and the only changes might be a new national sales tax and fewer civil rights.