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Teach-in: It's Time to Break Up the Banks

Event Details

Teach-in: It's Time to Break Up the Banks

Time: May 11, 2010 from 4pm to 6:30pm
Location: First Congregational Church
Street: 2401 Cornwall Ave
City/Town: Bellingham
Website or Map:…
Phone: 671-3590
Event Type: speakers
Organized By: Dianne Foster
Latest Activity: May 10, 2010

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Event Description

***A teach-in promoted by Transition Whatcom Personal Finance Work Group***

Tired of bank bailouts, banker bonuses and credit default swaps while basic human services are de-funded? You ain’t seen nothing yet, until the next financial meltdown. With 6 banks now in control of 60% of GDP, and still gambling after all these years, we’re headed for “Financial Collapse 2.0, Where Did all the Money Go?” A teach-in for our times, how we the people can re-structure Wall Street.

Special speakers:

Dr. Simon Johnson, Professor of Economics at Sloan School of Management, MIT, former chief economist of the IMF, discusses his new book, 13 Bankers, The Wall Street Takeover and the Next Financial Meltdown. He has covered PBS, NPR, “Atlantic” Magazine, Colbert and Bill Maher shows about breaking up the “too big to fail” banks. While bank lobbies spend $1 million per day to defeat financial reform, he is our one-man lobby. See him live and ask questions.

Kristi Laguzza-Boosman, M.A., former outreach coordinator KCTS Channel 9, author of Plan B, Recalibrating an Economy in Decline, Building an Economy in Balance- will discuss relocalizing for a post-carbon era, and we will present the “Move Your Money” campaign, out of national monopolies, into local and nonprofit banks. (see Huffington Post).

Sponsored by Bellingham chapter “A New Way Forward”, (member of Americans for Financial Reform Coalition), and Whatcom Progressive Grassroots Network, Whatcom Human Rights Task Force, Connecting the Dots, Western Associated Students, Western Dems, Community Food Co-op, Jobs with Justice.

Admission free, donations gladly accepted. Questions? 671-3590

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Comment by Heather K on May 2, 2010 at 11:58am
Teach-In sounds good! I hope somebody will be there to video and find a way to post it.
I may not be attending, as the same night, there is a TW sponsored event with Larry Korn who is in town from May 10-12th.
He is the editor of the classic book "The One Straw Revolution" on natural farming principles.
Mon May 10-
and Tues May 11-
Comment by Dianne Foster on April 27, 2010 at 2:40pm
Wow, Judith, thank-you for this wonderful announcement. It is going to take the collective will of all of us to show our government we mean business about re-structuring the fraudsters that robbed our resources. What galls me the most is the last 30 years wasted - that financing could have provided a post-carbon infrastructure instead of failed housing and retirements for millions! Without the Kaufman/Brown amendment to limit bank size to 2% of GDP, most of Dodd's "financial reform" package puts weak regulations under the Fed, controlled by the private banks. More fox watching the henhouse stuff.

Attending (5)

Might attend (4)

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