[Bank] Fwd: Bank Working Group meeting on proposed April 14 Teach-in - report

Ridgely Fuller ridgelyfuller at gmail.com
Thu Feb 16 17:58:49 EST 2012


---------- Forwarded message ----------
From: David Oscar Knuttunen <oscar at knutdav.com>
Date: Thu, Feb 16, 2012 at 5:11 PM
Subject: Bank Working Group meeting on proposed April 14 Teach-in - report
To: FSU List OB <fsu at lists.occupyboston.org>, Ridgely Fuller <
ridgelyfuller at gmail.com>, Paul Shannon <PShannon at afsc.org>


Report from the Bank Working Group meeting attached and pasted in below.

David Kn.


Bank Working Group meeting on proposed April 14 Teach-in
2/15/12

Present: David Kn., Ridgely, Paul Shannon
Scribe: David Kn.

After considerable discussion, we agreed on the following preliminary,
three-part schema for the teach-in, with the understanding that this is a
WORKING DOCUMENT.

1.      A left economist (maybe two) to give background and overview: How
the banking system works and it's role in the economy.  How this has changed
over time, and how this led/contributed to the problems to be discussed in
Part 2.  Include discussion of Federal Reserve, Shadow Banking...

2.      A panel of knowledgeable activists to speak on a series of
problems/issues created (either entirely or in large part) by the banks:
       - foreclosures
       - student debt
       - consumer debt
       - state budget crisis/cutbacks/austerity
       - political influence (of banks)/campaign finance/citizens united

3.      Progressive alternatives/solutions:
       - Glass-Steagall/better regulation
       - cooperative banks (democratic credit unions?)
       - public (e.g., state) banks
       - writing down mortgages
       - restructuring credit card debt, student debt
       - free public higher education (as addressing student debt)

We discussed that we might put some of the "solutions" into the Part 2
discussion - particularly short-term solutions that specifically dealt with
the problem being addressed, and reserve the separate Part 3 for bigger
scale, or longer term solutions.

Other stuff we thought ought to be fit in:
- Obama's foreclosure deal
- MBTA solution(?)

We also want to include some specific activist component, e.g. a tax-day
action against the banks (this assumes that research will show they don't
pay taxes, or at least not their fair share).

We are undecided on the length of the teach-in.  Three hours?  Four hours?
Much to cover, but how much patience will people have?

Attachment:
 Bank Teach-in Mtg 12-02-15.doc
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