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Proposal Details

Proposal ID309
ProposalMoving The Money To Main Street Campaign
PresenterGreen Party of TN
Floor ManagerJody Grage
Discussion08/13/2007 - 08/26/2007
Voting08/27/2007 - 09/02/2007
Presens Quorum34 0.6666
Consens Quorum49 A Majority of Yes and No Votes


The top financial institutions are the largest buyers of influence in our government. By using major U.S. Banks for checking accounts, investments, mortgages and/or credit cards people are enabling the centralizing of power to those who are the primary movers behind the policies that give us wars, environmental degradation and no healthcare.

  a.. The amounts of money we run through our bank accounts are small but not
insignificant, especially to smaller institutions.
  b.. Deposits moved to community-based financial institutions give us a greater
ability to influence investment decisions, such as for organic farms or local energy projects.
  c.. Coordinated economic boycotts have successfully changed business practices to be more sustainable. We can apply this tool to the largest financial institutions for a broader impact.
  d.. Telling institutions why we are doing this, and that it is part of a nationalcampaign, will make an impression.
  e.. How we vote with our money and how we use our money can be a significant source of political power.


Create a mechanism whereby individual Greens and state Green Parties can participate in a coordinated campaign to withdraw their funds/investments from the major banks and reinvest their accounts in credit unions or local banks that they determine are well managed with excellent reputations for investing in their local economies in a sound way. This effort will include, but not be limited to:

  a.. A list-serve for participants to organize their efforts, to find and research sound financial institutions, and to facilitate outreach to local communities for broad-based support and participation.
  b.. A planned series of actions where groups of Greens withdraw and/or invest in specific institutions together for greatest impact.
  c.. Coordination of these actions to make the most of local and national media
  d.. Amplifying the impact of these actions by implementing them in a one month
period, tbd.
  e.. Providing presidential candidates a tangible example of Green Party support for community-based economics.
  f.. Developing a GPUS webpage that will chronicle the campaign including its
progress, success stories, list of actions, how to get involved, resource lists
including Questions to Ask Your Banker, How to Research Your Bank, etc.

By supporting our local communities and not financing those who manage the government bank accounts in a corrupt manner we establish ourselves as the Party of Peace, Social Justice and Community-based Economics.


NC delegates and other Greens across the country who are interested in participating, GPUS dedicated list-serve, GPUS webpage, Catherine Austin Fitts

Contacts: Katey Culver GPTN
Howard Switzer


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