In a move that could have repercussions on the fracking industry nationwide, Manchester in northwest England has announced that it is effectively banning the practice.
Los Angeles public bank
Angelenos are no longer interested in business-as-usual politics. They want to see progressive reforms in the people’s best interest — and creating a public bank is the clearest example of that.
After Santa Fe ceded ground as the first metropolis ready to lead us into an era of public banking, the City of Los Angeles has jumped to the forefront of the banking revolution.
A Bank of the City of Los Angeles would not compete with commercial banks but would partner with them, using its tax revenue deposits to create interest-free credit for lending programs that go toward funding city projects.