Local Jobs Through Local Banking

Oct. 14, 2011 by Stacy Mitchell

See more of Stacey Mitchell's work at New Rules Project.

Local businesses have created over two thirds of new jobs in recent years. But big-business banks won’t lend to them; locally owned community banks provide the majority of small business loans.

Free Speech TV talks to Stacy Mitchell about the advantages of community banks and how they can aid economic recovery.

From Yes! Magazine

As the ranks of Wall Street protesters swell and solidarity spreads in other cities and nations, many Americans are asking, Why do they do it? And what do they imagine could replace Wall Street? After 15 years of outspoken criticism of the financial system, David Korten talks about moving back to a Main Street economy, and tells protesters nationwide why they give him hope.