"Rather than feeding off the community, banking can nourish the community and local economy":
This article originally appeared on AlterNet.
According
to both the Mayan and Hindu calendars, 2012 (or something very close)
marks the transition from an age of darkness, violence and greed to one
of enlightenment, justice and peace. It’s hard to see that change just
yet in the events relayed in the major media, but a shift does seem to
be happening behind the scenes; and this is particularly true in the
once-boring world of banking.
In
the dark age of Kali Yuga, money rules; and it is through banks that
the moneyed interests have gotten their power. Banking in an age of
greed is fraught with usury, fraud and gaming the system for private
ends. But there is another way to do banking; the neighborly approach of
George Bailey in the classic movie “It’s a Wonderful Life.” Rather than
feeding off the community, banking can feed the community and the local
economy.
The following Guardian article compares the Big Six high street banks in the UK to The Cooperative Bank: http://www.guardian.co.uk/money/2012/jul/20/cooperative-bank-how-compare
Can the Coop be a new force for good? LET'S HOPE SO!
http://www.independent.co.uk/money/spend-save/can-the-coop-be-a-new-force-for-good-7962494.html 
No comments:
Post a Comment