the first is credit unions and our community development banks. again, these are already in place. -- and/or community development banks. the idea would be to take the funds and farm them out to these banks who are meeting the social policy objectives discussed. the advantage of doing this approach is that organizations are in place, does not require changes in state law. the treasurer's office could make changes to put money into these institutions, and could do it very easily. credit unions missions is to serve its members. tens of the local organizations, non-profit, members of the governing board. they are considered advantageous generally to the member that the long that may not be able to get loans or credit from larger institutions. as far as community development banks, their mission is to serve the underserved, so they are exactly on point for the objectives you discussed. the disadvantages are they are only insured up to $250,000 per account, per institution. and they are limited, a limited number of these organizations that are already i

so rather the money being sent to wall street is kept in our community where the people in the community or the community bank to the board and discuss what's the that you worship investments go we talk about health care health care is something that is because of expense you. can't do it as an individual you know one one prescription could bankrupt you one one one one treatment can bankrupt you you need to have a group system that works and so what we are is evidence based we are not philosophically based capitalist any caps we look at what works and we advocate for what works and we have could people working on this and it's not just one person's idea we are practicing this the market size form of decision making in our own in our own ok if you're patient we go to the she had to guess i want to bring i want to tell here tony there's there is this claim out there that the u.s. government does more for big businesses and corporations bails them out but doesn't bail out the average american so is the government too friendly to corporations and not friendly enough to the average guy. let's take a look at the ev

the communities we serve." just two more. the people's bank from georgia. the people's bank was founded in 1890. it is a $30 million state chartered bank located in west central georgia, halfway between columbus and make acon. "we are the only community bank headquartered in the county or the two adjacent counties. funding from sblf boosted the bank's capital by 30% and allowed us to meet our plans to grow 10% annually for the possible future. thank you so much." finally, leader bank out of arlington, massachusetts. "leader bank is proud to be a participant in the small business lending fund to aid in september 2011, leader bank raced up approximately $12.9 million from treasury. using the allocated funds, leader bank has allocated $4 billion -- has led $4 billion to qualifying businesses and has supported accretion of 113 new jobs." a variety of businesses have borrowed funds from sblf, including firms in the biotech industry, as well as a frozen yogurt franchises, a neighborhood convenience stores, and few companies. one more letter from the women's business initiative in wisconsin. that is not

in terms of the extent to which they're providing community-oriented business and services, and these are the criteria that they are including. residential loan modifications made by the bank, small-business loans in the city, personal loans, a community reinvestment activity, and the average of their credit expanded. other proposals are being considered. we saw something in the last week or two, the city of los angeles reintroduce the notion of creating a public bank or exploring the option. i think it is in response to the occupy l.a. movement. they reintroduced legislation to look into that. the city of long beach in the city of davis in california and the city of mesa, arizona is exploring this option, as well as i think about 12 states that have legislation pending or research under way on the topic. so it seems to be a subject that is increasingly of interest to public entities. katie, who works on this project with me, is here as well. we will be happy to answer any questions or respond to any comments. supervisor avalos: great, thank you. i really appreciate the report. also, it is ironic how it has come up with exterior demonstrations and protests going on around

the banks on wall street. there's no reason to have a system where we do not profit and do not benefit from our commercial activity in san francisco. first, the community bank. if we practice for the presence, we will be able to produce billions of dollars we can use for our own infrastructure projects. this is where we start. easily within five or 10 years, we could have a $50 billion or $100 billion capital base to take care of the infrastructure needs of san francisco, so beyond that, we want to have a community development corporation. based on this concept, we should be able to improv

it's good for the entire community. at bank of america, we know the impact that local businesses have on communities. that's why we extended $7.8 billion to small businesses across the country so far this year. because the more we help them, the more we help make opportunity possible. hello, progresso. it fits! fantastic! ring ring] progresso. they fit! awesome thank you ring, ring [ man ] pro-gresso they fit! okay-y... okay??? you don't understand. i've been eating progresso because there's... 40 flavors 100 calories or less and now my favorite old jeans...fit. okay is there a woman i can talk to? [ male announcer ] progresso. you gotta taste this soup. >> welcome back. 6:12. mostly cloudy skies right now. there is some fog in some never is. we should have to much of a problem for the monday morning commute. things will change by the time we get to the cold front. the chance for rain increases this afternoon. you may run into some precipitation underway home from work. you see some precipitations' around the mountains. steady

the banks on wall street. there's no reason to have a system where we do not profit and do not benefit from our commercial activity in san francisco. first, the community bank. if we practice for the presence, we will be able to produce billions of dollars we can use for our own infrastructure projects. this is where we start. easily within five or 10 years, we could have a $50 billion or $100 billion capital base to take care of the infrastructure needs of san francisco, so beyond that, we want to have a community development corporation. based on this concept, we should be able to improve muni. we need to and the plantation model of housing in san francisco. we need a piece of the pie, not pie in the sky. i would like to use eminent domain to take over the san francisco housing authority. you can see my idea at my website. please join us. thank you. >> the league of women voters and sfgov tv

light of the possibility that even more people are going to shift away from the big banks with the monthly debit card fees to communityks and credit unions and other bangs that aren't imposing the fees. big banks are starting to see it just isn't good business to nickle-and-dime their customers and charge theme $5 a month for access to their own checking account. that's what they were doing. can you imagine the big banks ever changing course like this a few years ago? not a chance. but through reasonable regulation and consumers standing up and being alert, we're restoring transparency and competition to financial services. transparency and competition are part of a good functioning free market economy. it's not over by a long shot. the big banks still have enormous power and resources. they're going to continue to find ways to make money at the expense of their customers. and that's why we need to do several things. first, we need to confirm once and for all a director for the consumer financial protection bureau. now i know wall street banks and financial institutions and many on the other side of the aisle hate thi

and i just think that is a huge issue, impacting small business at the community bank level. one thing, i was visiting businesses last week in my district, and you always wonder did you get the right cross-section. but it seems like there were some signs of life. it seems like although we felt like we are still skipping along the bottom, that the firms that survived this seems to have adapted. some adjusted their business model. they made changes. and adding some employees, i visited a manufacture it in probably three services companies last week. very different picture from 2009 where the economy was in free fall, and the small businesses were getting their credit lines just got off. i mean, everybody was just going down. and so, and so that was tough. probably a better picture next week when i'm doing job here back in the district, because i know there's a lot of unemployed folks who have been out of work for very long time. and last point, if you just respond, and that is, i've had small businesses that are service related companies come to me and they're very concerned abo

three hundred thousand dollars now terry bool who we have on the show often she's in her investigations learned that amalgamated bank the community bank in which occupy wall street has placed their money is now under f.d.i.c investigation for creative accounting but this is the problem and like i said deck chairs rearranged on the titanic ok so here's another image sent in from john kraus in florida and it combines these two things the silver liberation army and the global insurrection against banker occupation history made fresh daily rise up max keiser dot com and r.t. excellent artwork keep it coming yes fenmore so i want to turn to you know we were talking about for. god and i want to talk turn to this little clip with william k. black who we've had on this show he's the former banking regulator who saw fifteen hundred plus bankers sent away to prison for fraud in the one nine hundred eighty s. the beginning of a teen on the scene and let's turn to this clip here on the dylan ratigan show only about a month ago the federal housing finance and ministration filed fraud complaint civil ones against seventeen of the largest banks

it's good for the entire community. at bankusinesses have on communities. that's why we extended $7.8 billion to small businesses across the country so far this year. because the more we help them, the more we help make opportunity possible. ♪ [ gong ] strawberry banana! [ male announcer ] for a smoothie with real fruit plus veggie nutrition new v8 v-fusion smoothie. could've had a v8. [ inner voice ] establish connection. give me voice control. applications up. check my email and text messages. hands in position. airbags. ten of 'em. perfect. add blind spot monitor. 43 mpg, nice. dependability. yeah. activate dog. a bigger dog. [ male announcer ] introducing the reinvented 2012 toyota camry. it's ready. are you? ♪ >> sean: we continue now with our great american panel. by the way you were tell me at the break your international politics professor framing constitution you have two liberal professors that are watching tonight. >> yeah. >> sean: wait a minute. i want to make an invitation to your two liberal professors come up on

it's good for the entire community. at bankamerica, we know the impact that local businesses have on communities. that's why we extended $7.8 billion to small businesses across the country so far this year. because the more we help them, the more we help make opportunity possible. keeps lead has passed the new revelations about the man behind helpful. paroquet the publicity is titled steve jobs. here is what we have learned so far. steve do need surgery for his pancreatic enter that he needed for nine months which he regretted. he tried luther herbal remedy to including jews fast, bottle cleanses, he vegan diet and health consultant a psychic. and he decided to fight it with modern medicine he had his dna sequence, he spares no expense. the child told biographer that he would destroy end troy to his last dying breath even if he had to spend the $40 billion cash hord do it. heenan know when the idea for his company name came from. he was animal fruit current and he visited an apple farmer in me, that it cliff-he thought he will