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Originally posted by liquidsmoke206
apparently you've never heard of a credit union, go join one now.
Originally posted by Tangled2011
This might go down like a lead balloon, but I think its worth a try as I want to change the world, not for any personal benefit or recognition, but to serve humanity well in going forward. I trust us!...
....Sooooo I've been thinking, is it actually possible to start a new banking system. A local bank. The simple idea is just like any other bank you take peoples money, loan it out bring the money back in....greedy yeah? ....well not really, what if say 90%-100% of the profits could go back into the community, the area the bank is based in?
Could a system be created where the bank does the above except when it comes to profits it promises to invest it back into the community?
I would love a bank like this in my area, I'd pull all my money out of the big banks and move it into one like this, and I'm sure many others would too. Just think if you live in a small city, and this small city bank promised to take a large proportion of the profits and in turn, use these profits to do something like:
- Fit solar panels on every customers house.
- Build a new sports facility
- Invest the money into a local hospital
- Pay a salary for an extra home carer
- Upgrade bus services
Obviously at the moment it's just a pipe dream, but in all honesty I have to ask....
Is it possible?edit on 16-11-2011 by Tangled2011 because: (no reason given)edit on 16-11-2011 by Tangled2011 because: (no reason given)