The Portland Alliance

The Portland Alliance: Behind the Headlines: Breaking News Page! http://www.theportlandalliance.org/breakingnews BREAKING NEWS AT THE ALLIANCE Wednesday, February 24 at 7 PM - 9 PM in PST First Unitarian Church, SW 12th and Salmon, Portland OR Has the time come for creating a public bank in Portland? Too-Big-To-Fail banks are tied to high risk speculative investing for the benefit of the bank's major stock holders. Currently, the city's deposits are held by private banking establishments. What could happen if, instead of supporting those banks via our city's use of those banks, we created a locally owned public bank to cycle city revenues back into the local economy? How much additional revenue from such a

February 2016 Portland Alliance February 8, 2016  The Portland Alliance Speaking Truth to Power Since 1981 Vol. XXXVI, Number 2 February 2016 http://www.ThePortlandAlliance.org/2016/February Does Bernie Sanders’ Imperialism Matter? by Shamus Cooke Critiquing Bernie Sanders from the left can be a lonely project. There is a “hope” -powered hysteria sur- rounding his campaign, an bursting the “hope” bubble can produce a fierce backlash. The Sanders “hope” explosion is so fierce because capitalism has become a hopeless place. Hope can be positive by pushing people into political action, but it’s also exploited by the establishment as shiny bait. Obama, for example, fished for votes using “hope” and reeled in the presidency. He then clubbed “hope” senseless by betraying his promises, continuing war and maintaining the domestic policies of the 1%. Hope was so thoroughly thrashed that a new messiah of hope was needed to cure the Obama-fortified