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Oakland, like several other cities around the country, is currently studying the feasibility of establishing a public bank. This type of banking offers enormous benefits for our local economy. We should move ahead with founding the Public Bank of Oakland as rapidly as possible. The Public Bank of Oakland will serve the people of Oakland by retaining the bank’s profits as public property to be used for our common good. Through public banking, we can help our own communities thrive rather than enrich the shareholders of Chase, where Oakland’s monies are now deposited, and other private banks. Learn all about public banking at a public forum Thursday, Feb. 9, 6pm, Oakland City Hall.
March 21 marks the seventh anniversary of one of the biggest events in Oakland history and in the nation’s fight against police terror in recent times. I am talking about the police murder of Lovelle Mixon two months after the videotaped police execution of Oscar Grant. Mixon’s fearlessness, audacity and strength in the heat of battle against the police, who have been rampantly killing Black people in Oakland’s Black community with impunity for decades, created a snowball effect of frustration and courage, which, in combination with the half a dozen rebellions in downtown Oakland surrounding the Grant case, pushed the tide of popular opinion in California towards the conviction of Mehserle.