Dan Pelegero

Avid learner of all things cinema, soccer, payments and farce. So mostly 💩

[Public Bank Los Angeles @publicbankla]

A large portion of our city’s budget goes towards repaying loans with interest to Wall Street banks instead of investing in affordable housing, education & public services. It's time for LA to regain control over our finances & create a public bank! #peoplesbank @FixLANow

[Public Bank Los Angeles @publicbankla]

Huge news! The Economic Committee, led by Chair @CurrenDPriceJr and Councilmembers @HugoForCD13 and Park, moves forward with funding the Los Angeles public bank RFP, paving the way for a bank that directly serves the needs of LA communities.

[Public Bank Los Angeles @publicbankla]

We're out here tabling at the @SunriseMvmtLA block party, connecting with the community on the benefits of a public bank that will leverage its deposit base & lending power to benefit LA residents with affordable housing, sustainability initiatives & critical community needs.🌱

[Dan Pelegero @Dangerpele]

The good news keeps rolling in

[Public Bank Los Angeles @publicbankla]

BREAKING! Back-to-back wins in CA & LA. Los Angeles City Council unanimously approves motion authorizing public bank action plan, the 1st municipal bank in the US. #PublicBankLA will reinvest profits in the public interest, putting the power of capital in the hands of the people.

[Dan Pelegero @Dangerpele]

I’m this system, to reduce poverty, we need to increase access to equity. Just another step in towards that future.

[CalAccount @bankcalnow]

Today @GavinNewsom signed #AB1177 , the California Public Banking Option Act, which sets into motion the creation of the CalAccount program, which would guarantee basic banking services to all Californians without fees or penalties.

[Dan Pelegero @Dangerpele]

Utterly fascinating approach to breaking the gridlock and enabling green finance
https://t.co/XRxMI57jcL

[Market Urbanism @MarketUrbanism]

I suspect financing issues are actually zoning issues. This type of building is allowed so rarely in America that I can see why it wouldn’t make sense for banks to spend resources creating loan products for it

[Dave "Someone you trust is one of us" Birch @dgwbirch]

Fintech thinks it’s all that. This was in 1508.

[Dan Pelegero @Dangerpele]

@lanalana Any companies using it as training materials yet?

[Dan Pelegero @Dangerpele]

@kennethmejiaLA Sanitation

[Ben Thompson @benthompson]

Imagine people arguing in 1998 that Microsoft deserves 30% of all software sales with zero alternatives allowed lmao

[Dan Pelegero @Dangerpele]

Funny what happens when people are given the support to sustainably exist in our economy https://t.co/AATBntx2jM

[Kenneth Mejia, CPA @kennethmejiaLA]

My comments to the Budget & Finance Committee:

We have to look at spending in relation to the TOTAL city budget. 250k LA households live in poverty. @MayorOfLA is budgeting $179.7M to key "Justice & Equity Programs". That's 1.6% of the city budget. That is not just or equitable.

[Dan Pelegero @Dangerpele]

@PostDuhh @spieltimes @GYXdeals It might added to a blocklist, but different devices, and trying at a different time will also be fine. More likely the risk score of this specific transaction will trip a blocker, not a perma-ban.

[derecka @dereckapurnell]

more than anything, more than any retweet, more than any book you'll read, more than vote you can cast, i desperately hope you join or start a grassroots organization and fight for our collective liberation

[Alex Vitale @avitale]

Chauvin was found guilty because he had to be to preserve the current system of policing. The Dept. turned against him to save itself.

[Ezra Klein @ezraklein]

One fun thing about having a toddler is how relentlessly they point out all public services in eyesight at any given moment.

Mail trucks! Fire engines! Playgrounds! Buses! Libraries! Bridges! Ambulances!

And they're right! Public goods are amazing.

[Los Angeles Public Press @LAPublicPress]

The mayor will give his annual State of the City address tonight at 5:15pm.

Tomorrow, he releases his 2021-22 city budget kicking off the process of City Council hearings. They have until June 1 to modify or approve.

Watch tonight on Twitter @MayorOfLA or on Channel 35

[Dan Pelegero @Dangerpele]

@pinguino @krakenfx Interesting there’s a delay since Kraken uses an automated IDV solution

[Patti Hewitt @PaymentGal]

It's happening in just a few hours - register as soon as you can!