Invest in Kentucky

Occupied Lexington News

Invest in Kentucky is a grassroots initiative calling on the Kentucky State Treasurer to reinvest the Commonwealth of Kentucky’s public funds into a financial institution that is headquartered in Kentucky. In 2011 Kentucky’s accounts were moved to J.P. Morgan Chase, a financial institution that contributed to the financial collapse of 2008. JP Morgan has taken part in numerous unethical business practices, and has displayed a pattern of untrustworthy and unethical behavior.

You are invited to send our Kentucky State Treasurer the letter below, asking him to publicly consider where the state’s money should go. Just tear and send.

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Office of State Treasurer Todd Hollenbach

1050 US Highway 127 South, Suite 100

Frankfort, Kentucky 40601

Dear Kentucky State Treasurer Todd Hollenbach:

I am writing to ask you to move Kentucky’s Public Funds out of JP Morgan Chase and into a bank headquartered in Kentucky.

Kentucky’s public funds should be invested in the state of Kentucky. Banks lend idle funds, and Kentucky’s public funds, if they were located here in the Commonwealth, could be used by our local and state-wide banks to provide loans to Kentucky small businesses, prospective homeowners, and entrepreneurs that wish to create new jobs or expand their existing businesses here in the Commonwealth. In solidarity with Occupy Lexington, we demand that our tax dollars are taken out of Too Big To Fail banks like Chase and placed in a financial institution that will invest in Kentucky.

Sincerely,

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Signature

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Printed name