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California treasurer wants the state to study a public bank option for pot businesses
California Treasurer John Chiang wants the state to consider creating a government-owned bank that could serve cannabis businesses, one of several recommendations aimed at helping bring those businesses into the financial mainstream. The recommendations, the product...The Public Bank Option – Safer, Local and Half the Cost
Phil Murphy, a former banker with a double-digit lead in New Jersey’s race for governor, has made a state-owned bank a centerpiece of his platform. If he wins on November 7, the nation’s second state-owned bank in a century could follow. A UK study published on...Regulation Is Killing Community Banks. Public Ownership Can Revive Them.
Ellen Brown | Web of Debt | Oct 30, 2017 Crushing regulations are driving small banks to sell out to the megabanks, a consolidation process that appears to be intentional. Publicly owned banks can help avoid that trend and keep credit flowing in local...Yes to Public Banking
Given the often “ungressive” character of its editorial positions, it comes as no surprise that The New Mexican advocates against a public bank for Santa Fe (“City must take care of finances,” Our View, Oct. 13). What is especially unattractive, however, is the...
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Episode: Everyone deserves a public bank
Join those who’ve endorsed a Public Bank for New Mexico
“I had the good fortune to work on this initiative before Bernie kidnapped all my time. This is one of those no-brainer initiatives that only the 1% could oppose. It has the potential to save the state millions of dollars by vastly reducing the cost of its bonds to improve infrastructure funding. in a public bank, our state funds can be used to build our local economy and our local infrastructure.”
– Paul Gibson
Retake Our Democracy