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State public bank would be valuable asset
Letters to the Editor, Albuquerque Journal | January 6, 2020 In “Turning the Economic Corner Will Take Teamwork” Joe Farr asks, “Why do we have the second highest poverty rate in the U.S., much higher than our neighboring states?” His conclusion is not...
New Mexico needs a public bank
Graphic by Shutterstock By Doug Lynam, Santa Fe New Mexican | January 5, 2020 New Mexico is No. 1. In payday lenders per capita, that is. According to a study by California State University, Northridge, we have almost 10 times more payday lenders than we do...
2020 Was the Year of Demystifying Money for Cities
Photo by Jorge Salvador on Unsplash By Oscar Perry Abello, Next City | December 29, 2020 Money. Where is it? Where does it come from? Who is working on ways to get more of it to where cities need it most? When I look back at 2020, I see these are the questions...
Tackling the Infrastructure and Unemployment Crises: The “American System” Solution
Photo courtesy Pixabay.com By Ellen Brown, Web of Debt Blog | December 18, 2020 A self-funding national infrastructure bank modeled on the “American System” of Alexander Hamilton, Abraham Lincoln, and Franklin D. Roosevelt would help solve not one but two of...
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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