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The Movement To Stop Dollar Stores From Suffocating Black Communities
By AALLYAH WRIGHT for Capital B News | MAY 17, 2023 — Some say the stores—disproportionately found in low-income, rural, and Black areas—stifle economic growth and job creation and exacerbate food insecurity. For years, the Rev. Donald Perryman wondered why the...
Revolving fund bills show gaps in NM financial capacity
by Angela Merkert, Executive Director, AFLEP — Whew! That 60 day session went by fast. Over 240 bills were passed of the more than 1000 filed. A number of those bills will support increased local economic prosperity. We are grateful for legislative support for...
What Silicon Valley Bank’s Collapse Says About Banking And Community
By Oscar Perry Abello for NextCity | MARCH 13, 2023 — Focusing on wealthy people and their startup investments is not a sign of good risk management at a bank. Banking has never been about avoiding risk. It’s about managing risk. For years, especially...
Will a public bank prove recession-proof for East Bay cities?
By KATIE LAUER for SiliconValley.com | February 26, 2023 — Financial lending would focus on affordable housing, small business, green energy and municipal finance Image above: Trader Michael Gallucci works at his post on the floor of the New York Stock Exchange,...
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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