Chicago Aldermen Push Banks Doing Business With The City For More Equitable Lending
A row of Chase bank ATMs in New York City is pictured in this March 24, 2020, file photo, Citing their concerns about inequitable home mortgage lending by Chase and other banks, members of a Chicago City Council committee refused to vote on a measure this week to...
How Our State and Local Governments Can Save More Than $160 Billion a Year by Cutting Interest Payments to Investors
Image by Eric Perlin from Pixabay By Saqib Bhatti and Brittany Alston, Action Center on Race & the Economy | September 4, 2020 As the nation adjusts to the new reality of life in a pandemic, it has become clearer than ever before that a robust social safety...
Why Are Two Community Banks from Across the Country Merging?
Photo by Oscar Perry Abello By Oscar Perry Abello, Next City | September 15, 2020 When two banks merge, it’s often bad news for at least one of those bank’s communities. They could be merging because one of the two banks has failed, and regulators from the...
Public Banking in NM: A Critical Tool for a Just Economic Recovery
Image courtesy occupy.com By Paul Gibson, Retake Our Democracy | June 13 2020 Like the gas & oil industry, the banking industry was teetering on the verge of collapse well before COVID-19. Many feel a recession worse than 2008 lies ahead. A public bank could...
Small Banks Save Small Businesses, So Why Aren’t There More Small Banks?
Photo by Phil Trease / CC BY-NC 2.0 By Oscar Perry Abello, Next City| May 12, 2020 To bolster the local economy and support small businesses, we need institutions that support small banks. Local economy advocate Stacy Mitchell saw reports about how the...Upcoming Events
A discussion with Ray Archuleta and David Johnson about regenerative agriculture in New Mexico. Part of NMSU’s series of Environmental Sustainability Talks.
California’s New Public Banking Option Opens Door for Real Community Investment
FAIR / Truthout.org
Economy & Labor
Oct 22, 2019
Janine Jackson interviews Public Bank LA’s Trinity Tran about public banking for the October 11, 2019, episode of “CounterSpin.”
Ellen Brown’s
2019 Book
Today most of our money is created, not by governments, but by banks when they make loans. This book takes the reader step by step through the sausage factory of modern money creation, explores improvements made possible by advances in digital technology, and proposes upgrades that could transform our outmoded nineteenth century system into one that is democratic, sustainable, and serves the needs of the twenty-first century.
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