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...
Small Businesses Were at a Breaking Point. Small Banks Came to the Rescue.
Photo: Beaver’s Cafe in Minto, ND. (By Eric Hylden/Grand Forks Herald) By Peter Rudegeair, Orla McCaffrey and Liz Hoffman, The Washington Post | May 4, 2020 Where big banks are favoring certain customers for PPP loans and delaying loan-taking processes...
We Need Ethical Banking In The Era Of COVID-19
By Nizan Geslevich Packin, Forbes | Apr 25, 2020 Image by Credit Commerce from Pixabay In the current environment of medical and economic uncertainty, we all find ourselves desperately seeking safety and stability. In such times of uncertainty, cash is king. And who...Upcoming Events
National Council for Science and the Environment and Drawdown are bringing together leaders, research partners, scientists, decision-makers and friends from across the globe to share their science and solutions to the world’s most pressing global challenges. This joint conference will:
The third annual Legislative Action Expo will be a virtual meeting place where Democratic voters, legislators, and issue-based organizations all gather together – an ideal opportunity to explore, discuss, and promote issues of concern and actions sought.
Join NM Healthy Soil Working Group for this Special Edition to learn about policy proposals for the 2021 legislative session, aiming to scale up soil health and regenerative agriculture in New Mexico.
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