Representative Christine Chandler from Los Alamos shared some big ideas for the budget surplus the state legislature will get to work with in the 60-day session this winter. It was published in three papers over the weekend. Here is an excerpt: Diversifying and...
NEXT CITY, by Oscar Perry Abello February 17, 2022 The stated mission of the proposed Philadelphia Public Financial Authority is to support Black-owned businesses and other businesses in neighborhoods that have historically lacked access to credit. (photo:...
Image by Images Money / CC BY 2.0 By Ellen Brown / CounterPunch | December 28, 2021 The Fed has options for countering the record inflation the U.S. is facing that are far more productive and less risky than raising interest rates. The Federal Reserve is caught...
Photo by Friends of Earth Scotland, Flickr (CC BY 2.0) By Paras Griffin, Truthout | June 9, 2021 The movement to create public banks is gaining ground in many parts of the U.S., particularly as part of an effort among activists and progressive lawmakers to...
For businesses to reopen and cities to bounce back post-pandemic, it’s going to take some work — and maybe some money from this little-known funding program. (Photo by Bernard Spragg. NZ / Public domain) By Oscar Perry Abello, Next City | June 1, 2021 ...
Jeff Bezos is one of the biggest winners of this new techno-feudalist system. [Daniel Oberhaus / CC BY 2.0] By Ellen Brown, Scheerpost | May 18, 2021 The crisis of 2020 has created the greatest wealth gap in history. The middle class, capitalism and democracy...
We Listened! Thank you to the many who responded to our Supporter Survey. You told us you want to hear more about the working details of a Public Bank of
We Listened! Thank you to the many who responded to our Supporter Survey. You told us you want to hear more about the working details of a Public Bank of New Mexico and the populations it would serve. We heard you! Please sign up to attend one of three Alliance Webinars on Zoom available to everyone.
AFLEP continues to be a voice for investment in New Mexico community and rural development. The needs are great and we can do better. Let’s take risks and think more creatively, encourage innovation and determine how to expand New Mexico’s financial capacity to make more investments than are currently possible. More focus on desired outcomes; collaboration of nonprofit advocacy groups, state departments, even private investors, and, ideally, a public bank; and more attention to equity in that financing are needed.
Each webinar will use a geographic area of New Mexico as an example of how the Public Bank will benefit our communities. Please sign up for the webinar of your choice. Registration is required. Sign up here.
Wednesday, November 30 at noon – Highlighting the Gallup / Four Corners area
Wednesday, December 7 at 6pm – Highlighting Las Cruces / Deming / Silver City area
Wednesday, December 14 at noon – Highlighting Raton / Las Vegas / Taos area
March 10, 2022 | by Shawn Donnan, Ann Choi, Hannah Levitt and Christopher Cannon
When Mauise Ricard III paid a $560.43 application fee to Wells Fargo & Co. on Valentine’s Day in 2020 to refinance his mortgage on a four-bedroom brick colonial in a leafy suburb of Atlanta, he had every reason to expect an easy ride. The Microsoft Corp. engineer is married to a doctor and has a credit score north of 800, putting him in America’s credit elite. The loan officer at the bank even told him he was probably eligible for a fast-track appraisal.
Bob Mang, Re-Genesis Inc, Co-Founder (Retired) and AFLEP Board member, talks about rural economic development and how business guilds can regenerate communities.
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.”