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In American Towns, Private Profits From Public Works
BAYONNE, N.J. — Nicole Adamczyk’s drinking water used to slosh through a snarl of pipes dating from the Coolidge administration — a rusty, rickety symbol of the nation’s failing infrastructure. So, in 2012, this blue-collar port city cut a deal with a Wall Street...Public Banks Can Help Cities Honor Their Commitment to Give Sanctuary to Immigrants
Photo: The First Bank of the United States in Philadelphia. (Teemu008 / CC BY-SA 2.0) Mayor Javier Gonzales of Santa Fe, N.M., was defiant when he spoke with National Public Radio’s Kelly McEversin November. Donald Trump had just won the election after running...What’s all the fuss about a public bank in Santa Fe?
It was the windswept dust bowl in one of the most rural states in the country that forged America’s one and only public bank. The North Dakota public bank was launched in 1919 after farmers and ranchers, burdened with credit and harsh weather, saw land repossessed by...Oakland Just Voted to Explore Public Banking
The City of Oakland, California joins a host of other communities exploring public banking. In response to long-term economic instability and disappointment with the mainstream banking system, the Oakland City Council voted Tuesday to investigate a public banking...Letter: Open public bank to fund project
Dear Linn County supervisors, Let me commend you for your plan “to help the county’s waters, trails and wildlife habitats.” Forty million dollars, plus the cost of an election and the fees and interest associated with the bonds, is a lot of money. You could avoid...
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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