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Finding Common Ground
Judy Wicks. Photo courtesy Where’s Wicks? Newsletter By Judy Wicks, Where’s Wicks? Newsletter | December 8, 2020 Public Banking can play a strong role in supporting local community development. The 2020 election has left us a deeply divided...
Rashida Tlaib and AOC have a proposal for a fairer, greener financial system — public banking
Photo by Greg Nash By Emily Stewart, Vox | October 30, 2020 A public option, but for banking. That’s what Reps. Rashida Tlaib and Alexandria Ocasio-Cortez are proposing in a new bill unveiled on Friday. The Public Banking Act, first shared with Vox, wouldn’t...
Buying Local, Expanding Agriculture
Food Depot warehouse in Santa Fe. Photo by Anson Stevens-Bollen By Katherine Lewin, Santa Fe Reporter | October 28, 2020 A New Mexico public bank could reduce the cost of expanding the state’s agricultural infrastructure County commission passes...
Downturns may be the best time to start a bank with a mission to serve underserved or disinvested communities
Southside Community Development and Housing Corporation recently obtained a loan from Virginia Community Capital to purchase this building and the vacant lot next door to provide rental units for prospective first-time homebuyers. (Photo courtesy Dianna Bowser) By...
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...
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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