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Reader View: Public banks can work for citizens
In a recent op-ed column, Jim Lodes (“A public bank for Santa Fe? Too expensive,” My View, June 11), warned against creating a Santa Fe public bank and said, in part: “Over the last few decades, not one city, county or state has analyzed this and decided to start a...Read Up On Public Banks, Then Decide
Recently, several letters have appeared in The New Mexican opposing a public bank for Santa Fe. The key argument is that the bank would be managed by the city. That’s not how a public bank works. As a chartered bank, a public bank would be managed by professional...Pay To Play
In his op-ed (“A public bank for Santa Fe? It’s too expensive,” June 12), Jim Lodes suggested that instead of establishing a public bank, Santa Fe could earn better interest investing in New Mexico’s State Investment Council fund. He’s right that Santa Fe doesn’t...Better Banking, Funding
After I read Dan Metzger’s opinion piece (“Santa Fe could use a public bank,” My View, April 24), I understood why a public bank would be good for Santa Fe. I know the city often borrows money to pay for parks, roads and other public projects we citizens use and...Banking Sense
I recently attended a meeting about starting a public bank in Santa Fe. What I learned is that it is hard to understand how a public bank works because the structure is so simple. A public bank would be owned by the city and managed by professional bankers under the...
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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
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