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Legislators need political will to act
Image: Roundhouse in Santa Fe, NM (Mr.TinDC, CC BY-ND 2.0) By George Gamble, Santa Fe New Mexican | June 13, 2020 The money is there: It’s the political will that is needed. Daily news details the impact of the coronavirus health and economic crises on New Mexico, 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...
Mora County Growers’ Co-Op Fills Void
Local produce for sale at the Los De Mora Local Growers’ Cooperative in Mora, NM, photo courtesy Facebook By Molly Boyle, Albuquerque Journal | June 1, 2020 A state-chartered public bank could support the growth and development of local business and...
Small Banks Play Outsized Role
Image by 3D Animation Production Company from Pixabay By Stephen Hamway, Albuquerque Journal| May 13, 2020 Community banks in New Mexico have been showing their worth during the COVID-19 pandemic, processing around half of the small business loans despite...
With meat plant closures and meat shortages on horizon, can cattle ranchers survive?
Photo by Cristina Carreon, NM Political Report By Christina Carreon, NM Political Report| May 11, 2020 A public bank could protect New Mexico’s cattle industry from future calamities and halt the current trend of decline by reinvesting NM state tax...
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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