Free banking in California? New bill tackles access and racial equity
Access to basic banking services is under new focus as California seeks to address economic and racial inequity during the pandemic. (Sam Hodgson / San Diego Union-Tribune) By Margot Roosevelt, Los Angeles Times | April 6, 2021 Escalating overdraft charges....
California Leaders Propose Nation’s First Public Banking Option
Photo by Eduardo Soares on Unsplash By Jana Kadah, Bay City News Service | March 31, 2021 California is presenting a different public banking model than New Mexico’s, which would not offer personal bank accounts Five California legislators are...
Public Banking Can Help Cleveland Reinvest In Itself
Photo by Jimmy Pigg, Flickr (CC BY-NC-ND 2.0) By Geeta Minocha, Cleveland Scene | April 1, 2021 Bob Hope, one of Cleveland’s greatest sons, once quipped, “A bank is a place that will lend you money if you can prove that you don’t need it.” In this one-liner is...
Legislator seeks to create free banking services for Californians
California capitol building in Sacramento. Photo by Mathieu Thouvenin, Flickr (CC BY-NC-ND 2.0) By Mark Anderson, Sacramento Business Journal | March 29, 2021 Los Angeles Assemblymember Miguel Santiago has introduced legislation that would form a state panel to...
‘What Are We Going To Do?’: Towns Reel As Banks Close Branches At Record Pace
Photo by throgers, Flickr (CC BY-NC-ND 2.0) By Scott Horsley, NPR | March 26, 2021 A NM Public Bank would support and grow our local banks through loan partnerships George Holland, the mayor of Moorhead, Miss., remembers the feeling when he heard that Regions Bank was...Upcoming Events
A discussion with Ray Archuleta and David Johnson about regenerative agriculture in New Mexico. Part of NMSU’s series of Environmental Sustainability Talks.
California’s New Public Banking Option Opens Door for Real Community Investment
FAIR / Truthout.org
Economy & Labor
Oct 22, 2019
Janine Jackson interviews Public Bank LA’s Trinity Tran about public banking for the October 11, 2019, episode of “CounterSpin.”
Ellen Brown’s
2019 Book
Today most of our money is created, not by governments, but by banks when they make loans. This book takes the reader step by step through the sausage factory of modern money creation, explores improvements made possible by advances in digital technology, and proposes upgrades that could transform our outmoded nineteenth century system into one that is democratic, sustainable, and serves the needs of the twenty-first century.
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