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Will New York Launch a Public Bank?
Senator James Sanders of Queens is the lead sponsor of the Senate’s public-banking bill. Image courtesy CityLimits. By Sadef Ali Kully, CityLimits | June 25, 2020 Now is the time to create a public banking system as the city prepares for deep budget cuts amid...
The pandemic made the racial wealth gap worse: These 8 policies could fix it
Image by Jeff Balbalosa from Pixabay By Kristin Toussaint, Fast Company | June 19, 2020 A state-chartered public bank could provide financial support for many of the policies mentioned here. From postal banking to Medicare for All to baby bonds, this series of...
Let’s not cling to the familiar. Let’s do better and create green jobs
Image: November 2019, NJ Gov. Phil Murphy holds a news conference to announce an executive order creating a board to develop an implementation plan for a public bank. (Governor’s Office, via Twitter) By Ed Potosnak, The Star-Ledger | June 16, 2020 New...
New York needs public banks
Image courtesy New York Communities for Change via Twitter By John Paraskevopoulos, Times Union | June 16, 2020 New York State is among many joining the movement for a state-chartered public bank. The COVID-19 pandemic has brought many of the...
Is Meaningful Change Beginning to Unfold?
Image: Caprock wind farm, courtesy www.theblondecoyote.com By Paul Gibson, Retake Our Democracy | June 16, 2020 Today we look at what public banking could do for NM. For those who think this is unrealistic, we provide some powerful evidence that things are starting to...
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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