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Public Banks’ Support to Households and Firms
Image by mohamed Hassan from Pixabay By Paulo Medas and Elif Ture, International Monetary Fund, Fiscal Affairs| April 6, 2020 Given the extraordinary circumstances of the Covid-19 pandemic, public banks—if financially sound and sufficiently well-resourced—can...
In challenged economy, having public banks as U.S. financial first responders would get resources faster to those who need them most
Food and water distribution to Navajo Nation families in the communities of Chichiltah, Bááháálí, Red Rock, Manuelito, and Tsayatoh in New Mexico. A public bank could strengthen economic support and community well-being within New Mexico. (Courtesy Navajo...
Colorado is in a health and financial crisis. A public bank is a solution.
Photo by Kurtis Garbutt via Flickr Creative Commons By Earl Staelin, Dragan Mejic, Juan Marcano, Colorado Independent | May 22, 2020 Public banking gains traction around the United States as states consider it as a possible solution to the ongoing COVID-19...
Another Bank Bailout Under Cover of a Virus
Photo: The American people are therefore entitled to share in the benefits and the profits. Banking needs to be made a public utility. (Twitter/@publicbankla) By Ellen Brown, Common Dreams | May 18, 2020 Insolvent Wall Street banks have been quietly bailed out...
Five Proposals to Reshape Banking After Coronavirus
Photo by Micheile Henderson on Unsplash By Oscar Perry Abello, Next City | May 19, 2020 COVID-19 has underscored the need for banking that is transparent and accessible, supporting local communities and projects that support economic development. Radical...
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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