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California Just Legalized Public Banks. Will the Rest of the Nation Follow Suit?
The new law promises to take taxpayer money back from Wall Street and reinvest it in communities. By Ananya Garg, Yes! Magazine / Oct 3, 2019 The Standing Rock movement in 2016 brought together Indigenous activists from across the nation to fight against the...
California just legalized public banking, setting the stage for more affordable housing
California Governor Gavin Newsom. By Gage Skidmore, Flickr (CC BY-SA 2.0) Supporters say the change allows for funding infrastructure demands or providing loans to public agencies at low rates By Mario Koran, The Guardian / Oct 4, 2019 Cities and counties...Public banks can be formed in California as Newsom signs new law
By James F. Peltz – Los Angeles Times California cities and counties will be allowed to establish public banks under a controversial bill signed into law Wednesday by Gov. Gavin Newsom, making California only the second U.S. state to allow such institutions....
Public banking can fund green investment
Original image from The Hill. Copyright of Photographer To ensure the long-term environmental health of the planet, we will have to spend. This spending cannot be wasteful, but must embody a pragmatic investment in our future. Estimates predict that we will have to...
Wall Street Beware: The Public Banking Movement Is Coming for You
(above) Members of the San Francisco Public Bank Coalition rally at San Francisco City Hall to demand the creation of a public bank. photo by: Kurtis Wu It may not come as a surprise to hear that the majority of Americans don’t trust the banking system in this...
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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