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Monetary policy takes center stage: MMT, QE or public banks?
A network of public banks including a central bank operated as a public utility could similarly fund a U.S. Green New Deal – without raising taxes, driving up the federal debt, or inflating prices. Nation of Change; Ellen Brown / OpEd As alarm bells sound over...
Banking on the Public
A New Mexico advocacy group wants to let the people decide what happens with their money Santa Fe Reporter, Will Costello In late 2016, Wells Fargo, the consumer lending behemoth of Wall Street, attracted the eyes of the Consumer Financial Protection Bureau, the...
Bank of North Dakota celebrates 100 years
By Bonnie Melbers, Dec. 8, 2018, Grand Forks Herald The Bank of North Dakota turns 100 years old next year, but it’s just as important today as when it was founded in 1919, the bank’s executives said. It is the only active state-owned bank in the country....
Standing Rock’s Surprising Legacy: A Push for Public Banks
Jan. 2, 2019, Deonna Anderson, Yes! magazine The effort to divest from Wall Street—and stop environment-killing projects gained momentum after the historic pipeline protest. Here’s what a city needs, and could gain, from municipal banking. In February 2017, Seattle...Vote your values with your dollars: Support an SF public bank
By Zac Townsend | San Francisco Chronicle OPINION, May 7, 2018, 6:00pm We should organize San Francisco to prioritize supporting local financial institutions over big banks — some of the least ethical corporations in the United States. Almost every dollar the...
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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