by Anthony Colombo | Dec 11, 2016 | Local Economies, National, News, Print Media, Public Bank, Santa Fe
It was the windswept dust bowl in one of the most rural states in the country that forged America’s one and only public bank. The North Dakota public bank was launched in 1919 after farmers and ranchers, burdened with credit and harsh weather, saw land repossessed by...
by Anthony Colombo | Nov 18, 2016 | Local Economies, National, News, Public Bank, Public Banking
The City of Oakland, California joins a host of other communities exploring public banking. In response to long-term economic instability and disappointment with the mainstream banking system, the Oakland City Council voted Tuesday to investigate a public banking...
by Anthony Colombo | Nov 11, 2016 | National, News, Public Bank, Public Banking, Santa Fe
SANTA FE, N.M. — Creating a public bank in Santa Fe – an outside-the-box idea that has been kicking around since Mayor Javier Gonzales first raised it during his election campaign in 2014 – is coming back for a new round of public discussion. City Councilor...
by Anthony Colombo | Nov 5, 2016 | National, News, Public Bank
The brutal repression of indigenous and allied protesters at Standing Rock has shocked the conscience of fair-minded Americans, particularly those advocating economic and ecological reform. Although the protesters had in some cases been encroaching on “company land,”...
by Anthony Colombo | Oct 26, 2016 | National, New Jersey, News, Public Bank, Public Banking
Joan Bartl believes taxpayer-owned financial institution would be ‘logical and practical’ because of the state’s ‘significant fiscal problems’ Who she is: Joan Bartl, state coordinator in New Jersey for the nonprofit Public Banking Institute. Where she calls...
by Anthony Colombo | Sep 9, 2016 | Economics, National, News, Print Media, Public Bank, Public Banking
Former Goldman Sachs executive also called for a higher minimum wage, tax breaks for those with lower incomes, and efforts to encourage high-tech. Democratic gubernatorial hopeful Phil Murphy called for a sweeping revision of state economic policies during a...