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Small Lenders Pushing Their Limits to Meet Paycheck Protection Program Loan Demand
Photo: Lower East Side People’s Federal Credit Union, by Oscar Perry Abello By Oscar Perry Abello, Next City | Apr 16, 2020 Applications officially opened on April 3 for the new Paycheck Protection Program loans guaranteed by the Small Business...
A Dozen Asks for Your Governor
Photo by Denise Womack-Avila, (CC BY 2.0) By Michael H. Shuman, Commentary on Community Economics Blog | Apr 7, 2020 Everyone knows that the three, multi-trillion-dollar stimulus bills passed by Congress fall way short. For most local businesses—the lifeblood of our...Mexico’s AMLO Shows How It’s Done
By Ellen Brown, CounterPunch | Feb 11, 2020 While U.S. advocates and local politicians struggle to get their first public banks chartered, Mexico’s new president has begun construction on 2,700 branches of a government-owned bank to be completed in 2021, when...NYTimes OpEds: Room for Debate – Should States Operate Public Banks?
While many of us understand the importance and benefit of public banks for stimulating local economies, there are many who have the opposite point-of-view and can present arguments that are reasonable, given their set of assumptions. It is important that we understand...Public Banking in the Press — NYTimes Blog, You’re The Boss: What North Dakota’s Public Bank Does for Small Businesses
One of the major roles of the Bank of North Dakota (BND) is to support small businesses within the state. This story, which was in the New York Times Blog, You’re the Boss — The Art of Running a Small Business on March 13, 2014, gives some detail about how...
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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