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House Commerce and Economic Development Committee at 1:30 on Wednesday, February 5, 2025.
The Alliance for Local Economic Prosperity (AFLEP) advocates to keep NM revenue safe, local and working for all New Mexicans.
2025 Legislative Preview Zoomfest – Top of the List
The Alliance for Local Economic Prosperity (AFLEP) advocates to keep NM revenue safe, local and working for all New Mexicans.
A Bank of One’s Own
In a recent article published by Non Profit Quarterly regarding Economic Democratic Weekly, it is clear that there is more legislative activity and public bank formation is underway in California, New York and other areas in the States. The focus is clearly on keeping...
Public Banking on Public Radio
Monday, December 9, the work of AFLEP was the focus on Santa Fe's public radio station 101.1 FM KSFR on The Forum with Jim Falk. Being interviewed were the following people. Peter Smith, AFLEP Board President Harold Dixon, Advisory Board member Rick Clayburgh (CEO of...
CFO Patronis Proposes ‘Sunshine Freedom Bank,’ A First-of-its-Kind State Bank of Florida
TALLAHASSEE, Fla. — Today, Chief Financial Officer (CFO) Jimmy Patronis proposed the “Sunshine Freedom Bank,” a public bank of Florida that would establish state control over state funds. The Florida Treasury, which CFO Patronis...
Banking For The People: New E-book by Next City & CommonFuture
by Next City & CommonFuture — Our mainstream banking system is failing most of us. This ebook includes stories about the people and organizations working to make the system work better for everyone — no matter their race, zip code or socioeconomic status. It’s not...
How is Public Banking like Acequia Culture?
At the Alliance, we are always expanding our understanding of both the challenges and wisdom inherent in the land and rich cultures of New Mexico. One powerful example of a democratic practice that benefits all New Mexicans is our acequia system. The acequia...
To Democratize Finance, We Must Take the Banks Away From the Bankers
By C.J. Polychroniou for Truthout | February 17, 2024 (Photo: LEONARDO MUNOZ / VIEWPRESS / GETTY IMAGES) Progressive economist Gerald Epstein explains how we can build a banking system that puts people over profit. Our current banking and financial system has...
A New Mexico public bank is no gamble
MY VIEW - ANGELA MERKERT — Santa Fe New Mexican | January 5, 2024 A recent Ringside Seat column by Milan Simonich (“Another $3.4 billion makes legislators dangerous,” Jan. 2) raised questions regarding legislator support for creating a state public bank...
To Democratize Finance, We Must Take the Banks Away From the Bankers
By C.J. Polychroniou for Truthout | February 17, 2024 (Photo: LEONARDO MUNOZ / VIEWPRESS / GETTY IMAGES) Progressive economist Gerald Epstein explains how we can build a banking system that puts people over profit. Our current banking and financial system has...
Tlaib, AOC Revive Public Banking Act to Take on Wall Street
By Brett Wilkins for Common Dreams | December 13, 2023 Rep. Alexandria Ocasio-Cortez (D-N.Y.) speaks while Rep. Rashida Tlaib (D-Mich.) looks on (Photo: Zach Gibson/Getty Images) "Wall Street-run banks are failing to serve many of my residents who are struggling to...
Racial disparities in NY homeownership driven by higher interest rates, mortgage denials
By David Brand for Gothamist | November 1, 2023 (Photo by Jemal Countess/Getty Images) New York Attorney General Letitia James is calling on state lawmakers to tackle unfair credit and lending practices that fuel a staggering racial gap in homeownership and force New...
Retake Our Democracy Zoominar Panel on Public Bank Legislation
Retake Our Democracy Zoominar Panel on Public Bank Legislation
We had a great discussion panel with Retake our Democracy ahead of the 2023 Legislative session. October 26, 2022
Albuquerque local business consultant on how a State Public Bank can benefit our economy
Albuquerque local business consultant on how a State Public Bank can benefit our economy
AFLEP Leadership Team Member and Albuquerque”buy local” business advocate, Clifton Chadwick shares key economic reasons why he supports the creation of a State-Owned Public Bank. March 10, 2022
Episode: Everyone deserves a public bank
“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