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A Smart Investment

I was listening to state officials discuss cutting services when one constituent asked about creating “new” revenues. I thought about how smart the city of Santa Fe is in its quest to create a public bank. Over the past five years, Santa Fe has spent more than $7 million for fees to issue municipal bonds […]

Looking Ahead

Kudos to the forward-thinking city of Santa Fe and consultant Katie Updike for the excellent public banking feasibility study. Kudos, too, for Banking On New Mexico and the Brass Tacks’ five-year model. Both studies may be found at bankingonnewmexico.org. Thousands of hours of thinking outside the box have gone into the creation of a chartered […]

Yes To Public Banking

I have read both the Santa Fe Public Banking Feasibility Study Final Report and the Banking on New Mexico’s Five-Year Model report. Both studies show that a public bank will significantly reduce debt while keeping our taxpayers’ money in Santa Fe, not invested out of state. It can also make a profit, which will benefit […]

Study: Santa Fe public bank is feasible

By T.S. Last / Journal Staff WriterJanuary 14, 2016 / 10:03am   SANTA FE — Starting up a public bank in Santa Fe is feasible and could potentially improve fiscal management, create a healthier local lending climate, and generate better interest rate margins for the city, according to a consultant’s report released Wednesday.In addition, the […]

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It's Our Money with Ellen Brown

Episode: Everyone deserves a public bank

Join those who’ve endorsed a Public Bank for New Mexico

Paul Gibson endorses Public Banking NM

“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
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