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To Keep the Economy Afloat, the Fed Turns to North Dakota
Photo: The nation’s only state-owned bank serves as a model for how the U.S. is fighting the economic damage of the pandemic. (Photo by Kaya / CC BY-NC-ND 2.0) By Oscar Perry Abello, Next City | Apr 29, 2020 Bankers generally don’t like surprises. But as CEO at...
We Need Ethical Banking In The Era Of COVID-19
Image by Credit Commerce from Pixabay By Nizan Geslevich Packin, Forbes | Apr 25, 2020 In the current environment of medical and economic uncertainty, we all find ourselves desperately seeking safety and stability. In such times of uncertainty, cash is...
Just, Equitable, and Regenerative Recovery with Public Banking
Photo: Debbie Notkin by JCF By Debbie Notikin, Post News Group| Apr 22, 2020 The COVID-19 crisis is shining a bright and unforgiving light on the glaring economic and racial inequalities we live with every day. Public banking is a major step toward a more just and...
Financing Needs Persist as Crisis Drags On
Photo: Small businesses on Albuquerque’s Central Avenue. Photo by Ken Lund. By Pilar Martinez, Albuquerque Journal | April 27, 2020 Weekends. Nights. Eighteen-hour work days. These, believe it or not, have become the new “bankers’ hours” amid...
Missing so far from the prescription for a coronavirus economic recovery: public banks
Photo: First lady Eleanor Roosevelt talking in June 1936 with the superintendent of a waterfront park project in Des Moines, Iowa, sponsored by the Works Progress Administration. Courtesy FDR Presidential Library & Museum. By Timothy Knowles and Ameya Pawar,...
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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