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Public banking can fund green investment
Original image from The Hill. Copyright of Photographer To ensure the long-term environmental health of the planet, we will have to spend. This spending cannot be wasteful, but must embody a pragmatic investment in our future. Estimates predict that we will have to...
Wall Street Beware: The Public Banking Movement Is Coming for You
(above) Members of the San Francisco Public Bank Coalition rally at San Francisco City Hall to demand the creation of a public bank. photo by: Kurtis Wu It may not come as a surprise to hear that the majority of Americans don’t trust the banking system in this...
Could Public Banks Help California Fund Affordable Housing?
Photo: Bank of America in Los Angeles, California. By Ricardo Diaz, Flickr (CC BY 2.0) A coalition of bank activists in ten California cities is pushing for public banks. A bill to support them is working its way through the state legislature. “We planted a...
Why Is the Fed Paying So Much Interest to Banks?
Truthout.org; Ellen Brown/The Web of Debt Blog “If you invest your tuppence wisely in the bank, safe and sound, Soon that tuppence safely invested in the bank will compound, And you’ll achieve that sense of conquest as your affluence expands In the hands of the...
Monetary policy takes center stage: MMT, QE or public banks?
A network of public banks including a central bank operated as a public utility could similarly fund a U.S. Green New Deal – without raising taxes, driving up the federal debt, or inflating prices. Nation of Change; Ellen Brown / OpEd As alarm bells sound over...
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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