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The People’s Bank
How did deep-red North Dakota end up with the nation’s most populist financial institution? When the financial crisis struck in 2008, nearly every state legislature was left contending with massive revenue shortfalls. Every state legislature, that is, except North...Donald Trump Wants to Gut Protections for Bank Customers. Here’s How to Fight Back.
Call it the “public option.” With Wall Street as greedy as it ever was, and the Trump administration seeking to ditch banking restrictions enacted in 2008 to protect the little people, a handful of cities are considering a do-it-yourself alternative:...Cities and States Prefer Public Banks to Wall Street
Alarmed by the corruption and greed of Wall Street, many US cities and states are studying the feasibility of establishing public banks. By John Lawrence, San Diego Free Press Public banks are owned by cities, states or other jurisdictions and serve to keep funds...It’s Our Money: Can History Please Not Repeat Itself?
The earliest days of private banking cartels in America occurred before we were the United States. The pattern of private capital determining government policy is centuries old – but so is the sort of public interest banking emerging in the US now. Ellen’s guest Jim...Banking in North Dakota
North Dakota is one of the three most conservative states in the United States, according to Gallup. Wyoming is number one, with self-identified conservatives outnumbering self-identified liberals by 35 percentage points. In North Dakota and Mississippi, the...
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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