by Anthony Colombo | Jan 16, 2017 | Local Economies, National, News, Public Bank, Public Banking
PUBLIC banks have an excellent track record in helping states and cities finance infrastructure, among other public services. In his Jan. 1 guest column, Michael Waite overlooks this fact, failing to mention that North Dakota has used a state-owned bank for nearly 100...
by Anthony Colombo | Jan 7, 2017 | Monetary Policy, National, News
New information on conflicts of interest that would challenge even a saint While the president-elect’s finances remain murky, due largely to his refusal to release his tax returns, the newspaper reports that he owes at least hundreds of millions of dollars, that the...
by Anthony Colombo | Jan 7, 2017 | Monetary Policy, National, News
Northwest Ohio supporters of Senator Bernie Sanders in his run for President have launched a nationwide push to enlist other organizations to send it letters and take to social media to endorse a demand that President-elect Donald Trump fulfill a campaign pledge....
by Anthony Colombo | Dec 29, 2016 | Commercial Banking, Monetary Policy, National, News
Source: Federal Deposit Insurance Corporation In 1934 the U.S. had 14,146 commercial banks holding insured deposits. By 1985, that number had barely budged, standing at 14,417. Then came the Bill Clinton administration in the 1990s and its reckless and unprecedented...
by Anthony Colombo | Dec 24, 2016 | Local Economies, National, New Jersey, News
BAYONNE, N.J. — Nicole Adamczyk’s drinking water used to slosh through a snarl of pipes dating from the Coolidge administration — a rusty, rickety symbol of the nation’s failing infrastructure. So, in 2012, this blue-collar port city cut a deal with a Wall Street...
by Anthony Colombo | Dec 16, 2016 | Local Economies, National, News, Print Media, Public Bank, Public Banking, Santa Fe
Photo: The First Bank of the United States in Philadelphia. (Teemu008 / CC BY-SA 2.0) Mayor Javier Gonzales of Santa Fe, N.M., was defiant when he spoke with National Public Radio’s Kelly McEversin November. Donald Trump had just won the election after running...