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Tackling the Infrastructure and Unemployment Crises: The “American System” Solution
Photo courtesy Pixabay.com By Ellen Brown, Web of Debt Blog | December 18, 2020 A self-funding national infrastructure bank modeled on the “American System” of Alexander Hamilton, Abraham Lincoln, and Franklin D. Roosevelt would help solve not one but two of...
Bank of North Dakota Releases COVID-19 Relief Numbers
Photo courtesy Bank of North Dakota By AM1100 The Flag | December 12, 2020 Bank of North Dakota (BND) released its final COVID-relief program numbers and amounts for the four programs it administered to stimulate economic recovery. The Bank utilized its network...
Why the Fed Needs Public Banks
Three promising new bills are before Congress that would facilitate the establishment of a public banking system in the US. (Kurtis Garbutt / CC BY 2.0) By Ellen Brown, Common Dreams | December 3, 2020 On November 20, US Treasury Secretary Steven Mnuchin...
Why Chicago should start a public bank
Chicago’s skyline as seen from the Leonard M. Louie Fieldhouse in Chinatown.Pat Nabong/Sun-Times By Daniel La Spata, Matt Martin, Robert Peters and Ameya Pawar, Chicago Sun-Times | December 7, 2020 Arresting poverty, inequality and the racial wealth gap...
Public banks offer advantages to customers
Graphic courtesy Public Banking Institute By Frank Sanitate, Santa Barbara News-Press | October 18, 2020 Both community wealth and private wealth are important. But private wealth has a significant advantage which communities are not taking advantage of now....
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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