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Banking On it
Santa Fe may cut library hours and increase park fees as a way to trim the budget. For many people in Districts 3 and 4, this is the only leisure activity outside their homes that they can afford. As the City Council cuts the budget, I ask councilors to make fair,...Reader View: Santa Fe Could Use A Public Bank
A study funded by the City of Santa Fe was released in mid-January. It both supported the feasibility of a public bank in Santa Fe and increased public interest in the idea. The financial crisis of 2008 followed unscrupulous behavior of Wall Street banks. Then Main...Banking For Community
The city of Santa Fe has to deposit public funds in a chartered bank somewhere, so why not establish our own public bank for Santa Fe? That way the taxes, fees, licenses and fines we all pay can benefit our community rather than private shareholders who live someplace...A Smart Investment
I was listening to state officials discuss cutting services when one constituent asked about creating “new” revenues. I thought about how smart the city of Santa Fe is in its quest to create a public bank. Over the past five years, Santa Fe has spent more than $7...Looking Ahead
Kudos to the forward-thinking city of Santa Fe and consultant Katie Updike for the excellent public banking feasibility study. Kudos, too, for Banking On New Mexico and the Brass Tacks’ five-year model. Both studies may be found at bankingonnewmexico.org. Thousands of...
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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