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To Combat Widespread Job Loss, Stay Local and Look to Import Replacement
Photo: Employees at work at local toilet paper provider Roses Southwest Papers in Albuquerque (Image courtesy Roses Southwest Papers) By Valerie Vande Panne, Next City | Apr 20, 2020 At a time when businesses pivot from making booze to hand sanitizer, and from sewing...
Public banking would help speed the economic recovery from COVID-19
Photo by Paulo Silva on Unsplash By Isaiah Poole and Rick Girling, The Hill | Apr 17, 2020 At least 90 percent of the nation’s cities are facing a budget crisis because of the economic shutdown in response to the COVID-19 pandemic, according to a...
Small Lenders Pushing Their Limits to Meet Paycheck Protection Program Loan Demand
Photo: Lower East Side People’s Federal Credit Union, by Oscar Perry Abello By Oscar Perry Abello, Next City | Apr 16, 2020 Applications officially opened on April 3 for the new Paycheck Protection Program loans guaranteed by the Small Business...
7 Principles for a Post-Coronavirus Economy
Photo by Queven from Pixabay By Henry M. Paulson Jr., The Washington Post | Apr 10, 2020 Henry M. Paulson Jr. is a former U.S. treasury secretary, chairman of the Paulson Institute and co-chairman of the Aspen Economic Strategy Group. The pandemic crisis...
PBI’s Open Letter to Congress: A “Critical-Care” Bailout for Main Street in the Face of COVID-19
Public Banking Institute, publicbankinginstitute.org | Apr 8, 2020 How Public Banks Can Reboot the Real Economy These four immediate actions will prevent financial catastrophe in our communities and set them up for future fiscal health. Honorable Members of 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