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Why Public Banks Outperform Private Banks
By Ellen Brown, Web of Debt, Posted on Feb 12, 2015 In November 2014, the Wall Street Journal reported that the Bank of North Dakota (BND), the nation’s only state-owned bank, “is more profitable than Goldman Sachs Group Inc., has a better credit rating than J.P....Banking on the Environment
Banking on the Environment A growing movement in Boulder sees public banking as the answer to a greener future By Caitlin Rockett Boulder Weekly, Thursday, February 5, 2015 Banking might not seem like the answer to a healthier environment, but there’s a growing...The Old Economy wins a round: Public banking loses in Vermont
By Mike Krauss Bucks County Courier Times, February 9, 2015 Across the nation, in Pennsylvania and more than two dozen state legislatures and city councils, a well organized effort is underway to create a new tool to insure sound municipal finances and economic...City Council OKs $50K contract for study on public bank
Posted: Wednesday, January 28, 2015 10:30 pm | Updated: 10:56 pm, Wed Jan 28, 2015. By Daniel J. Chacón The New Mexican | The City Council approved a $50,000 contract Wednesday with a local firm that will investigate the business, financial and economic feasibility of...Progress Toward a Public Bank in Santa Fe Continues — The Scope of Work for the Feasibility Study Released
The Scope of Work for the City of Santa Fe public banking Feasibility Study was released January 16, 2015. Thanks to City Staff for keeping our project moving forward so quickly. Here’s the schedule to make it official and it’s moving fast. Tuesday, January 20...
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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