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A City of Santa Fe Public Bank is Better than a Revolving Loan Fund
ABOUT A CITY OF SANTA FE REVOLVING LOAN FUND The public’s funds not needed in the short term might be loaned to benefit the public good. As the borrower pays back the City they also pay interest. The interest paid over time will increase the loan fund. A revolving...NYTimes OpEds: Room for Debate – Should States Operate Public Banks?
While many of us understand the importance and benefit of public banks for stimulating local economies, there are many who have the opposite point-of-view and can present arguments that are reasonable, given their set of assumptions. It is important that we understand...Observations of Ellen Brown on WSJ Article about the Bank of North Dakota
In an article in The Wall Street Journal dated November 16, 2014 and entitled Shale Boom Helps North Dakota Bank Earn Returns Goldman Would Envy, Chester Dawson relates a largely factually correct representation of the Bank of North Dakota. However, the interpretation...Public Banking in the Press — NYTimes Blog, You’re The Boss: What North Dakota’s Public Bank Does for Small Businesses
One of the major roles of the Bank of North Dakota (BND) is to support small businesses within the state. This story, which was in the New York Times Blog, You’re the Boss — The Art of Running a Small Business on March 13, 2014, gives some detail about how...Santa Fe City Council Approves Resolution to Study Impact of a Public Bank for Santa Fe
The Santa Fe City Council approved a resolution to move forward on a study of the long-term benefits of a public bank for the City of Santa Fe. The resolution was sponsored by Mayor Javier Gonzales and Councilors Peter Ives and Joe Maestas. They were joined by...
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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
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