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Report: Fewer Small Businesses are Receiving Federal Relief Loans in States Dominated by Big Banks
Photo: Sixth Street, Austin, Texas. (Photo courtesy Institute for Local Self-Reliance) By Stacy Mitchell, Institute for Local Self-Reliance | April 29, 2020 A significantly larger number of federal relief loans are reaching small businesses in states where...
Maryland can prevent a year-long health crisis from becoming a decade-long economic crisis
Photo: Downtown Baltimore, Maryland. (Photo by Ken Lund, Flickr) By Michael Brennan, The Washington Post | April 29, 2020 Michael Brennan is chair of the Public Banks Project of the Democracy Policy Network and is part of an interstate coalition of policy...
To Keep the Economy Afloat, the Fed Turns to North Dakota
Photo: The nation’s only state-owned bank serves as a model for how the U.S. is fighting the economic damage of the pandemic. (Photo by Kaya / CC BY-NC-ND 2.0) By Oscar Perry Abello, Next City | Apr 29, 2020 Bankers generally don’t like surprises. But as CEO at...
Just, Equitable, and Regenerative Recovery with Public Banking
Photo: Debbie Notkin by JCF By Debbie Notikin, Post News Group| Apr 22, 2020 The COVID-19 crisis is shining a bright and unforgiving light on the glaring economic and racial inequalities we live with every day. Public banking is a major step toward a more just and...
Missing so far from the prescription for a coronavirus economic recovery: public banks
Photo: First lady Eleanor Roosevelt talking in June 1936 with the superintendent of a waterfront park project in Des Moines, Iowa, sponsored by the Works Progress Administration. Courtesy FDR Presidential Library & Museum. By Timothy Knowles and Ameya Pawar,...
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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