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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...
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...
Was the Fed Just Nationalized?
Photo by Katie Moum on Unsplash By Ellen Brown, The Web of Debt Blog | Apr 3, 2020 Did Congress just nationalize the Fed? No. But the door to that result has been cracked open. Mainstream politicians have long insisted that Medicare for all, a universal basic income,...
AFLEP Seeks to Leverage Public Banking to Revitalize and Reinvest in NM Communities
Photo: Board of Directors and Team Members, Alliance for Local Economic Prosperity. By Adam West, BadCredit.org | Apr 1, 2020 “It’s about democratizing the financial system, and this is one big step” In late February 2020, Business News Daily reported on...
Bank of North Dakota Announces Student Loan Relief Options
Photo by Dan Dimmock on Unsplash By Bank of North Dakota | Mar 24, 2020 Bismarck – Bank of North Dakota (BND) shared its student loan relief plans to assist borrowers impacted by COVID-19 with the Industrial Commission today. Effective immediately, borrowers...
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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