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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...
How Germany’s Public Bank Will Keep the Economy Afloat During the COVID-19 Outbreak
Photo: Prenzlauer Berg, Berlin, Germany. By Flo Karr on Unsplash By AFP and Emer Scully, MAILONLINE. | Mar 13, 2020 German state-owned development bank KfW is offering companies “unlimited” credit to keep Germany’s economy afloat during the ongoing...
What a Public Bank Can Do for Real People
Photo: Union State Bank President Christie Obenauer, right, visits the Hazen child care center that her bank and the Bank of North Dakota invested in. Photo by Justine Wiedrich courtesy Yes! Magazine. By Oscar Perry Abello, Yes! Magazine. | Feb 19, 2020 The...
The Earth-Shaking Potential of Public Banks
Photo by Etienne Martin By Alexander Kolokotronis, The Trouble. | Jan 18, 2020 Public banks do not serve to increase the supply of money and capital. They aim to restructure capital at its very core. Imagine walking through your future home—a city-owned...
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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