Another Bank Bailout Under Cover Of A Virus

By Ellen Brown, Web of Debt. -

When the Dodd Frank Act was passed in 2010, President Obama triumphantly declared, “No more bailouts!” But what the Act actually said was that the next time the banks failed, they would be [...]

How State Officials Can Save Main Street With Three Urgent Actions

By the Public Banking Institute. -

As states and cities face a tsunami of emergency expenses, collapsing tax revenues, and a shrinking bond market, we wanted to bring to your attention some new funding possibilities that have [...]

Banking For The People, Not Wall Street Profits

By Margaret Flowers and Kevin Zeese, Clearing the FOG. -

It has been a hundred years since the first and only public bank was created in the United States, in North Dakota, but now there is renewed interest in starting more public banks. California [...]

Major Advances In 2019 Toward A More Democratic Economy

By Juliana Broad, The Next System Project. -

This past year, state and municipal lawmakers teamed up with community organizations to fight for—and win—a wide variety of policies and initiatives that will help foster a more democratic [...]

100 Years: The Bank Of North Dakota Story (Part III)

By the Bank of North Dakota. -

Through the first hundred years of the Bank’s existence, a fascinating pattern developed. The Bank raised its profile and took significant risks to help North Dakota through difficult times, then [...]

100 Years: The Bank Of North Dakota Story (Part I)

By the Bank of North Dakota. -

The credit system of the United States and the northern plains was not structured to meet the needs of North Dakota farmers in 1915. National banks could not lend money on farm mortgages. State [...]

Wall Street Beware: The Public Banking Movement Is Coming For You

By Robert R. Raymond, Truthout. -

It may not come as a surprise to hear that the majority of Americans don’t trust the banking system in this country. Only 27 percent of those surveyed in a 2016 Gallup poll said they had “a great [...]

Pennsylvania’s Public Banking Movement Draws More Support

By The Public Banking Institute. -

Black Business Review’s Marilyn Kai Jewett writes favorably of Pennsylvania’s public bank movement at both the state and municipal levels. A strong municipal public bank coalition has also [...]

Funding The Green New Deal Without Raising Taxes And Creating Massive Debt

By Ellen Brown, Web of Debt -

The US Green New Deal envisions funding with “a combination of the Federal Reserve [and] a new public bank or system of regional and specialized public banks,” which could include banks owned [...]