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

By Robert R. Raymond, Truthout.org -

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 [...]

100 Years: The Bank Of North Dakota (Part II)

By the Bank of North Dakota -

While the Bank of North Dakota attempted to establish itself on a firm and responsible foundation, difficulties arose from three fronts: First, the League-owned Scandinavian American Bank of [...]

A Green & Just Transition Requires Democratized Public Banks – Costa Rica Style

By  Thomas Marois, Open Democracy -

Public banks, in particular, are shown to have much greater financial capacity than commonly believed. Whereas the IATF 2019 Report claims there is only $5 trillion in combined public bank assets [...]

The Bankers’ ‘Power Revolution’: How the Government Got Shackled by Debt

By Ellen Brown, Web of Debt. -

US debt is unnecessary. has been financially sovereign ever since President Franklin D. Roosevelt took the dollar off the gold standard domestically in 1933. This was recognized by Beardsley [...]

Divest From Banks That Fuel Climate Change, Establish Public Bank

By Erik McGregor. -

New York, NY – As global leaders assemble for the 4th Annual Climate Finance Day, New Yorkers, including representatives from environmental, community and student groups, held a rally at City [...]

The United States Is More Socialist Than You Know

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

Compared to other wealthy countries, large sectors of the US economy are more socialized than is realized. From energy to water to transportation, land and more, and from cities and states to the [...]

Campaign For Los Angeles’s Public Bank Gets Into Full Swing

By Staff, Publicbankinginstitute.org -

November's Public Banking ballot initiative will allow the citizens of Los Angeles to vote on the first step to creating a city-owned bank. Public Bank LA, along with an overflowing room of [...]

A Public Bank For Los Angeles? City Council Puts It To The Voters

By Ellen Brown, Ellenbrown.com -

Voters in Los Angeles will be the first in the country to weigh in on a public banking mandate, after the City Council agreed on June 29th to put a measure on the November ballot that would allow [...]

Blackstone, BlackRock Or A Public Bank?

By Ellen Brown, Web of Debt. -

California needs over $700 billion in infrastructure during the next decade. Where will this money come from? The $1.5 trillion infrastructure initiative unveiled by President Trump in February [...]

San Francisco Should Have A Public Bank To Leverage The Power Of Its Own Money

By Staff, Publicbankinginstitute.org -

San Francisco’s Municipal Bank Feasibility Task Force comes under pressure to provide a truly ethical and full-powered alternative — a Public Bank — in an article by Zac Townsend in the San [...]

Time To Eliminate Your Wall Street Tax?

By Rudy Avizius, Endtheillusion.wordpress.com -

As we get older, and hopefully wiser, we generally start to become more discerning on how we view the world and the problems we face. Many of us who seek to make the world a better place try to [...]

The Public Banking Movement Is Taking Off In The U.S.

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

Public Banks exist around the world. They are used to hold public dollars, such as taxes and fees, to keep the money local so it serves the public interest, instead of giving it to Wall Street [...]

Top Cannabis Regulator: Massachusetts Should Create State Public Bank

By Staff, Publicbankinginstitute.org -

Recreational pot sales are scheduled to begin in July in Massachusetts, and as yet, there are no banking services for the industry predicted to have $1 billion in sales by 2020. Cannabis Control [...]

How City-Owned Public Banks Could Transform Cities

By Oscar Perry Abello, Nextcity.org -

It’s no surprise that Malia Cohen worries about what local public dollars are doing. As a member of the San Francisco Board of Supervisors, the municipal legislative body, it’s her job to know [...]

Student Debt Slavery II: Level The Playing Field

By Ellen Brown, Web of Debt Blog -

The lending business is heavily stacked against student borrowers. Bigger players can borrow for almost nothing, and if their investments don’t work out, they can put their corporate shells [...]

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