It is not hyperbole to say that the world’s richest man has now illegally seized control of America’s checkbook and the entire federal workforce.
public banking
Follow:
-
The Financial Turn-Around Starts Here: A Public Bank for Santa Fe
Banking on New Mexico believes the time is right for a better long-term strategy that includes a public bank to invest our public funds – interest earned from taxes, fees and fines we all pay – back into our community.
-
How Secret Wall Street Fees Are Bleeding Our Cities Dry
A new project launched by the Public Banking Institute, called "What Wall Street Costs America," shines light on the way that enormous fees being paid out by local governments to big banks are bankrupting communities across the country.
-
Radical Banking From Russia to Iceland to Ecuador
Global developments in finance and geopolitics are prompting a rethinking of the structure of banking and of the nature of money itself.
-
Postal Banks Are People’s Banks: 6 Things You Need To Know About Postal Banking
Postal banking isn’t about creating a free-money utopia – it's about retaining control of public spaces, implementing public services there, and serving working people financially.
-
A Law Abused: Why Dodd-Frank Is Killing Off Community Banks
The legislation was supposed to end "too big to fail" and promote financial stability, but Dodd-Frank’s “orderly liquidation authority” has replaced bailouts with bail-ins and threatens the existence of banks with assets under $1 billion.
-
California Financial: Let's Take the Initiative and Create A Public Bank
Of course, there is little political will to organize anything this effective in California because the banking lobby deploys too much money throughout the political process.
-
Banking for the People: How "The Revolutionary Pope" Could Transform Our Monetary System
We need a strategy to eliminate the financial parasite that is keeping us trapped in a prison of scarcity and debt.
-
Broke Cities and Broken Bodies – It’s Time to Make the Connections
The bankers get our money, charge us for taking it and leave cities’ budgets bare. Schools close, small businesses shut down, social programs fold and only the cops remain.
-
Can Activists Turn the Bank of Canada Back into a Public Bank?
Canada’s privatization of public finance in the last 40 years has led to an unprecedented level of debt – now, a scrappy legal case for economic justice is seeking to reverse that.
-
Can Public Banks Become America's New Engine Of Prosperity?
New bedfellows are writing what may be the next chapter in the story of our democracy: a network of public banks to facilitate a lateral, collaborative distribution of affordable credit that challenges Wall Street's control.
