Sep 22, 2015. Activists all over the country continue to press for public banks. The following is an announcement from the New Hampshire for a series of events in support of NH House Bill 672. AN OPEN LETTER TO THE CITIZENS OF THE NORTH COUNTRY “Across the US, municipalities make annual payments on @ $4 trillion …
Sep 21, 2015. “The Stoical scheme of supplying our wants by lopping off our desires, is like cutting off our feet when we want shoes.” ~Jonathan Swift New Labour leader Jeremy Corbyn won his post with overwhelming, almost unprecedented support from Labour members, indicating a preference for a new approach–even if its herald was considered a veteran of …
Sep 15, 2015. September 13th BankingOnNewMexico rolled out a new Public Banking campaign at the Fiesta Desfile de la Gente (Historical / Hysterical parade). Fiestas have been celebrated in Santa Fe for 301 years. This beautiful 59 Chevy Truck helped introduce many thousands of Fiesta celebrants to Public Banking. Participants in Santa Fe fiestas have …
Sep 8, 2015. A great event is happening in Pittsburgh this very weekend. If you’re in the area, you won’t want to miss it.JT Campbell, one of the event’s organizers, sent me this: University of Pittsburgh hosts “Empowerment through Ownership” forum on the role of public ownership in the modern economy September 12, 2015 9:00 …
Public Banking Event at University of Pittsburgh September 12 Read More
Aug 24, 2015. The rain falls on all of us, but on some harder. Like all crises, the student loan debt crisis disproportionately hurts historically oppressed groups, an unavoidable outcome of a structurally classist and racist system–“structurally” because of the layers of wealth accumulation resulting from the material asymmetries of chattel slavery, wage slavery, and …
Education Debt & Structural Racism: Public Bank-Worker Cooperative Solutions Read More
Aug 17, 2015. One useful way to break down the research and investigative reporting about Wall Street’s bilking of American cities is to establish a “before Bhatti/after Bhatti” marker. Prior to Saqib Bhatti‘s groundbreaking Dirty Deals report, many reporters and activists had been digging up and promulgating incidents of big banks and finance leading governments …
Essential Reading on What Wall Street Costs America Read More
Aug 13, 2015. A nicely-designed new graphic, provided by the Masters in Accounting web guide, details several layers of financial insecurity for Americans, and the data from which it draws is consistent with a great deal of additional data. The graphic is based on data from Pew Charitable Trusts, and from media and industry studies. …
This Graphic Shows Disturbing Levels of Economic Insecurity Read More
Aug 5, 2015. Always in high demand as an interview subject, PBI founder and noted public banking advocate Ellen Brown has given hundreds of interviews. If you are with the media and are interested in interviewing her, or other public banking experts, visit our interview contacts page here. In the meantime, here are ten memorable …
Aug 5, 2015. You heard it from us first, but it’s good to know Mother Jones is taking up the cause. As Jack Hitt reports, every time you hear about police brutality, whether a shooting or an assault, you should ask yourself how the city or county that pays that cop is financing its operations …
Mother Jones Catches Up to PBI on Link between Finance & Police Brutality Read More
Aug 4, 2015. The headlines read “Donald Trump builds lead” . . . “No Plan B to Save Oceans” . . . Gwen Stafani and Gavin Rossdale Split” . . . “Puerto Rico Fails to Make $58 Million Debt Payment” Buried therein, news of Ed Schultz’s sacking from MSNBC, the “liberal” news network owned by …
Jul 26, 2015. In May, Citigroup, JPMorgan Chase, Barclays, Royal Bank of Scotland and UBS Group AG pled guilty to felonies, while Swiss Bank had cooperated with federal authorities early on; all had manipulated international exchange rates and national currencies, ruining millions of lives. The federal government made them pay paltry fines. Nobody went to …
The Bank-Banishment Campaign: News from Multiple Fronts Read More
