Dec 13, 2014. The elephant in the room is almost always an economic elephant. The unrest in Ferguson, Missouri following both the shooting of Michael Brown and the failure of a grand jury to indict the police officer who shot him was, in a large part, contextualized by Ferguson’s model of city financing. Now it […]
Dec 10, 2014. As a direct result of Wall Street mismanagement and federal complacency, communities have lost the ability to finance local, sustainable growth and public services. This is a direct threat to democracy, because the chief conduit of democracy in American society is the ability of cities and towns to facilitate public participation, health,
Nov 25, 2014. 31 year-old Amara Enyia holds a J.D. and PhD, has served as a lawyer, a public policy fellow in the Chicago city government, a municipal development consultant, and is currently executive director of the Austin Chamber of Commerce on Chicago’s West Side. And she’s not only a supporter of public banking, but
Nov 20, 2014. Public banks are, above all, tools of local control. The Bank of North Dakota allows that state to bypass Wall Street and finance local and state-wide projects without fear of paying exploitative interest rates, or of losing those interest payments to outside shareholders who wouldn’t re-invest them in local endeavors. Local media
Nov 20, 2014. By Ellen Brown While 49 state treasuries were submerged in red ink after the 2008 financial crash, one state’s bank outperformed all others and actually launched an economy-shifting new industry. So reports the Wall Street Journal this week, discussing the Bank of North Dakota (BND) and its striking success in the midst
Oct 17, 2014. Join us in Philadelphia for PBI’s National Conference West, tomorrow – Saturday, October 18th! It promises to be a great lineup of speakers focused on solutions – exploring how to move public banking in Pennsylvania forward! For more information, click on the Philly skyline! See you there….
Sep 29, 2014. In a press conference on Friday September 26th, Santa Fe Mayor Javier Gonzales discussed the need for new approaches to help the Santa Fe economy. Gonzales acknowledged that while his city is an international art and culture destination, it has not been immune to the larger economic challenges facing the nation. “WE