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Monthly Archives: January 2016

Will the Revolution Begin in Santa Fe or Philadelphia?

In recent weeks, the City of Santa Fe released its public banking feasibility study which showed the city could save millions if it created a local public bank and the City of Philadelphia’s City Council unanimously voted to begin public hearings on creation of a local public bank. Cities, counties and states around the country…

January 28, 2016 in Infrastructure projects, Wall Street.
Santa Fe

Santa Fe Public Banking Study: City Could Save Millions with Public Bank (video)

In 2014, the City of Santa Fe authorized a feasibility study to determine if establishing a city public bank would be advantageous. Last week, the feasibility study was released. (You can read it here.) The bottomline: YES! Establishing a Santa Fe public bank would save the city millions of dollars in financing fees paid to…

January 21, 2016 in Infrastructure projects, Public Banking, Wall Street.
City of Philadelphia

Public Banking Resolution to Be Heard by Phildelphia City Council

UPDATE: In front of a packed hearing room, the City of Philadelphia’s City Council voted unanimously to begin public hearings on creation of a local pubic bank. Public banking proposals are popping up all over the country. The Cities of Santa Fe and Philadelphia have had recent breakthroughs. In Tucson, Mayor Johnathan Rothschild’s recent newsletter…

January 20, 2016 in economic growth, Public Banking, Tucson.
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