It took Arizona three months to reach 20,000 cases of COVID19. After Governor Dour Ducey opened up the economy in early May, it took only three weeks to add another 20,000 cases. Arizona now has the WORST outbreak of COVID19 in the nation. In addition to our state’s disregard for solid public health policies, such…
During this political season, we have heard a lot about too-big-to-fail banks, corporate greed, politicians on the take, bad trade deals, inequality and … starting a revolution to save the middle class. Just over 100 years ago, at the dawn of the first American Progressive Era, the same conditions sparked a revolution which spread…
The Public Banking Institute (PBI) has initiated an educational project entitled “What Wall Street Costs America.” PBI and advocates around the country are learning to read Comprehensive Annual Financial Reports (CAFRs). All governmental bodies must issue annual CAFRs– including the State of Arizona (here), the State Retirement System (here), Pima County (here), Tucson (here), and Tucson…
On the east coast, Bank of America is notifying small towns that they’re going to have to find another bank because B of A no longer wants their business. This is similar to the Wall Street banks pulling out of border areas. In both cases the too-big-to-fail banks are blaming regulations, but the real reason…
[UPDATE: The US Conference of Mayors did pass the “Mayors Resolution on Strengthening Municipal Finances.” Mayor Rothschild did not attend the conference.] At their upcoming meeting on June 19-22, the US Conference of Mayors will be considering hundreds of resolutions on everything from gun safety to tax incentives to jobs and education. Tucked into that…
According to the Phoenix Business Journal, Phoenix and Arizona still have not recovered from the housing crash and the Wall Street meltdown as well as the rest of the country. From the article, Living underwater: Phoenix, Arizona among worst in homeowners with negative equity.. Phoenix and Arizona continue to struggle with negative equity for homeowners,…
We are much obliged to Mr. Robert G. Brown, a public banking advocate for scheduling a meeting for us with Pima County District 1 Supervisor Ally Miller. We met with her in her in her office today for about an hour. We presented “Top 10 Reasons for Public Banking” power point. She was especially interested to…
Life was hard in the West at the turn of the 20th Century. Many farms had no electricity or running water. The western spirit was– and still is– fiercely independent, self-reliant, and skeptical of Easterners. Farmers were particularly leery of Wall Street bankers and railroad barons because they believed they were being treated unfairly. Wall…
Just a few days ago, Arizonans for a New Economy launched our supporter page. We were heartened by how many people and organizations jumped at the chance to add their names to our supporter list and our email list in the first 24 hours. More supporter names are rolling in. Even more inspiring have been…
Join the public banking movement in Arizona. We added a supporters’ tab to the top of our page. Click on that link and fill out the very simple form to add your name and/or your group or business name to our supporters page. There is also an option to add your email to our mailing…
Arizonans for a New Economy 