What Wall Street Costs America (and Arizona)

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…

Pima County Bond Issue: ‘Web of Debt’ or Investment for the Future? (video)

In a month, Pima County voters will be asked to vote on a $816 million, seven-part bond issue that includes construction of multiple buildings and roads to benefit existing corporations or attract new businesses to Southern Arizona. Sprinkled amongst the corporate-giveaways are improvements or construction of libraries, community centers, parks, neighborhoods, and other perks that…