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…
Author and public banking guru Ellen Brown has assumed the position of Chair of the Board of the Public Banking Institute (PBI). Former Chair Walt McCree stepped down on July 4, 2017. Read the announcement from PBI here: Ellen Brown Assumes Chair of PBI. Keep informed on public banking progress by subscribing to PBI’s weekly…
This week in New Hampshire, our Public Banking Institute colleagues are participating in the Bretton Woods IV Convocation on financial reform. There are four cornerstones to the conference: public banking, the North Country Resolution, local currencies, and Concordian economics. Here are some snippets from the conference website. I am blown away by the comprehensive and…
As public banking advocates, we spend a lot of time evangelizing. We talk about public banking all the time. More often than not, people get it when they hear our message about bringing tax dollars back from Wall Street and investing our money HERE at home. One group that we have not made many inroads with…
Interesting articles on public banking, Wall Street, and cooperative action… How Nebraska Took Its Energy Out of Corporate Hands and Made It Affordable for Everyone Electric power by and for the people: check out this story about electric cooperatives and other publicly owned utilities providing power to $1.8 million people in Nebraska. This harkens back…
Public Banks are … • Viable solutions to the present economic crises in US states. • Counter-cyclical, meaning they are capable of reducing the negative impact of recessions, because they can make money available for local governments and businesses precisely when private banks decrease lending. • Potentially available to any-sized government or community able to meet…
There are many misperceptions about public banking. In this blog post is from the Public Banking Institute’s (PBI) website, PBI answers. When grouped together these misperceptions may be summarized as follows: 1) Public banking is riskier than the current system. In fact, the opposite is true. The only thing that saved the private banking system from…
Arizonans for a New Economy 