The year 2020 has caused many white people to realize we live in a racist system. The Green New Deal is about systemic change for all, and deconstructing racism must be front and central in this agenda.
Bank of North Dakota
Follow:
-
The Public Bank Option: Safer, Local and Half the Cost
Phil Murphy, a former banker with a double-digit lead in New Jersey’s race for governor, has made a state-owned bank a centerpiece of his platform. If he wins on Nov. 7, the nation’s second state-owned bank in a century could follow.
-
Saving Illinois: Getting More Bang for the State’s Bucks
Illinois is teetering on bankruptcy and other states aren't far behind, largely due to unfunded pension liabilities. But the state could turn its sizable pension fund into a self-sustaining public bank.
-
Amid Divestment Protests, More Cities Explore Public Banks
Supporters say public banks can enable more community-driven, character-based lending.
-
The Big Banking Scandal Wall Street Is Hiding From You
Your community’s tax dollars are getting quietly pilfered by Wall Street banks, and the banks are doing an excellent job of keeping the how away from you.
-
In Praise of Class Traitors: Former Goldman Exec Runs for N.J. Governor on Public Banking Platform
Days after Phil Murphy’s call for a publicly-owned Bank of New Jersey sent shockwaves across state and national media, the proposal received an unexpected favor: Governor Chris Christie attacked it.
-
Bank of North Dakota Soars Despite Oil Bust – Blueprint for a California New Deal?
Despite North Dakota’s collapsing oil market, its state-owned bank continues to report record profits – so what might California, with fifty times North Dakota’s population, do following that state’s lead?
-
How Secret Wall Street Fees Are Bleeding Our Cities Dry
A new project launched by the Public Banking Institute, called "What Wall Street Costs America," shines light on the way that enormous fees being paid out by local governments to big banks are bankrupting communities across the country.
-
The Populist Revolution: Bernie and Beyond
From the Syriza Party in Greece and the Podemos Party in Spain, to the rise of Jeremy Corbyn, Donald Trump and Bernie Sanders, contenders with their fingers on the popular pulse are surging ahead of their establishment rivals.
-
Santa Fe Moves a Step Closer Toward Creating City-Owned Public Bank
A new study concludes that a public bank for the New Mexico city is both feasible and would have a positive financial impact – adding $24 million to city coffers over a seven-year period.
-
A Law Abused: Why Dodd-Frank Is Killing Off Community Banks
The legislation was supposed to end "too big to fail" and promote financial stability, but Dodd-Frank’s “orderly liquidation authority” has replaced bailouts with bail-ins and threatens the existence of banks with assets under $1 billion.
