If Trump indeed tanks your 401(k) to make himself and his friends even richer, the opposition party should make that the centerpiece of their attack heading into next year’s election.
public banking
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Can Public Banks Help Re-Write Our Financial Worldview?
The case for public banking begins by deconstructing the creation of money and, in a fairly stunning revelation if you’ve never heard it before, discussing how banks create “new money” when they make loans.
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How the Public Banking Movement Hacked Cannabis Banking
The answer to unsafe cannabis cash, irresponsible private banking and economic inequality can be found in the democratization of banks.
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The Public Banking Movement Has Always Been About Justice
The most inspiring proponents of public banking, like the earliest religious banking advocates, recognized that wealth inequality is arbitrary and dehumanizing.
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The War On the Post Office
The U.S. Postal Service, under attack from a manufactured crisis designed to force its privatization, needs a new source of funding to survive. Postal banking could fill that need.
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An San Francisco City Bank is Not Only Possible — It’s A Great Idea, Budget Analyst Concludes
There's nothing standing in the way of a public bank except the finance industry and political will.
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Amid Divestment Protests, More Cities Explore Public Banks
Supporters say public banks can enable more community-driven, character-based lending.
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A Bank Even a Socialist Could Love
The fight for public banking is gaining ground in cities and states across the country.
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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.
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Public Banks Could Break the Impasse Over Marijuana Money
Because marijuana continues to be classified as a Schedule 1 drug, private banks are effectively prohibited from fully participating in this market.
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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?