The Public Banking Institute seeks an experienced part-time media consultant to coordinate our web development (Nation Builder), social media, and appeals. Background in Public Banking a plus!
The Center for Economic and Policy Research (CEPR) is calling for the Federal Reserve to return to its historic commitment to full employment. According to CEPR…
“The Federal Reserve should take lessons from the Fed in the 1990s and remain committed to its full employment mandate. A new report from The Center for Economic and Policy Research and The Fed Up campaign at the Center for Popular Democracy provides a history of the full employment mandate – from the Civil Rights Movement to Alan Greenspan and the actions the Federal Reserve took in the 1990s to support growth in the economy.Read more
Is capitalism a religion?
“Its moral code promises salvation, its high priests uphold their orthodoxy. But perhaps too many of its doctrines are taken on faith,” writes John Rapley in The Guardian.Read more
Santa Fe has been winding its way toward establishment of a public bank for the past few years. Mayor Javier Gonzales even included public banking in his campaign platform. This summer, it took a major step forward with the announcement of a nine-member task force to determine the requirements to establish a public bank.Read more
Many of you know that the Bank of North Dakota (the only public bank in the US) was started in 1919, during a progressive movement that swept the state and the region. But do you know about the Nonpartisan League, the grassroots effort that took on the big banks and the railroads and eventually took over the ND state legislature?Read more
We are delighted to inform you that Ellen Brown, founder of the Public Banking Institute, has accepted our invitation to Chair our Board. We are sad to announce that Walt McRee resigned from the Board earlier this week, but we are also happy for the new opportunities that now await him. For the past 2 ½ years, Walt has worked tirelessly to expand the national footprint of public banking on behalf of PBI. He provided educational support to many local public bank coordinators and coalition members through monthly calls-in programs. He produced “It’s Our Money” radio program with Ellen Brown. He’s met with countless elected officials and public servants on our behalf to help them understand the difference public banking could make to those they represent.Read more
Neighbors Oakland and Richmond, California, are supporting each other as they explore public banking. As public banking initiatives wind their way through the political process in multiple states and cities, we often see a few steps forward followed by a step or two backward. Such is the political process. Despite some recent ups and downs, Oakland public banking advocates are pressing on, and Richmond is helping.Read more
Japan has found a way to write off nearly half its national debt without creating inflation. We could do that too, according to PBI founder Ellen Brown.Read more
State and local governments struggle with the high cost of building and maintaining infrastructure. Roads and bridges across the country are crumbling as a result.Read more