Answer: This argument is incorrect. Public banks like the Bank of North Dakota (BND) are run by experienced and independent banking professionals, not by politicians. The BND has been …
Answer: Very likely Yes. In October 2019, Colorado’s Office of Legislative Legal Services (OLLS) issued a Legal Opinion to State Representative Jonathan Singer in which it concluded that a state public …
A Public Bank is a bank owned by a national, state, or local government in which all of its funds, taxes, and revenues are deposited. It is mandated to serve a public mission that reflects …
In times of crisis, public banks respond faster and better than private banks, as recent events have shown. Premiering today, this third short video in Public Banking Institute’s public banking series demonstrates how the state-owned Bank of North Dakota has …
(DENVER – June 5, 2020) Public banks, banks owned by the public, have been shown to respond more rapidly, effectively and equitably to crises than privately-owned banks. Colorado Leaders and Legislators were invited to learn how at an informative Town …
Guest Post: Colorado is in a health and financial crisis. A public bank is a solution.
The state of Colorado and nation are reeling badly, with no real solutions in sight. The state budget faces a $3 billion shortfall. The …
The following is excerpted from Ellen Brown’s most recent article, published on Common Dreams. You can find the full article here.
When the Dodd Frank Act was passed in 2010, President Obama triumphantly declared, “No more bailouts!” But what the …
In October 2019, Colorado’s Office of Legislative Legal Services (OLLS), through Thomas Morris, Managing Senior Attorney, concluded in a Legal …
This article was originally posted in Common Dreams. You also can find it here.
Congress seems to be at war with the states. Only $150 billion of its nearly $3 trillion coronavirus relief package – a mere 5% – has