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Posted by on in International News
Public Banking News from Ireland

Public banks with focus on SME lending proposed

A system of regional publicly owned banks with a focus on lending to the SME sector could play an important role in restoring faith in the banking system and supporting economic growth, according to a leading expert.

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By David Kerans

WASHINGTON (VR)—The success of corporations and the rich at avoiding and evading taxation over the last few decades goes far to explaining why America continues to lose ground regarding the condition and sophistication of its physical infrastructure. But the public sector's reliance on the banking sector to finance infrastructure projects effectively doubles the cost of these projects.

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Posted by on in National News
The ABCs of public banking

Public banks are capitalized with public funds and can hold state and municipal deposits safely away from the gamblers on Wall Street.

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The World’s Bank: How Crowdfunding is Disrupting Old Banking

According to Biz2Credit, an online devoted to small business funding, big banks currently reject more than 8 out of 10 loan applicants, and small banks reject 5 out of 10. Some estimates suggest that investment in small businesses has dropped as much as 44 percent since the Great Recession in 2008. That's tens of billions of dollars that fueled the economy and helped our communities thrive – gone, completely eviscerated. Meanwhile, twenty-one million people are underemployed or unemployed....

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The Fed Is The Great Deceiver — Paul Craig Roberts and Dave Kranzler

The Great Deceiver — The Federal Reserve

Paul Craig Roberts and Dave Kranzler

Is the Fed "tapering"? Did the Fed really cut its bond purchases during the three month period November 2013 through January 2014? Apparently not if foreign holders of Treasuries are unloading them.  Read the entire article here.  Learn more about Dr. Paul Craig Roberts here.

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