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City moving forward with study on public bank

The idea of creating a public bank in Santa Fe is gaining traction.

The city is seeking someone qualified to study the feasibility of establishing a publicly owned bank that would help finance public projects, provide better returns on taxpayer investments and reduce the risk of public funds in existing financial markets.


Read the entire article here.

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It’s Our Money with Ellen Brown – A State-Owned Bank of Wisconsin?

Despite recent years of corrosive state politics, Wisconsin voters may soon create a new way forward by electing a public banking advocate as State Treasurer. Madison attorney David Leeper has made creating a state-owned public bank his centerpiece with an urgent sense of purpose. Ellen talks with him about his perspectives and later, on the Public Banking Report, with two prominent bankers and co-host Walt McRee about underlying bank dynamics that support the public bank option.

Listen to the entire show here.

"The following was independently produced and is posted for the purposes of information and the education of viewers of this site. It does not imply any endorsement of any candidate for public office."


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Posted by on in National News
"Public Banking" with Marc Armstrong

"Public Banking" with Marc Armstrong

Key benefits of public banking; state and county banks; common misconceptions; commercial, wholesale and investment banking; Public Banking Institute; Trans Pacific Partnership; Fast Track; Cyprus banking crisis; Dodd Frank; 2005 Bankruptcy Law; derivatives a threat to depositors; FDIC/BOE document.

Produced and hosted by Bonnie Faulkner.

Listen to interview with Marc Armstrong here.


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You Can't Taper a Ponzi Scheme: Time to Reboot

You Can't Taper a Ponzi Scheme: Time to Reboot

By Ellen Brown



The shadow banking system is a ticking time bomb. We are just waiting for it to blow up and collapse. And then what will happen to our economy?

Read entire article here.

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Posted by on in National News
Checking the Banks

Checking the Banks

The Nuts and Bolts of Banking for People Who Want to Fix It

The global network of banks, brokers, funds, dealers, servicers, and all the rest is a marvel of the 21st century—for better and frequently worse. In the aftermath of the worst financial crisis in a generation, there has never been a more important time to understand how the system works... and why it doesn't.

Checking the Banks is an easy-to-read primer on how a bank—and the banking system—works. Complex ideas, like bank capital, leverage, risk-weighting, and repo transactions are explained in clear, understandable language.

This is a book for:
· People who want to understand banks,
· Activists determined to change them,
· Reformers seeking to build alternatives.

"This is a marvelous book! Well-written—even enjoyable to read—about local banking! Packed with important information, not only for the expert, but for anyone, activist or public official, Put it on top of your reading pile!"
— Gar Alperovitz, author of What Then Must We Do?

"A clear, accessible, practical, grounded, and authoritative intro- duction to how banks account for their use of your money."
— David Korten, author of Agenda for a New Economy: From Phantom Wealth to Real Wealth

Click Here to Purchase

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