Earl Staelin, a board member of Be The Change — USA, is one of the intellectual leaders of the Banking On Colorado and the public banking movement in Colorado. Here is his Denver Post Op-Ed supporting the formation of public banks in our state. From the Denver Post: OPINION
Category Archives: Public Banking
From the The Web of Debt Blog: Why Public Banks Outperform Private Banks: Unfair Competition or a Better Mousetrap? Posted on February 10, 2015 by Ellen Brown at ellenbrown.com Public banks in North Dakota, Germany and Switzerland have been shown to outperform their private counterparts. Under the TPP and TTIP, however, […]
A public bank can benefit local governments and economies in many ways. There can be a clear benefit to local infrastructure and businesses through community banks, and, as this article makes clear, there can be great improvements to our environment through investment in renewable energy. From the Boulder Weekly Thursday, February 5, 2015 Banking on […]
A bill to establish The Maine Street Bank was introduced in the Maine legislature on 13 January 2015. Titled An Act to Create a Public Bank, the bill proposes to create a public bank by 1 July 2017 for the state of Maine that is largely modeled after the nearly century old Bank of North […]
Postal Banking provides an alternative to the usury that pay-day lenders are now practicing on the Americans that can least afford to pay the exorbitant interest rates these lenders are charging. The following article, pulled from the pages of slate.com, looks at the history of Postal Banking and how it can provide relief to these […]
Pennsylvania Public Bank Project and the Public Banking Institute together presented a national public banking symposium, Public Banks for Public Works: Banking in the Common Wealth — A symposium to educate and inform the citizens of Pennsylvania and its neighbors about the role a public bank could play in supporting an economy that serves us […]
The city council of the City of Seattle recently held a public meeting, Public Forum: The Possibility for a Public Bank in Seattle to discuss, with experts in the field, the possibility of establishing a public bank in Seattle. Of particular interest is a “Public Banking 101” presentation by Gwendolyn Hallsmith, Executive Director of the […]
While many of us understand the importance and benefit of public banks for stimulating local economies, there are many who have the opposite point-of-view and can present arguments that are reasonable, given their set of assumptions. It is important that we understand these arguments and can respond to them. The link below is to a […]
In an article in The Wall Street Journal dated November 16, 2014 and entitled Shale Boom Helps North Dakota Bank Earn Returns Goldman Would Envy, Chester Dawson relates a largely factually correct representation of the Bank of North Dakota. However, the interpretation of these facts is easily questioned. Ellen Brown, a major intellectual leader of […]
One of the major roles of the Bank of North Dakota (BND) is to support small businesses within the state. This story, which was in the New York Times Blog, You’re the Boss — The Art of Running a Small Business on March 13, 2014, gives some detail about how BND can help a small […]