Bank of North Dakota Celebrates 100 Years of Public Banking

The Bank of North Dakota (BND), the only public bank in the US, celebrated 100 years of economic liberty from Wall Street banks this week. BND was created in 1919 by the grassroots efforts of the Nonpartisan League. Back in the early 1900s in the Gilded Age, railroads and banks were controlled by wealthy east…

Top 10 Ways Arizona’s Economy Would Benefit from Public Banking (video)

Many would agree that Arizona’s post-crash recovery has been lagging behind the rest of the country. The lingering question is: What do we do about it?. Arizonans for a New Economy believes that creation of a state bank would go a long way toward making Arizona financially healthy again. Across the country, states and cities have billions of dollars…

Can Public Banking Spur Economic Growth in Southern Arizona?

Originally posted on Tucson Progressive:
Tucson is one of the most impoverished cities in the country—for many reasons. The Arizona Legislature—driven by the American Legislative Exchange Council (ALEC) and short-sighted, “small government” ideology—has routinely swept funds earmarked for counties and cities to “balance” the state’s budget or fund pet projects like lower corporate taxes. Beyond…