Help us build a diverse coalition from all over Ohio to promote the benefits of having public banks.
localist
24 posts
Who will set policy for public banks? Who decides whether to approve loans? How are decision-makers insulated from bribes and financial or political pressure? The governing legislators or lawmakers—whether at the state or municipal level—would make general policy decisions about public banks (and would likely have an advisory commission to […]
Darryl C. Murphy, writing on October 2 on WHYY PBS, reports that an independent feasibility study commissioned by the City of Philadelphia has recommended the creation of a public bank that would allow city government to loan directly to small businesses. The 50-page report suggests that such a bank could allow America’s poorest big city to use […]
Town Hall panelists will examine how a public bank could become a real financial lifeline to struggling Ohio communities desperate for funds, staving off economic disaster and jump-starting the new economy.
Devika Dutt of PERI explains the gap between common economic thinking, which favors private ownership of banks, and the data.
Earlier this summer, a round table discussion on public banking in New York state revealed much of the potential of a public bank for stabilizing finances in a region. Check out the video on Facebook (2 hours) https://www.facebook.com/jamessandersjrNY/videos/3187695044582823/?tn=R*F
Banks have superpowers that cities and towns can use to fund public works, without increasing taxes. Watch the power of public banking. What is Public Banking? Public banking is banking operated in the public interest, through institutions owned by the people through their representative governments. Public banks can exist at […]
In the years since the financial crisis, vibrant campaigns for public banks have emerged all across the country. The time for public banks in the U.S. has come.
Columbus Metropolitan Club: The forum, “Be the Boss: Starting and Funding New Business,” will highlight funding sources available to small businesses, social enterprises, and start-ups in the local food and retail economies.
Think food co-ops can only exist in wealthy neighborhoods? Think again, and then check out this exciting new resource from the Cooperative Development Institute (an NEC member) detailing different models of cooperative ownership that are bringing real food and good jobs to low-income communities around the US. Read more How […]