The Public Banking Revolution Is Upon Us

Ellen Brown / Truthdig Apr 17, 2019 California and Washington are in a race to form the nation's second state-owned bank, a century after the first was established. Dig deeper ( 5 Min. Read )

How America Can Free Itself From Wall Street

Ellen Brown / Truthdig Oct 2, 2018 As California goes, so goes the nation, and legislators around the U.S. are looking to the West as Los Angeles makes a bid to break with the nation's biggest banks. Dig deeper ( 7 Min. Read )

Why China Is Running Circles Around America

Ellen Brown / Truthdig Feb 26, 2018 State and local politicians would be wise to study how the Chinese are funding massive public works projects that will soon put America to shame. Dig deeper ( 7 Min. Read )

Here’s How Infrastructure Costs Can Be Halved

By Ellen Brown / Web of Debt Jan 26, 2017 Americans could save $1 trillion over 10 years by financing infrastructure through publicly owned banks like the one that has long been operating in North Dakota. Dig deeper ( 5 Min. Read )

Public Banks Can Help Cities Honor Their Commitment to Give Sanctuary to Immigrants

By Matt Stannard and Marc Armstrong Dec 13, 2016 Cities, counties and states, by chartering their own banks, can foster long-term economic stability and build a firewall against the incoming administration's threats of financial blackmail. Dig deeper ( 7 Min. Read )

North Dakota’s Public Bank Is Funding Police Repression at Standing Rock

By Matt Stannard / Cowboys on the Commons Nov 4, 2016 For those of us who have viewed the Bank of North Dakota as an example of the promise of this type of financial institution, recent news that an emergency spending panel approved an extra $4 million in credit for rubber bullets and the arrest of people seeking to protect their livelihood is troubling. Dig deeper ( 5 Min. Read )

Killing Off Community Banks: Intended Consequence of Dodd-Frank?

By Ellen Brown, Web of Debt Oct 22, 2015 The Dodd-Frank regulations are so lethal to community banks that they are rapidly disappearing—except in North Dakota, where they are thriving. Some say the intent was to force them to sell out to the mega-banks. Dig deeper ( 7 Min. Read )

Why Public Banks Outperform Private Banks

By Ellen Brown, Web of Debt Feb 12, 2015 Public banks in North Dakota, Germany and Switzerland have been shown to outperform their private counterparts. International private competitors have responded by pushing for regulations limiting the advantages of the public banking model, but public banking advocates are pushing back. Dig deeper ( 6 Min. Read )

Enough Is Enough: Fraud-Ridden Banks Are Not L.A.’s Only Option

By Ellen Brown, Web of Debt Jan 30, 2014 JPMorgan Chase has been involved in more than a dozen felonies. Why are we still doing business with it? Dig deeper ( 5 Min. Read )

Debate: ‘Public Banks Are Key to Capitalism’

Alexander Reed Kelly / Truthdig Oct 4, 2013 Former Truthdigger of the Week and Public Banking Institute President Ellen Brown led a debate in The New York Times' opinion pages this week, arguing: "We actually need publicly owned banks for a capitalist market economy to run properly." Dig deeper ( 2 Min. Read )

Why Is Socialism Doing So Well in Deep-Red North Dakota?

By Les Leopold, AlterNet Mar 30, 2013 North Dakota's thriving state bank makes a mockery of Wall Street's casino banking system -- and that's why financial elites want to crush it. Dig deeper ( 6 Min. Read )