Articles and Newsletters

Public Banking: Local Impact

Articles on Public Banking

April, 2013

TruthOut, “Remaking the Federal Reserve, Building Public Banks and Opting Out of Wall Street,” Kevin Zeese and Margaret Flowers, April 17, 2013

RT, “Multibillion-euro bailout best solution for Cyprus?,” April 12, 2013, “Transcript; Paul Craig Roberts – The Collapse of Banking,” Rob Kall, April 5, 2013

Dissident Voice, “The Yin Yang of Banking, Work, Wealth, and Health,” Kevin Zeese and Margaret Flowers, April 4, 2013, “Public Banking: What Better Time Than Now,” Stephen Lendman, April 4, 2013

Huffington Post, “Are We Heading Towards Cyprus or Socialism?” Les Leopold, April 4, 2013

Between the Lines, “Cyprus Banking Bailout Plan Provokes Fears of Confiscation of Depositor Funds in US and UK,” Interview with Ellen Brown, April 3, 2013

The American Prospect, “The People’s Bank,” Abby Rapoport, April 1, 2013

March, 2013

Huffington Post, "Yes, We Can Have Banks That Work For The People," Richard (RJ) Eskow, March 28, 2013

Central Penn Business Journal, “Panelists at F&M forum advocate for local financing,” Tim Stuhldreher, March 27, 2013

Truth Out, “TransPacific Partnership Will Undermine Democracy, Empower Transnational Corporations,” Margaret Flowers and Kevin Zeese, March 27, 2013

Washington Post, “BRICS Nations Plan Development Bank to Build Massive Infrastructure, Challenge to World Bank,” Associated Press, March 27, 2013, “’Be Afraid’: Pirates in Pinstripes,” Mike Krauss, March 24, 2013

Truth Out, "A Safe and a Shotgun or Public Sector Banks, The Battle of Cyprus," Ellen Brown, March 22, 2013

Truth Out, “Corporate-backed Trans-Pacific Partnership Shrouded in Secrecy,” Sam Knight, March 19, 2013

OpEdNews, “Money for the People: Grillo’s Populist Plan for Italy,” Ellen Brown, March 8, 2013

February, 2013

Truth Out, "The Financial Instrument That Could Save The Economy...," Ellen Brown, February 24, 2013

Pacific Standard, "Signed, Sealed, Deposited," David Dayen, February 15, 2013

MWC News, "How Congress Could Fix Its Budget Woes Permanently," Ellen Brown, February 14, 2013

Eurasia Review, "Time to Drop Money From Helicopters?," Kevin Zeese, Margaret Flowers, February 13, 2013

OpEdNews, "A Mainstream Economist Goes Off The Reservation...," Scott Baker, February 10, 2013

December, 2012

Firedoglake, "Elizabeth Warren Formally Gets Banking Committee Slot," David Dayen, December 12, 2012

Al-Jazeerah, "Exploring the Public Bank Option for Scotland," Ellen Brown, December 10, 2012

MPBN, "Proposal for Maine State Bank Back on Legislative Agenda," Tom Porter, December 10, 2012

OpEdNews, "The Linchpin Tipping Point to Reverse Centuries of Top Down, 1% Power and Privatization,“ Rob Kall, December 6, 2012

November, 2012, "Breaking Free of Wall Street and the Boom-Bust Cycle," Mike Krauss, November 30, 2012, "Cashing in on State-Owned Banking," Alf Young, November 24, 2012, "What Happened to the Radical Left?," George Kerevan, November 23, 2012, "Big Problem: Too-Big-To-Fail Banks are Too Big Again," Mike Krauss, November 20, 2012

Huffington Post, "A Grand Bargain or a Grand Uprising?," Carl Gibson, November 19, 2012

OpEdNews, "Thousands of Spanish Police Officers March Against Austerity,“ Scott Baker, November 18, 2012

TruthOut, "It's the Interest, Stupid! Why Bankers Rule the World," Ellen Brown, November 8, 2012

IndyBay, "Public Banking Works," Stephen Lendman, November 4, 2012

Sky Valley Chronicle, "Hurricane Sandy and the Great Red River Flood," Jim Morrow & Ira Dember, November 3, 2012

October, 2012

Seeking Alpha, "Review of James Gustave Speth's America the Possible: Manifesto for a New Economy," Hazel Henderson, October 23, 2012

OpEdNews, "QE Infinity: What's it all about, Mr. Bernanke?“ Ellen Brown, October 4, 2012

September, 2012

The Guardian, "The Key Pillars of our Economy Need Reshaping, Starting with Finance," Will Hutton, September 22, 2012

4-Traders, "Brazil Finance Ministry: BRL21.1 Billion to Expand Public Bank Credit," September 21, 2012

The Express Tribune, "Everybody can have money: enough and legitimately," Najma Sadeque, September 15, 2012

FirstPost.Economy, "Govt. can Provide Equity Support for Public Banks for Basel-III," September 11, 2012

Huffington Post, "The Myth that Japan is Broke: The World's Largest 'Debtor' is Now the World's Largest Creditor," Ellen Brown, September 5, 2012

August, 2012

New York Times, "Europe Pushes for Centralized Supervision of Banks," James Kanter, August 31, 2012

Fox Business News, "Six Cutting-Edge Bank Alternatives," Constance Gustke, August 29, 2012

OpEdNews, “Fixing the Mortgage Mess: The Game-changing Implications of Bain v. MERS,” Ellen Brown, August 23, 2012

PacificSun, "Thinking Outside the Strongbox," Peter Seidman, August 20, 2012

HuffingtonPost, "Saving the Post Office: Letter Carriers Consider Bringing Back Banking Services," Ellen Brown, August 15, 2012, "America is Not Broke!" Scott Baker, August 14, 2012

CounterPunch, "Greetings From the New Economy," Abby Scher, August 8, 2012

Truthout, "LIBOR - Insider Trading on a Massive Scale," Paul Jay, August 1, 2012

July, 2012

Huffington Post, "Illinois Needs a Public Bank," Tom Tresser, July 28, 2012

TruthOut, "Titantic Banks hit LIBOR Iceburg: Will Lawsuits Sink the Ship?“" Ellen Brown, July 20, 2012

OpEdNews, “A Better Way to Finance Public Projects,” Rudy Avizius, July 17, 2012

TruthOut, “AmericaBeyond Capitalism: An ‘Evolutionary Reconstruction’ of the System is Necessary and Possible," Gar Alperovitz, July 12, 2012

Huffington Post, “Government by the Banks, for the Banks: The ESM Coup D’Etat in Europe,” Ellen Brown, July 3, 2012

June, 2012

Truth-out, “Why the Senate Won’t Touch Jamie Dimon: How JPMorgan Props Up US Debt,” Ellen Brown, June 19, 2012

MarketWatch, “German (Public) Banks fear EU union would loot deposit fund,” Alexander Edinger, June 11, 2012

The Hindu, “Barclays scandal: public banking solution needed,” Alexander Edinger, June 11, 2012

Truth-out, “How Big Banks Run the World – at Your Expense,” Gar Alperovitz, June 8, 2012

Pacific Sun, “State bank drawing interest," Peter Seidman, June 7, 2012

May, 2012

Oped News, "Pennsylvania: Broke, Unless You Count the $91 Billion," Mike Krauss, May 29, 2012

Market Oracle, "The Disease is our Monetary System," Rudy Avizius, May 29, 2012

Salon, “Cooperative Banking has Arrived,” Ellen Brown, May 24, 2012

Huffington Post, “The Revolution Will Not Be Televised: Quiet Drama in Philadelphia,” Ellen Brown, May 22, 2012

Huffington Post, “The Rise of the New Economy Movement,” Gar Alperovitz, May 22, 2012

Huffington Post, “Below the Fold: Suicide, Satire, Plagiarism, and a 12-year-old girl,” Richard Zombeck, May 21, 2012

Toronto News, “How a Speech on Banking by 12-year-old Victoria Grant Went Viral,” Leslie Scrivener, May 18, 2012

Forbes, “The Victoria Grant Video: The Early Phase of a Viral Video Against Banking,” Haydn Shaughnessy, May 17, 2012

The Real News Network, “Two Billion Dollar Tip of Banking Iceberg,” Paul Jay interview of Prof. Gerald Epstein/UMass Amherst, May 14, 2012

Oped News, “Social Security Checks Garnished for Student Debt,” Ellen Brown, May 11, 2012

Rolling Stone, “How Wall Street Killed Financial Reform,” Matt Taibbi, May 10, 2012

LA Review of Books, “Dream of a Different World,” Lea Aschkenas interview of Margaret Randall, May 10, 2012

NOW Magazine, “Bank of Toronto?,” Paul Weinberg, May 9, 2012

Oped News, "Economic Liberty from Philadelphia," Scott Baker, May 4, 2012

April, 2012, “Occupy Bozeman talks to public about alternatives to ‘big banks,’” April 29, 2012

Oped News, "A Cure-all for the Financial Ills of our time?," Josh Mitteldorf, April 29, 2012

March, 2012

Wall Street Journal online, "It Takes a Village to Battle a Bank," David Weidner, March 29, 2012

Hawaii News Now, “Risk vs. Reward with state-owned bank proposals,” Tim Sakahara, March 29, 2012

Idaho Press-Tribune, “A tale of two bills in the Idaho Legislature,” Delmar Stone, March 27, 2012

Alaska Dispatch, “Isn’t it time for a publicly owned Alaska State Bank?” Rich Moniak, March 26, 2012

Dissident Voice, “Wall Street Confidence Trick,” Ellen Brown, March 23, 2012

Fox Business, “Germany Plans To Tackle Offshore Wind Liability Issues,” Dow Jones Newswire, March 22, 2012

Seeking Alpha, “Public Sector Banks: From Black Sheep to Global Leaders,” Ellen Brown, March 14, 2012

February, 2012

OpEdNews, “Occupy Movement Discussion: Bringing About an Economy That Benefits Society,” John Iacovelli, February 28, 2012

Asia Times Online, “Greek Knife to Wall Street,” Ellen Brown, February 23, 2012

Hawaii Reporter, “Hawaii Needs a Public Bank,” Marc Armstrong, February 23, 2012, “The Time of Big Government is Coming to an End,” Richard Heinberg, February 19, 2012

Demos, “Putting Vermont Money Back to Work for Vermont: Introducing the Vermont Partnership Bank,” Heather C. McGhee, Jason Judd, February 20, 2012

Right Side News, “Central Bank ‘Debt Capitalism’ and the Promise of US-Style State Banking,” Anthony Wile interview of Marilyn MacGruder Barnewall, February 20, 2012

Asia Times Online, “A Real Guarantor is Needed,” Ellen Brown, February 9, 2012

January, 2012

Information Clearing House, “Banks Weren’t Meant to Be Like This,” Michael Hudson, January 27, 2012

Common Dreams, “How Swedes and Norwegians Broke the Power of the ‘1 Percent’,” George Lakey, January 26, 2012

December, 2011

USA Today, "Economic struggles spur calls for public banking," Tracy Loew, December 26, 2011

Union Label & Service Trades Dept., “Americans Are Bailing Out on Banks Too Big to Care; Credit Unions, Partnership and State-Run Banks Offer Alternatives,” December 22, 2011

Good Business, “To Save Post Offices, Turn Them Into Public Banks,” December 21, 2011

Huffington Post, “Why Aren’t Small Businesses Getting Loans From Big Banks?,” Janean Chun, December 16, 2011

Wall Street Journal online, "Occupy Shocker: A Realistic, Actionable Idea," David Weidner, December 1, 2011

November, 2011

Euroasia Review, "Reforming The US Financial And Tax System – OpEd," Michael Hudson, November 23, 2011

Blue Oregon, "Banking is Now a Political and Social Issue," Todd Olson, November 20, 2011

Huffington Post, “Lobbying Firm Memo To Advise Wall Street Clients On Occupy Movement,” Jason Cherkis, November 19, 2011

The Economist, “Pockets of Credit,” November 19, 2011

Huffington Post, “Super Committee Deadlock: Heads They Win, Tails We Lose,” Ellen Brown, November 18, 2011

Patriot-News Op-Ed, “Harrisburg's financial plight shows why private debt system isn't working,” Mike Krauss, November 18, 2011

The Independent, "What Price the New Democracy? Goldman Sachs Conquers Europe," Stephen Foley, November 18, 2011

Bloomberg Businessweek, "North Dakota’s State-Run Bank Boosts Treasury, Spurs Imitators," Alison Vekshin, November 17, 2011

New Economic Perspectives, "Some Modest Proposals for Reforming the U.S. Financial and Tax System," Michael Hudson, November 17, 2011

CityBeat, "Banking on a Big Change," Eli Johnson, November 16, 2011

Asia Times Online, "Time for a new Bill of Rights," Ellen Brown, November 16, 2011

Huffington Post, "A Municipal Bank In San Francisco?" Aaron Sankin, November 4, 2011

Main Street Matters, "No More Foreclosures: A Simple, Two-Step Solution," Michael Sauvante

October, 2011

San Francisco Business Times, “San Francisco Ponders Creating City-owned Bank,” Mark Calvey, October 25, 2011

Beyond Chron, “Avalos, City Officials, Community Voices Discuss Municipal Banking Alternatives,” Jonathan Nathan, October 25, 2011

Institute for Ethics and Emerging Technologies, “Divest from Big Banks Now,” Hank Pellissier, October 21, 2011

Asia Times Online, “Germany’s Pillars of Growth,” Ellen Brown, October 20, 2011

Just Means, “A Real People’s Bank: Occupy Wall Street’s Call For a Public Banking Option,” Rynard Loki, October 17, 2011

September, 2011

Huffington Post, “The Lost Profession of Banking,” John Fullerton, September 29, 2011

New York Times, "No Extra Credit," Joe Nocera, September 19, 2011

Mother Jones, "How Debt can Help Save America," Rick Ungar, September 9, 2011

Northern Trust Global Economic Research, “If Some Dare Call It Treason, Was Milton Friedman a Traitor?,” Paul L. Kasriel, September, 2011

August, 2011

Yes!, "North Dakota's Economic Miracle -- It's Not Oil," Ellen Brown, August 31, 2011

OpEd News, "Book Review -- No More National Debt, by Bill Still," Ken Welton, August 26, 2011

Asia Times Online, “S&P and the Bilderbergers,” Ellen Brown, August 25, 2011

Sky Valley Chronicle, “DID STANDARD & POOR’S DELIBERATELY DOWNGRADE U.S. DEBT To trash the U.S. economy?,” Ellen Brown, August 19, 2011

Huffington Post, “California Legislature Passes Bill to Study State-owned Bank,” Ellen Brown, August 16, 2011

Berkeley Daily Planet, "Privatizing Unemployment: Bank of America's Sacramento Coup," Gar Smith, August 16, 2011

Pravda, "The market has spoken: Austerity is bad for business," Ellen Brown, August 9, 2011

Huffington Post, "Forget Compromise: The Debt Ceiling is Unconstitutional," Ellen Brown, August 1, 2011

July, 2011

Senator Sander’s website, “The Fed Audit,” Bernie Sanders, July 21, 2011

New Europe, "Commission's Dirty Task: WESTLB Devoured by Private Banks," Ralph T. Niemeyer, July 3, 2011

June, 2011, "Could State-owned Banks Have Prevented Our Financial Crisis?," Richard Clark, June 26, 2011

Asia Times Online, "The Military as a Jobs Program," Ellen Brown, June 21, 2011

Right Side News, "Should Public Banks Print Money Without Holding Reserves?," Daily Bell, June 14, 2011, "The Joy of Public Banking," John David, June 14, 2011, "Chilling the Arab Spring," Patrick Bond, June 9, 2011

The Nation, "Nation Conversations: Barbara Dudley on Oregon's Efforts to Create a State Bank," Sara Jerving, June 6, 2011

Asia Times Online, "This Crisis has an Exit," Ellen Brown, June 6, 2011

Money Changes website, “Infrastructure Banking -- Stimulus Loans that Pay for Themselves,” Jeffrey Orr, June 5, 2011, "The Public Banking Movement Comes of Age," Saman Mohammadi, June 3, 2011

Truthout, "The Prehistory of the Next Possible Progressive Era," Keane Bhatt, June 2, 2011

OpEd News, "Public Banking: An Idea Whose Time Has Come," Stephen Lendman, June 1, 2011

Workers' Liberty, "Greece: Colony of the Banks?," June 1, 2011

May, 2011, "Public Banking can Democratize the Economy," Kelly McCartney, May 31, 2011

Asia Times Online, "Japan shows how to Defuse Debt Time-Bomb," Ellen Brown, May 28, 2011

Al-Jazeerah, "What a Public Bank Could Mean for California," Ellen Brown, May 23, 2011

Asia Times Online, "Feds to States: Drop Dead," Ellen Brown, May 19, 2011

Bankers Web, "State-Owned Bank Helps Economic Recovery," May 17, 2011, "Reviving Main Street: A Call for Public Banks," John David, May 16, 2011

Fortune, "Your community bank, now funded by Wall Street," Ken Otterbourg, May 4, 2011

Demos, "Putting Maine Money to Work for Maine - Introducing the Maine Street Economic Development Bank," Jason Judd, Heather Meghee, May 3, 2011

April, 2011

Huffington Post, "The Shrinking U.S. Banking Sector: On Balance, Who Benefits?," April 28, 2011

Open Letter to FDIC Chairman Sheila Bair from Louis Hernandez, Jr., Chairman & CEO of Open Solutions Inc.

Online Asia Times, "Libya all about oil, or central banking?," Ellen Brown, April 14, 2011

Rolling Stone, "The Real Housewives of Wall Street," Matt Taibbi, April 12, 2011

Stateline, "The Bank of North Dakota: Banking's 'Public Option'" Jake Grovum, April 10, 2010

Huffington Post, "Why the Japanese Government Can Afford to Rebuild: It Owns the Largest Depository Bank in the World," Ellen Brown, April 1, 2011

OEN, "Banking on the Poor," Scott Baker, April 1, 2011

US Banker, "Reluctant Role Model," Rob Garver, April Cover Story, 2011

SEIU, "Big Banks Squeeze Billions in Profits from Public Budgets," April, 2011

March, 2011

Yahoo Finance, "Why North Dakota May Be the Best State in the Country to Live In," Carla Fried, March 31, 2011

New York Review of Books, "For a National Investment Bank," Robert Skidelsky, Felix Martin, March 30, 2011

Baltimore Chronicle, "Keeping The State’s Money In The State: An Alternative Solution To The Budget Crisis," Ellen Brown, March 27, 2011

Philly Burbs, "Affordable credit and the Second American Revolution." Ellen Brown, Mike Krauss, March 24, 2011

News with Views, "State Banks," Marilyn Barnewall, March 20, 2011

SF Reporter, "Can State-Owned Development Banks Save America?" Zane Fischer, March 16, 2011

Huffington Post, "How Wisconsin Can Turn Austerity Into Prosperity, Own a Bank," Ellen Brown, March 7, 2011

January, 2011

Yes Magazine, "Washington State Joins Movement For Public Banking," Ellen Brown, January 24, 2011

The Oregonian, "Small Business Owners Back State Bank," James Mayer, January 12, 2011

Public Banking Institute Launched, Mike Krauss, January 13, 2011

Huffington Post, "The Fed Has Spoken: No Bailout for Main Street," Ellen Brown, January 12, 2011

Early 2011, 2010

"Public Banking in America - Washington State Joins a Nationwide Movement" Ellen Hodgson Brown, J.D., Global Research, January 25, 2011

"Efficiencies of the State and Public Banking" - Ellen Hodgson Brown, J.D., The Daily Bell, January 16, 2011

"The Fed has spoken: No Bailout for Main Street" - Ellen Hodgson Brown, J.D., Baltimore Chronicle, January 12, 2011

"Oregon State Bank Discussed at Medford Forum" - Ivend Holen, Rogue Valley IMC, November 23, 2010

"Recession is Causing a Banking Awakening in Tough-Hit Midwest" - Eric Blair, Activist Post, August 9, 2010

PBI Newsletters - The Voice of Main Street

April Newsletter, Artificial Scarcity and Public Banking
March Newsletter, TPP and Public Banks, Cyprus, Letter from a Vermont Farmer, and more...
February Newsletter, 'Let's Recap, Shall We?' Cartoon, Austerity doesn't work -- time to try something new.
December Newsletter, Flying Over the Cliff with Seasonal Cheer
November Newsletter, Public Banks Can Create 50 Wall Streets; A Banker Who Supports Public Banking
October Newsletter, Public Banking is Counter-cyclical, Chile, Toronto, and Philly updates!
September Newsletter, Political Platforms and Public Banking
August 2012 Newsletter, County-owned Banks, Sonoma County Spotlight
July 2012 Newsletter, Banking on Montana, HIGH NOON in NH
June 2012 Newsletter, Preview of Sept. Announcements, Coalitions
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Articles on Public Banking -- From the Archives

Global Finance, “Total Debt to GDP (%),” Tina Aridas

The Oregonian, "Small Business Owners Back State Bank," James Mayer, January 12, 2011

SEIU, "Building State Development Banks," Jason Judd, Sam Munger, September, 2010

Huffington Post, "Public Banking -- From Radical to Conservative," Tom Sgouros, April 13, 2010

Stateline, "The Bank of North Dakota: Banking's 'Public Option'" Jake Grovum, April 10, 2010

Blogspot, "7 Questions About Public Banking," March 14, 2010

The Guardian, "Greece Should Sell Islands to Keep Bankruptcy at Bay - say German MPs," Philip Inman, Helena Smith, March 4, 2010

Demos, "Bigger Banks, Riskier Banks," Nomi Prins, James Lardner, January 20, 2010

Mother Jones, "How the Nation’s Only State-Owned Bank Became the Envy of Wall Street," Josh Harkinson, March 27, 2009

Frontline, "The Importance of Public Banking," C.P. Chandrasekhar, December 6-19, 2008

STWR, "The Importance of Public Banking," C.P Chandrasekhar, December 5, 2008
Read what Thomas Edision and Henry Ford had to say about public debt.


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Return to prosperity is not just a slogan - it's they way you can get involved in your community and make a difference. You'll find a handbook and presentation that you can use to help educate others about the merits of public banking.