Progressive Democrats of America: Central NM Chapter

Wednesday Feb 12, 2020

2801 Lomas Blvd NE
Albuquerque, NM 87110






Paul Stokes

Phone: 505-898-1237
Website: Click to Visit

Hear about the plans for public banking in NM.


Come hear about the plans for Public Banking in New Mexico!

A public bank would hold the state's revenues from income taxes and other sources, and would be able to fund projects in the state with lower interest rates than that charged by the Wall Street banks that now hold the state's revenues.  Projects that are good for New Mexico but aren't of interest to the Wall Street banks could be funded by a state public bank.

Many countries around the world use public banks and a number of states are considering public banks like the very successful one established in North Dakota in 1919.